Cryptocurrency

Crypto Market Gains, Trading Volume Rises 32%; Bitcoin, Ethereum Up

Bitcoin was up by 3.03 per cent, while Ethereum was up by 1.75 per cent. Bitcoin BTC was the most trending cryptocurrency, while Shiba Inu Shib was the top gainer and UNUS SED LEO LEO was the top loser

Crypto Market Gains, Trading Volume Rises 32%; Bitcoin, Ethereum Up
info_icon

The global crypto market gained on Friday. The total market cap was up by 3.01 per cent to $2.3 trillion, while the total trading volume was up by 32.97 per cent to $86.42 billion. Bitcoin BTC was the most trending cryptocurrency. It was up by 3.03 per cent to $65,328.32. Its 24-hour trading volume was $36.92 billion. Shiba Inu Shib was the top gainer. It was up by 23.43 per cent. Its 24-hour trading volume was $1.37 billion. UNUS SED LEO LEO was the top loser. It was down by 2.23 per cent. Its 24-hour trading volume was $297.28 million.

DeFi was up by 3.38 per cent to $5.06 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin is trending upwards in the long term, as investors have consistently bought at higher prices, signaling positive growth. Currently, it is trading within a rectangle pattern, with support at 53,252 and resistance at 67,753. A decisive breakout above or below these levels will define its next direction. Approaching resistance at 71,000 could trigger a negative reaction, but a breakout beyond 71,000 would be a bullish signal. The rising RSI curve supports the positive momentum. Overall, Bitcoin's long-term outlook remains technically neutral until a clear break of support or resistance occurs."

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 3.03 per cent to $65,328.32. Its 24-hour trading volume was $36.92 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.1 per cent.

Ethereum: Ethereum ETH was up by 1.75 per cent to $2,611.43 from the previous day. Its 24-hour trading volume was $16.78 billion. Ethereum’s market dominance was 13.9 per cent.

Tether: Tether USDT was trading at $1. It was up by 0.04 per cent. Its 24-hour trading volume was $67.13 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 4.77 per cent to $156.37. Its 24-hour trading volume was $3.03 billion.

Avalanche AVAX was trading at $29.36, up by 6.55 per cent. Its 24-hour trading volume was $502.41 million.

Cardano ADA was up by 5.88 per cent to $0.4084 from the previous day. Its 24-hour trading volume was $368.32 million.

Meme Coins

Dogecoin DOGE was up by 9.92 per cent, with a 24-hour price of $0.1196.

Shiba Inu SHIB was up by 23.43 per cent to $0.00001911

Decentralised Finance

DeFi coin was trading at $0.0215, up by 5.23 per cent.

Yearn.Finance YFI was up by 2.64 per cent to $5,364.97 in the last 24 hours. Its 24-hour trading volume was $13.85 million.