Crypto Market Continues Downhill Journey, Trading Volume Dips 10.25%

Bitcoin fell 0.74 per cent while Ethereum was down by 0.79 per cent. CyberConnect CYBER was the most trending cryptocurrency, while Toncoin TON was the top gainer and Stacks STX was the top loser
Cryptocurrency
Cryptocurrency

The global cryptocurrency market continued on its downhill journey well into the weekend. It fell marginally, by 0.63 per cent to $1.04 trillion on Saturday. The total trading volume was also down by 10.25 per cent to $34.15 billion.

CyberConnect CYBER was the most trending cryptocurrency for the third consecutive day, up by

55.00 per cent to $13.53. Its 24-hour trading volume was $936.15 million.

Toncoin TON was the top gainer, up by 12.06 per cent to $1.92 in the last 24 hours. Its 24-hour trading volume was $54.02 million.

Stacks STX was the top loser, down by 5.46 per cent to $0.464 in the last 24 hours. Its 24-hour trading volume was $30.01 million.

DeFi fell 5.83 per cent to $1.99 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was down by 0.74 per cent to $25,788.14. Its 24-hour trading volume was $17.80 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was at 48.29 per cent, down by 0.08 per cent over the last 24 hours.

Ethereum: Ethereum was down by 0.79 per cent to $1,631.10 from the previous day. Its 24-hour trading volume was $5.95 billion.

Tether: Tether was up by 0.02 per cent to $0.9997 in the last 24 hours. Tether’s 24-hour trading volume was $25.78 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was down by 1.43 per cent to $19.51. Its 24-hour trading volume was $274.44 million.

Avalanche was trading at $9.89, down by 1.09 per cent, while its 24-hour trading volume was $110.76 million.

Cardano ADA was down by 0.30 per cent to $0.2556 from the previous day. Its 24-hour trading volume was $156.06 million.

Meme Coins

Dogecoin (DOGE) was down by 0.16 per cent, with a 24-hour price of $0.06349.

Shiba Inu was down by 1.04 per cent to $0.00000788.

Decentralised Finance

DeFi coin was trading at $0.0006573, down by 6.25 per cent.

Yearn.Finance was up by 0.24 per cent to $5,502.75 over the last 24 hours, while its 24-hour trading volume was $27.59 million.

Related Stories

No stories found.
logo
Outlook Business & Money
business.outlookindia.com