Crypto Market Remains Volatile, Trading Volume Up By 1.96%

Bitcoin was down by 2.77 per cent, while Ethereum was down by 3.93 per cent. Celestia TIA was the most trending cryptocurrency, while dYdX (ethDYDX) ETHDYDX was the top gainer and Immutable IMX was the top loser
Global Crypto Market
Global Crypto Market

The volatility in the global crypto market continued on Wednesday. The total market cap was down by 2.41 per cent to $1.36 trillion, even as the total trading volume was up by 1.96 per cent to $64.45 billion.

Celestia TIA was the most trending cryptocurrency, down by 19.96 per cent to $5.96. Its 24-hour trading volume was $867.22 million. dYdX (ethDYDX) ETHDYDX was the top gainer, up by 29.26 per cent to $3.82 in the last 24 hours. Its 24-hour trading volume was $735.30 million. Immutable IMX was the top loser, down by 8.69 to $1.09. Its 24-hour trading volume was $142.57 million.

DeFi fell 10.56 per cent to $6.8 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was down by 2.77 per cent to $35,423.45. Its 24-hour trading volume was $23.10 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 50.81 per cent, down by 0.27 per cent over the last 24 hours.

Ethereum: Ethereum was down by 3.93 per cent to $1,972.75 from the previous day. Its 24-hour trading volume was $12.55 billion.

Tether: Tether was down by 0.01 per cent to $1 in the last 24 hours. Its 24-hour trading volume was $47.32 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was up by 4.80 per cent to $56.64. Its 24-hour trading volume was $3.01 billion.

Avalanche was trading at $17.62, up by 5.07 per cent. Its 24-hour trading volume was $828.76 million.

Cardano ADA was down by 0.73 per cent to $0.3563 from the previous day. Its 24-hour trading volume was $414.01 million.

Meme Coins

Dogecoin (DOGE) was down by 2.85 per cent, with a 24-hour price of $0.0727.

Shiba Inu was down by 2.45 per cent to $0.000008348.

Decentralised Finance

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

Yearn.Finance was up by 2.91 per cent to $10,506.12 over the last 24 hours, while its 24-hour trading volume was $166.38 million

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