Crypto Market Continues Rally, Trading Volume Dips Marginally
The global cryptocurrency market continued to trade in the green well into the weekend. The total market cap was up by 0.34 per cent to $1.06 trillion on Saturday, even as the total trading volume was down by 0.92 per cent to $26.48 billion.
Bitcoin BTC was the most trending cryptocurrency for the second consecutive day, down by 0.27 per cent to $26,497.47. Its 24-hour trading volume was $11.59 billion. Toncoin TON was the top gainer, up by 11.47 per cent to $2.14 in the last 24 hours. Its 24-hour trading volume was $65.24 million. IOTA MIOTA was the top loser, down by 4.28 per cent to $0.1587 in the last 24 hours. Its 24-hour trading volume was $17.09 million.
DeFi fell 8.91 per cent to $2.36 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin was down by 0.27 per cent to $26,497.47. Its 24-hour trading volume was $11.59 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 48.82 per cent, down by 0.29 per cent over the last 24 hours.
Ethereum: Ethereum was up by 0.48 per cent to $1,636.13 from the previous day. Its 24-hour trading volume was $4.36 billion.
Tether: Tether was up by 0.01 per cent to $1 in the last 24 hours. Its 24-hour trading volume was $19.90 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana (SOL) was up by 0.24 per cent to $19.11. Its 24-hour trading volume was $208.91 million.
Avalanche was trading at $9.51, down by 1.74 per cent, while its 24-hour trading volume was $93.44 million.
Cardano ADA was down by 0.34 per cent to $0.2507 from the previous day. Its 24-hour trading volume was $128.74 million.
Meme Coins
Dogecoin (DOGE) was up by 0.54 per cent, with a 24-hour price of $0.06225.
Shiba Inu was up by 1.24 per cent to $0.000007476.
Decentralised Finance
DeFi coin was trading at $0.000646, same as yesterday.
Yearn.Finance was up by 2.24 per cent to $5,540.53 over the last 24 hours, while its 24-hour trading volume was $20 million.
