The global cryptocurrency market rose 0.78 per cent to $1.23 trillion, and the trading volume increased by 9.82 per cent or $45.32 billion in the last 24 hours to Thursday afternoon.
Bitcoin (BTC) was the most trending cryptocurrency, priced at $30,078.53, up 0.26 per cent. WOO Network (WOO) was the top gainer, up 9.31 per cent to $0.2447. Its 24-hour trading volume was $4.7 million. Conversely, Stacks (STX) was the top loser, down 6.41 per cent to $0.8723. Its 24-hour trading volume was $158 million.
DeFi accounted for 9.15 per cent or $4.15 billion of the crypto market’s 24-hour trading volume, Coinmarketcap.com reported
Cryptocurrency Prices
Bitcoin: Bitcoin’s price increased by 0.26 per cent to $30,078.53. Its 24-hour trading volume was $18.6 billion. It is ranked number 1 on Coinmarketcap based on the market cap. Its dominance at 1 pm IST stood at 47.24 per cent, an increase of 0.23 per cent over the previous day.
Ethereum: The price of Ethereum was up by 2.21 per cent to $1,915.05. Its 24-hour trading volume is around $11 billion.
Tether: Tether increased by 0.01 per cent in the last 24 hours. It traded at $1.00, with a 24-hour trading volume of about $30 billion. It was ranked third on Coinmarketcap.
Other Altcoins
Solana’s (SOL) price increased by 1.18 per cent to $24.18 in the last 24 hours.
Avalanche was trading at $18.44, up 1.97 per cent, while its 24-hour trading volume stood at $310 million.
Cardano (ADA) was up 2.55 per cent. It is ranked seventh, with a 24-hour trading volume of $372 million.
Meme Coins
Dogecoin (DOGE) was up 1.27 per cent with a 24-hour trading volume of $537 million.
Shiba Inu was up by 0.66 per cent to $0.00001093.
Decentralised Finance
DeFi’s trading volume was $4.15 billion, or 9.15 per cent of the crypto market’s 24-hour total volume.
Yearn.finance was up by 0.69 per cent to $9,044.23 in the last 24 hours, while its 24-hour market cap was $296 million.
