Markets
Crypto market declines marginally, trading volume drops 6.78%, Bitcoin and Ethereum fall
Crypto market declines marginally
The global crypto market fell marginally on Friday. Total market capitalization fell 0.10% to $2.63 trillion, while total trading volume fell 6.78% to $75.29 billion. Notcoin NOT was the most popular cryptocurrency. It fell 6.82 percent to $0.02111. Its 24-hour trading volume was $1.22 billion. Warmhole W was the biggest gainer. The increase was 13.05 percent. Its 24-hour trading volume was $213.59 million. Bitget Token BGB was the biggest loser. The drop was 6.83%. Its 24-hour trading volume was $148.79 million.
DeFi rose 0.31% to $5.20 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, co-founder and CEO of Unocoin said: “Bitcoin, which is currently trading at $70,900 and is down 1 percent, has a pivot point at $70,600, indicating possible bullish momentum. Key resistance levels are $71,800, $72,500 and $73,100, with support at $70,600, $69,650 and $68,500, falling high at $70,600, 50-day EMA at $69,000 and RSI 66 indicate strong interest However, the double top pattern near $71,800 poses a challenge. Holding above $70,600 could target $71,800 and $72,500, while a break below $70,600 could indicate a downtrend. .”
Cryptocurrency prices
Bitcoin: Bitcoin BTC fell 0.27 percent to $71,241.66. Its 24-hour trading volume was $25.37 billion. It is currently ranked #1 on Coinmarketcap based on market cap. Bitcoin’s market dominance was 53.2%.
Ethereum: Ethereum ETH fell 1.19 percent to $3,814.28 from the previous day. Its 24-hour trading volume was $13.37 billion. Ethereum’s market dominance was 17.4%.
Lashing: Tether USDT was trading at $0.9997. The drop was 0.04%. Its 24-hour trading volume was $58.44 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL fell 1.14 percent to $171.61. Its 24-hour trading volume was $2.05 billion.
Avalanche AVAX was trading at $35.87, down 1.19%. Its 24-hour trading volume was $295.55 million.
Cardano ADA rose 0.09% to $0.46 from the previous day. Its 24-hour trading volume was $284.12 million.
Meme Coins
Dogecoin DOGE is down 0.57 percent with a 24-hour price of $0.1615.
Shiba Inu SHIB fell 2.15 percent to $0.00002524.
Decentralized Finance
The DeFi coin was trading at $0.07743, up 27.07%.
Yearn.Finance YFI fell 1.60 percent to $6,996.79 in the last 24 hours. Its 24-hour trading volume was $18.18 million.