The global cryptocurrency market rose 6.04 per cent to $1.14 trillion in the past 24 hours to Wednesday morning, while the trading volume increased by 62.00 per cent to $45.96 billion.
Pepe (PEPE) was the most trending cryptocurrency, up by 16.98 per cent to $0.000000109 from the previous day. The 24-hour trading volume was around $190 million.
Bitcoin Cash (BCH) was the top gainer with an increase of 25.96 per cent to $133.74 over the previous day. Its 24-hour trading volume was more than $194 million. Conversely, Tether Gold XAUT was the top loser, down 0.60 per cent to $1,935.49. The volume was about $7 million.
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DeFi fell 6.12 per cent to $2.76 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin’s price increased by 7.77 per cent to $28,866.99. Its 24-hour trading volume was $25,646,072,277. It is ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance stood at 49.32 per cent, up 0.88 per cent over the last 24 hours.
Ethereum: Ethereum’s price increased by 5.21 per cent to $1,817.10 over the previous day. Its 24-hour trading volume was around $8.6 billion.
Tether: Tether increased by 0.01 per cent to $0.9999 in the last 24 hours. Tether’s 24-hour trading volume was $32.2.billion. It is ranked third on Coinmarketcap.
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Other Altcoins
Solana’s (SOL) price rose by 5.44 per cent to $16.84 in the last 24 hours. Its 24-hour trading volume was $306,445,232.
Avalanche traded at $12.32, up 7.68 per cent, while the trading volume was $138 million.
Cardano ADA increased by 7.98 per cent to $0.2798 over the previous day. Its 24-hour trading volume was over $270 million.
Meme Coins
Dogecoin (DOGE) increased by 3.27 per cent, with a 24-hour price of $0.06414.
Shiba Inu was down by 3.58 per cent to $0.000007437.
Decentralised Finance
DeFi coin was trading at $0.00881, the same as yesterday.
Yearn.Finance was up by 7.26 per cent to $6,099.85 in the last 24 hours, while its 24-hour trading volume was $18 million