Crypto Market Rises Marginally Even As Trading Volume Gains; Bitcoin, Ethereum Up

Bitcoin was up by 0.46 per cent, while Ethereum was up by 1.15 per cent. Notcoin NOT was the most trending as well as top loser cryptocurrency, while Brett Based (BRETT) was the top gainer.

The global crypto market increases marginally on Monday. The total market cap was down by 0.26 per cent to $2.42 trillion, even as the total trading volume was up by 5.20 per cent to $47.08 billion. Notcoin was the most trending as well as top loser cryptocurrency. It was down by 8.19 per cent to $0.01821. Its 24-hour trading volume was $720.57 million. Brett (Based) BRETT was the top gainer. It was up by 12.15 per cent. Its 24-hour trading volume was 82.01 million.

DeFi was down by 0.60 per cent to $4.10 billion, Coinmarketcap.com reported.

Mr. Sathvik Vishwanath, Co-Founder & CEO, Unocoin said that "In early July, the Biden administration will convene a roundtable on bitcoin policy, signaling a potential shift in U.S. cryptocurrency regulation. Silicon Valley Democratic Rep. Ro Khanna will host a meeting that will feature billionaire Mark Cuban and other lawmakers. The goal is to encourage bitcoin and blockchain innovation in the U.S. amid ongoing regulatory debate. Cuban claims that Biden's crypto stance could influence the 2024 election. Meanwhile, Trump has promised to end Biden's crypto policies and promote Bitcoin mining. Bitcoin is currently trading around $66,400 with a bearish outlook influenced by key resistance levels."

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 0.46 per cent to $66,266.55. Its 24-hour trading volume was $15.78 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 54.0 per cent.

Ethereum: Ethereum ETH was up by 1.15 per cent to $3,582.19 from the previous day. Its 24-hour trading volume was $11.38 billion. Ethereum’s market dominance was 17.8 per cent.

Tether: Tether USDT was trading at $0.9993. It was down by 0.05 per cent. Its 24-hour trading volume was $36.25 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 2.66 per cent to $147.27. Its 24-hour trading volume was $1.38 billion.

Avalanche AVAX was trading at $29.40, down by 1.61 per cent. Its 24-hour trading volume was $202.13 million.

Cardano ADA was up by 0.33 per cent to $0.4121 from the previous day. Its 24-hour trading volume was $188.79 million.

Meme Coins

Dogecoin DOGE was down by 0.35 per cent, with a 24-hour price of $0.1347.

Shiba Inu SHIB was down by 0.61 per cent to $0.00002041.

Decentralised Finance

DeFi coin was trading at $0.05112 , down by 2.37 per cent.

Yearn.Finance YFI was down by 1.89 per cent to $6,132.14 in the last 24 hours. Its 24-hour trading volume was $11.41 million.

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