The global crypto market increased marginally on Monday. The total market cap was up by 2.12 per cent to $2.46 trillion, while the total trading volume dropped by 30.26 per cent to $50.96 billion.
Bitcoin BTC was the most trending cryptocurrency. But it was up by 2.25 per cent to $64,414.87. Its 24-hour trading volume was $21.58 billion. AIOZ Network AIOZ was the top gainer. It was up by 19.76 per cent. Its 24-hour trading volume was $10.62 million. MANTRA OM was the top loser. It was down by 2.73 per cent. Its 24-hour trading volume was $11.64 million.
DeFi was also up by 1.25 per cent to $2.95 billion, according to the report by coinmarketcap.com.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin (BTC) recently dropped to $67,624 despite hitting an intraday high of $69,000. Former President Donald Trump's pro-crypto stance, including plans to replace SEC Chairman Gary Gensler and create a national bitcoin reserve, could significantly affect BTC prices. Trump's ambitions to turn the US into a crypto hub, along with BlackRock's Bitcoin ETF seeing big inflows, are boosting market sentiment. Bitcoin is currently trading at $67,624, showing a bullish trend above the $67,250 pivot point. Key resistance levels are at $68,320 and $69,150, while support is at $67,200 and $66,640."
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 2.25 per cent to $64,414.87. Its 24-hour trading volume was 21.58 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 55.5 per cent.
Ethereum: Ethereum ETH was up by 3.39 per cent to $3,345.40 from the previous day. Its 24-hour trading volume was $10.75 billion. Ethereum’s market dominance was 16.3 per cent.
Tether: Tether USDT was trading at $1.00. It was up by 0.08 per cent. Its 24-hour trading volume was $39.05 billion. It was ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was up by 5.01 per cent to $192.93. Its 24-hour trading volume was $2.41 billion.
Avalanche AVAX was trading at $28.19, up by 2.24 per cent. Its 24-hour trading volume was $217.39 million.
Cardano ADA was up by 1.78 per cent to $0.42.15 from the previous day. Its 24-hour trading volume was $295.4 million.
Meme Coins
Dogecoin DOGE was up by 3.05 per cent, with a 24-hour price of $0.1334.
Shiba Inu SHIB was also up by 1.53 per cent to $0.00001713.
Decentralised Finance
DeFi coin was trading at $0.03362, down by 2.18 per cent.
Yearn.Finance YFI was up by 0.35 per cent to $5,817.54 in the last 24 hours. Its 24-hour trading volume was $11.41 million.
