Cryptocurrency
Cryptocurrency 
Cryptocurrency

Crypto Market Volatility Continues Even As Trading Volume Soars 84.37%

Outlook Money

The global cryptocurrency market continued to remain volatile on Tuesday as well, falling marginally by 1.06 per cent to $1.03 trillion, even as the total trading volume was up by a massive 84.37 per cent to $37.19 billion.

Loom Network LOOM was the most trending cryptocurrency, down by 6.13 per cent to

$0.04243. Its 24-hour trading volume was $40.16 million. Trust Wallet Token TWT was the top gainer, up by 8.39 per cent to $0.8169 in the last 24 hours. Its 24-hour trading volume was $71.40 million. Arbitrum ARB was the top loser, down by 7.75 per cent to $0.7747 in the last 24 hours. Its 24-hour trading volume was $314.55 million.

DeFi fell 6 per cent to $2.23 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was down by 0.28 per cent to $25,788.98. Its 24-hour trading volume was $17.71 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was at 48.95 per cent, up by 0.31 per cent over the last 24 hours.

Ethereum: Ethereum was down by 2.21 per cent to $1,579.87 from the previous day. Its 24-hour trading volume was $8.66 billion.

Tether: Tether was down by 0.01 per cent to $0.9996 in the last 24 hours. Tether’s 24-hour trading volume was $28.26 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was down by 1.97 per cent to $17.96. Its 24-hour trading volume was $396.31 million.

Avalanche was trading at $9.33, down by 1.68 per cent, while its 24-hour trading volume was $123.76 million.

Cardano ADA was down by 0.95 per cent to $0.2458 from the previous day. Its 24-hour trading volume was $144.97 million.

Meme Coins

Dogecoin (DOGE) was down by 0.24 per cent, with a 24-hour price of $0.06126.

Shiba Inu was down by 2.07 per cent to $0.000007202.

Decentralised Finance

DeFi coin was trading at $0.0006412, down by 0.19 per cent.

Yearn.Finance was down by 3.95 per cent to $5,163.98 over the last 24 hours, while its 24-hour trading volume was $25.77 million.