Crypto Market Volatility Continues Even As Trading Volume Soars 84.37%

Bitcoin falls 0.28 per cent, Ethereum loses 2.21 per cent. Loom Network LOOM was the most trending cryptocurrency, while Trust Wallet Token TWT was the top gainer and Arbitrum ARB was the top loser
Cryptocurrency
Cryptocurrency

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.

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