Markets
Crypto market drops marginally, trading volume increases; Bitcoin, Ethereum down
Crypto Market Falls Marginally
The global crypto market fell marginally on Monday. Total market capitalization fell 0.26% to $2.43 trillion, while total trading volume increased 12.73% to $56.65 billion. Notcoin NOT was the most popular cryptocurrency. It fell 12.13% to $0.01955. Its 24-hour trading volume was $190.12 million. Pendle PENDLE was the biggest gainer. It increased by 5.01 percent. Its 24-hour trading volume was $100.14 million. Pyth Network PYTH was the biggest loser. The drop was 11.64 percent. Its 24-hour trading volume was $281.13 million.
DeFi fell 1.35% to $5.47 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, co-founder and CEO of Unocoin said: “Bitcoin is currently priced at $67,330.50, an increase of 0.15% in the last day, with a trading volume of $16.3 billion and a capitalization of $1.33 trillion market.Technically, it remains above the $66,680 pivot point, signaling bullish momentum. are $64,662, $63,299 and $61,517, suggesting room for further upside, with the 50-day EMA at $64,739, reinforcing the uptrend. Doji candles indicate neutral sentiment, but if Bitcoin holds. above US$66,680, the trend is positive.
Cryptocurrency prices
Bitcoin: Bitcoin BTC fell 0.04 percent to $67,112.91. Its 24-hour trading volume was $21.75 billion. It is currently ranked #1 on Coinmarketcap based on market cap. Bitcoin’s market dominance was 52.7%.
Ethereum: Ethereum ETH rose 0.16 percent to $3,127.08 from the previous day. Its 24-hour trading volume was $10.38 billion. Ethereum’s market dominance was 15.3%.
To tie: Tether USDT was trading at $0.9999. The drop was 0.01%. Its 24-hour trading volume was $43.21 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL rose 1.51 percent to $177.30. Its 24-hour trading volume was $2.76 billion.
Avalanche AVAX was trading at $36.42, up 7.50%. Its 24-hour trading volume was $338.69 million.
Cardano ADA fell 0.72% to $0.4771 from the previous day. Its 24-hour trading volume was $840.80 million.
Meme Coins
Dogecoin DOGE is down 1.73 percent with a 24-hour price of $0.1526.
Shiba Inu SHIB fell 2.38 percent to $0.00002428.
Decentralized Finance
The DeFi coin was trading at $0.04604, the same as yesterday.
Yearn.Finance YFI fell 1.05 percent to $6,932.32 in the last 24 hours. Its 24-hour trading volume was $14.39 million.