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Crypto Price Update: Market Trades Flat As Bitcoin Gains 0.13%, Ethereum Dips 0.31%

Outlook Money

The global cryptocurrency market increased by 0.04 per cent to 1.21 trillion over the past 24 hours to Saturday morning, while the trading volume fell 21.71 per cent to $37.96 billion. Bitcoin (BTC) was the most trending crypto for the consecutive day on Saturday, up 0.13 per cent to $29,388.56 from the previous day. Its 24-hour trading volume was $16.65 billion.

Internet Computer ICP was the top gainer, up 9.49 per cent to $6.24. on the other hand, Frax Share (FXS) was the top loser, down 5.37 per cent to $7.90. Its 24-hour trading volume was $18.68 million. DeFi fell 11.51 per cent to $4.37 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin’s price increased by 0.13 per cent to $29,480.81. Its 24-hour trading volume was $29,388.56. It is ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance stood at 47.10 over the previous day.

Ethereum: Ethereum’s price decreased by 0.31 per cent to $1,898.29. Its 24-hour trading volume was $7.18 billion.

Tether: Tether fell by 0.05 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $26.19 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana’s (SOL) price rose by 4.80 per cent to $23.32 in the last 24 hours.

Avalanche traded at $17.58, down 0.52 per cent, while its 24-hour trading volume stood at $129 million.

Cardano (ADA) fell by 0.54 per cent. It is ranked seventh, with a 24-hour trading volume of $224 million.

Meme Coins

Dogecoin (DOGE) rose by 1.25 per cent, with a 24-hour price of $0.08098.

Shiba Inu increased by 1.04 per cent to $0.00001035.

Decentralised Finance

DeFi was trading at $0.04604, the same as yesterday.

Yearn.Finance was up by 0.31 per cent to $8,250.19 in the last 24 hours, while its 24-hour market cap was $272 million.