The global crypto market gained marginally on Monday. The total market cap was up by 2.35 per cent to $2.25 trillion, while the total trading volume was up by 41.93 per cent to $64.26 billion.
Sui SUI was the most trending cryptocurrency. It was up by 1.25 per cent to $2.26. Its 24-hour trading volume was $1.20 billion.
Brett (Based) BRETT was the top gainer. It was up by 19.60 per cent. Its 24-hour trading volume was $94.57 million. Popcat (SOL) POPCAT was the top loser. It was down by 4.25 per cent. Its 24-hour trading volume was $130.79 million.
DeFi was up by 1.53 per cent to $3.78 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, co-founder and CEO, Unocoin, said: “After September's hotter-than-expected US inflation data, Bitcoin (BTC) stabilised just below $61,000 on Thursday. The Consumer Price Index (CPI) report revealed that the year-over-year headline inflation rate for September was 2.4 per cent, slightly above the forecasted 2.3 per cent. In addition, the core CPI, which excludes food and energy costs, registered at 3.3 per cent, marginally exceeding the expected 3.2 per cent. These figures highlight ongoing inflationary pressures, impacting market sentiment and Bitcoin's performance as investors react to the economic indicators.”
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 2.75 per cent to $64,528.31. Its 24-hour trading volume was $26.52 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.6 per cent.
Ethereum: Ethereum ETH was up by 2.62 per cent to $2,530.06 from the previous day. Its 24-hour trading volume was $13.66 billion. Ethereum’s market dominance was 13.4 per cent.
Tether: Tether USDT was trading at $0.9993. It was down by 0.04 per cent. Its 24-hour trading volume was $49.79 billion. It was ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was up by 4.29 per cent to $152.41. Its 24-hour trading volume was $1.93 billion.
Avalanche AVAX was trading at $29.37, up by 1.51 per cent. Its 24-hour trading volume was $373.72 million.
Cardano ADA was down by 0.61 per cent to $0.3554 from the previous day. Its 24-hour trading volume was $221.22 million.
Meme Coins
Dogecoin DOGE was up by 0.74 per cent, with a 24-hour price of $0.1121.
Shiba Inu SHIB was up by 2.06 per cent to $0.00001803.
Decentralised Finance
DeFi coin was trading at $0.01975, up by 2.38 per cent.
Yearn.Finance YFI was up by 1.11 per cent to $4,979.36 in the last 24 hours. Its 24-hour trading volume was $15 million.
