The global crypto market gained marginally on Monday. The total market cap was up by 1.86 per cent to $2.39 trillion, while the total trading volume was up by 29.30 per cent to 110.55 billion. Pepe PEPE was the most trending as well as top gainer cryptocurrency. It was up by 62.24 per cent to $0.000006624. Its 24-hour trading volume was 3.02 billion. Bitcoin SV BSV was the top loser, down by 9.07 per cent. Its 24-hour trading volume was $214.68 million.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin hovers around $62,000, facing a marginal 0.10% decline amidst regulatory changes and market dynamics. The UK's reinforced authority to seize crypto assets under the Economic Crime Act could instill confidence among investors, while Marathon Digital's Anduro platform seeks to expand Bitcoin's functionality, potentially influencing its value. Nigeria's denial of a $10 billion fine on Binance highlights regulatory uncertainties. Despite hurdles, Bitcoin maintains a bullish stance above $60,750, supported by technical indicators. Green Bitcoin's launch of Gamified Green Staking introduces eco-consciousness and rewards, shaping a sustainable financial ecosystem."
DeFi was up by 0.94 per cent to $5.58 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 2.49 per cent to $63,588.04. Its 24-hour trading volume was $34.99 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 52.3 per cent.
Ethereum: Ethereum ETH was up by 1.30 per cent to $3,470.10 from the previous day. Its 24-hour trading volume was $16.11 billion. Ethereum’s market dominance was 17.5 per cent.
Tether: Tether USDT was trading at $1.00, down by 0.01 per cent. Its 24-hour trading volume was 80.78 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was down by 0.22 per cent to $129.12. Its 24-hour trading volume was $3.27 billion.
Avalanche AVAX was trading at $42.24, down by 2.04 per cent. Its 24-hour trading volume was $581.72 million.
Cardano ADA was up by 5.72 per cent to $0.7724 from the previous day. Its 24-hour trading volume was $1.18 billion.
Meme Coins
Dogecoin DOGE was down by 18.58 per cent, with a 24-hour price of $0.1629.
Shiba Inu SHIB was up by 21.45 per cent to $0.00002535.
Decentralised Finance
DeFi coin was trading at $0.04604, the same as yesterday.
Yearn.Finance YFI was up by 0.70 per cent to $9,443.50 in the last 24 hours. Its 24-hour trading volume was $57.64 million.
