Cryptocurrency

Crypto Market Starts Week With 2.43% Gain, Trading Volume Soars 162%

Bitcoin was up by 3.23 per cent, while Ethereum was up by 1.63 per cent. Loom Network (LOOM) was the most trending cryptocurrency as well as the top loser, while Bitcoin SV (BSV) was the top gainer

Crypto Market
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The global cryptocurrency market cap gained significantly on Monday afternoon. The total market cap was up by 2.43 per cent to $1.08 trillion, while the total trading volume was up by 162 per cent to $36.46 billion.

Loom Network (LOOM) was the most trending cryptocurrency, down by 5.26 per cent to $0.3589 from the previous day. It was also the top loser of the day. Bitcoin SV (BSV) was the top gainer, up by 8.64 per cent to $36.57 over the previous day. Its 24-hour trading volume was $89.36 million.

The total volume in decentralised finance (DeFi) is currently $2.52 billion, 6.90 per cent of the total crypto market 24-hour volume. The volume of all Stablecoins is now $ 33.89 billion, which is 92.95 per cent of the total crypto market 24-hour volume.

Cryptocurrency Prices

Bitcoin: Bitcoin was up by 3.23 per cent to $27,728.54. Its 24-hour trading volume was $13.69 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s dominance is currently 50.3 per cent.

Ethereum: Ethereum was up by 1.63 per cent to $1,585.55 over the previous day. Its 24-hour trading volume was $4.69 billion.

Tether: Tether was trading at $1, marginally up by 0.01 per cent over the last 24 hours. Tether’s 24-hour trading volume was $28.84 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Binance (BNB) was on the fourth position on Coinmarketcap.com. It was up by 2.89 per cent to $213.10. Its 24-hour trading volume was up 81 per cent to $41 billion.

Solana was up by 5.31 per cent to $23.02 over the last 24 hours. Its 24-hour trading volume was $298 million.

Avalanche was up by 3.96 per cent to $9.49, while its 24-hour trading volume was $90.79 million.

Ripple (XRP) was up by 1.51 per cent to $0.4945 in the last 24 hours, even as its trading volume surged 96 per cent.

Cardano ADA was up by 2 per cent to $0.2519 over the previous day. Its 24-hour trading volume was $114.57 million.

Meme Coins

Dogecoin (DOGE) was up by 1.08 per cent, with a 24-hour price of $0.06361.

Shiba Inu was up by 1.41 per cent to $0.000007592.

Decentralised Finance

Aave (AAVE) was trading with a gain of 1.93 per cent at $65.60

Yearn.Finance was up 1.24 per cent to $5,167.81 in the last 24 hours, while its 24-hour trading volume was $14.62 million.