Cryptocurrency

Crypto Market Up Marginally On Back Of Gains By Major Coins, Trading Volume Dips

Bitcoin was up by 1.40 per cent, while Ethereum gained 2.10 per cent. Shiba Inu SHIB was the most trending cryptocurrency, while Hedera HBAR was the top gainer and Klaytn KLAY was the top loser

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The global cryptocurrency market was trading in the green on Thursday on the back of gains by major cryptocurrencies, including Bitcoin and Ethereum. The global crypto market cap was up by 1.40 per cent to $1.04 trillion in the last 24 hours, while the total trading volume was down by 6.06 per cent to $29.29 billion.

Shiba Inu SHIB was the most trending cryptocurrency, up by 1.07 per cent to $0.000007248. Its-24 hour trading volume was $82.17 million. Hedera HBAR was the top gainer, up by 9.48 per cent to $0.05153 in the last 24 hours. Its 24-hour trading volume was $93.97 million. Klaytn KLAY was the top loser, down by 6.41 per cent to $0.1154 in the last 24 hours. Its 24-hour trading volume was $12.69 million.

DeFi fell 6.68 per cent to $1.96 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was up by 1.40 per cent to $26,261.44. Its 24-hour trading volume was $14.09 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was at 49.05 per cent, up by 0.01 per cent over the last 24 hours.

Ethereum: Ethereum was up by 2.10 per cent to $1,617.48 from the previous day. Its 24-hour trading volume was $5.69 billion.

Tether: Tether was up by 0.02 per cent to $1 in the last 24 hours. Its 24-hour trading volume was $22.03 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was up by 5.04 per cent to $18.74. Its 24-hour trading volume was $450.06 million.

Avalanche was trading at $9.29, up by 1.78 per cent, while its 24-hour trading volume was $107.89 million.

Cardano ADA was up by 0.97 per cent to $0.2472 from the previous day. Its 24-hour trading volume was $109.64 million.

Meme Coins

Dogecoin (DOGE) was up by 0.90 per cent, with a 24-hour price of $0.06126.

Shiba Inu was up by 1.07 per cent to $0.000007248.

Decentralised Finance

DeFi coin was trading at $0.0006517, same as yesterday.

Yearn.Finance was up by 2.38 per cent to $5,306.67 over the last 24 hours, while its 24-hour trading volume was $19.97 million.