The global crypto market cap was at $1.22 trillion at 12 noon IST on Wednesday, down by 1.23 per cent over the previous day, while the total crypto market volume over the last 24 hours was at $41.66 billion, down by 11.57 per cent.
DeFi was trading at $3.99 billion, 9.57 per cent of the total crypto market 24-hour volume, coinmarketcap reported.
Bitcoin was the most trending cryptocurrency on Wednesday noon with a price of $29,970.04, down by 0.37 per cent over the previous day. Solana was the top gainer, up by 2.95 per cent to $22.91. Its 24-hour trading volume was $1.10 billion.
Conflux CFX was the top loser, down by 10.62 per cent to $0.387. Its 24-hour trading volume was $325.84 million.
Cryptocurrency Prices
Bitcoin: The price of Bitcoin decreased by 0.37 per cent to $29,970.04. Its 24-hour trading volume was $17.33 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap, same as yesterday.
Its dominance at 12 noon IST was 47.47 per cent, an increase of 0.47 per cent over the previous day.
Ethereum: The price of Ethereum was down by 2.62 per cent to $1,870.86. Its 24 hour trading volume was $8.67 billion.
Tether: The price of Tether increased by 0.01 per cent in the last 24 hours. It was trading at $1, with a 24-hour trading volume of $28.26 billion. It was ranked third on coinmarketcap.
Other Altcoins
Solana’s (SOL) price increased by 2.95 per cent to $22.91 in the last 24 hours.
Avalanche was trading at $17.88, down by 2.09 per cent, while its 24-hour trading volume stood at $172.92 million.
Cardano (ADA) was down by 2.60 per cent. It was ranked seventh, with a 24-hour trading volume of $430.11 million.
Meme Coins
Dogecoin (DOGE) was down by 3.58 per cent with a 24-hour trading volume of $546.22 million.
Shiba Inu was down by 2.67 per cent to $0.00001085.
Decentralised Finance (DeFi)
DeFi was trading at $3.99 billion, 9.57 per cent of the total crypto market 24-hour volume.
Yearn.finance was up by 2.91 per cent to $9,045.22 in the last 24 hours, while its 24 hour market cap was $296.51 million.
