The global crypto market cap gained momentum on Wednesday morning, rising by 4.05 per cent to $1.09 trillion after a tepid trading session on Tuesday. The total trading volume was also up by a massive 127.77 per cent to $55.12 billion.
Pepe PEPE was the most trending cryptocurrency for the second consecutive day, up by 2.96 per cent to $0.000008779. Its 24-hour trading volume was $135.09 million.
Stacks STX was the top gainer, up by 18.71 per cent to $0.5385 in the last 24 hours. Its 24-hour trading volume was $170.96 million.
Astar ASTR was the top loser, down by 2.20 per cent to $0.05914 in the last 24 hours. Its 24-hour trading volume was $16.18 million.
DeFi fell 5.22 per cent to $2.88 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin was up by 5.18 per cent to $27,424.39. Its 24-hour trading volume was $30.95 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was at 48.85 per cent, up by 0.56 per cent over the last 24 hours.
Ethereum: Ethereum was up by 4.02 per cent to $1,718.87 from the previous day. Its 24-hour trading volume was $11.51 billion.
Tether: Tether was down by 0.07 per cent to $0.9999 in the last 24 hours. Tether’s 24-hour trading volume was $40.97 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana (SOL) was up by 5.55 per cent to $21.65. Its 24-hour trading volume was $487.88 million.
Avalanche was trading at $10.64, up by 1.46 per cent, while its 24-hour trading volume was $177.13 million.
Cardano ADA was up by 0.58 per cent to $0.2664 from the previous day. Its 24-hour trading volume was $349.22 million.
Meme Coins
Dogecoin (DOGE) was up by 3.63 per cent, with a 24-hour price of $0.06557.
Shiba Inu was up by 1.19 per cent to $0.00000827.
Decentralised Finance
DeFi coin was trading at $0.0006981, down by 0.63 per cent.
Yearn.Finance was up by 1.75 per cent to $5,712.29 over the last 24 hours, while its 24-hour trading volume was $29.89 million.