News

Crypto Price Update: Crypto Market Continues Downhill Journey, Trading Volume Plunges 25.92%

Pepe PEPE was the most trending cryptocurrency, while THORChain RUNE was the top gainer and GMX GMX was the top loser

Crypto Price Update: Crypto Market Continues Downhill Journey, Trading Volume Plunges 25.92%
info_icon

The global cryptocurrency market continued to trade in the loss on Friday for the third consecutive day, down by 0.35 per cent to $1.17 trillion from the previous day’s session. The total trading volume plunged 25.92 per cent to $25.7 billion.

Pepe PEPE was the most trending cryptocurrency for the third conservative day, up by 1.67 per cent to $0.000001254. Its 24-hour trading volume was $76.61 million.

THORChain RUNE was the top gainer, up by 4.33 per cent to $1.08, with a 24-hour trading volume of $50.81 million.

GMX GMX was the top loser, down by 8.97 per cent to $44.91 in the last 24 hours. Its 24-hour trading volume was $39.06 million.

DeFi fell 8.77 per cent to $2.25 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was down by 0.52 per cent to $29,404.06. Its 24-hour trading volume was $11.53 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was at 48.76 per cent, down by 0.07 per cent over the last 24 hours.

Ethereum: Ethereum was down by 0.33 per cent to $1,846.95 from the previous day. Its 24- hour trading volume was $3.75 billion.

Tether: Tether was down by 0.08 per cent to $0.9984 in the last 24 hours. Tether’s 24-hour trading volume was $18.22 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was up 1.32 per cent to $24.64. Its 24-hour trading volume was $348.31 million.

Avalanche was trading at $12.48, down by 0.48 per cent, while its 24-hour trading volume was
$88.68 million.

Cardano ADA was down by 0.56 per cent to $0.2965 from the previous day. Its 24-hour trading volume was $180.67 million.

Meme Coins

Dogecoin (DOGE) was down by 0.11 per cent, with a 24-hour price of $0.07558.

Shiba Inu was up by 1.17 per cent to $0.000009983.

Decentralised Finance

DeFi coin was trading at $0.001441, up by 8.58 per cent.

Yearn.Finance was up by 0.38 per cent to $6,361.87 over the last 24 hours, while its 24-hour trading volume was $21.39 million.