The global cryptocurrency market cap increased by 1.66 per cent to $1.20 trillion over the past 24 hours and the trading volume increased by 20.05 per cent to $42.32 billion on Thursday morning.
Arbitrum ARB was the most trending crypto on Thursday morning, up 0.56 per cent to $1.34 from the previous day. Its 24-hour trading volume was $346.74 million.
WOO Network was the top gainer, up by 11.09 per cent to $0.2888. Sui was the top loser, down 69.30 per cent to $1.39. Its 24-hour trading volume was $1.68 billion. DeFi fell 8.19 per cent to $3.47 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin’s price increased by 1.88 per cent to $29,051.37. Its 24-hour trading volume was $19.19 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap.
Bitcoin’s market dominance stood at 47.05, an increase of 0.15 per cent over the previous day.
Ethereum: Ethereum’s price increased by 2.03 per cent to $1,901.63. Its 24-hour trading volume was $8.50 billion.
Tether: Tether decreased by 0.02 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $29.82 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana’s (SOL) price increased by 1.45 per cent to $22.18 in the last 24 hours.
Avalanche traded at $17.18, up 2.72 per cent, while its 24-hour trading volume stood at $159.99 million.
Cardano (ADA) rose by 1.10 per cent to $0.3912. It is ranked seventh, with a 24-hour trading volume of $255.57 million.
Meme Coins
Dogecoin (DOGE) rose by 1.23 per cent to $0.07934 over 24 hours.
Shiba Inu increased by 0.69 per cent to $0.00001004.
Decentralised Finance
DeFi Coin was trading at $0.02181, down by 1.70 per cent.
Yearn.Finance was up by 1.53 per cent to $8,062.62 in the last 24 hours, while its 24 hour market cap was $265.77 million