Markets
Crypto market gains marginally, trading volume increases 45.18 percent
Crypto market gains marginally
The global crypto market rose marginally on Monday. Total market capitalization increased by 0.46% to $2.55 trillion, while total trading volume increased by 45.16% to $65.89 billion. Notcoin NOT was the most popular cryptocurrency. It rose 6.06 percent to $0.02088. Its 24-hour trading volume was $4.63 billion, while Gala GALA was the highest-gaining cryptocurrency. It increased by 6.59 percent. Its 24-hour trading volume was $298.32 million. Synthenix SNX was the biggest loser. The drop was 7.11%. Its 24-hour trading volume was $50.37 million.
DeFi fell 0.99% to $7.31 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, co-founder and CEO of Unocoin, said: “Bitcoin exchange balances fell below 2.3 million BTC, the lowest since March 2018, due to large outflows from Binance and Coinbase, indicating long-term participation by large investors. Bitcoin is priced at $67,731 with a bearish outlook if it remains below the $68,000 pivot point. Resistance levels are at $69,000, $70,600 and $71,000, while support levels are at $66,650, $65,950 and $65,150. A break above $68,000 could signal an uptrend;
Cryptocurrency prices
Bitcoin: Bitcoin BTC rose 1.29 percent to $68,605.82. Its 24-hour trading volume was $20.66 billion. It is currently ranked #1 on Coinmarketcap based on market cap. Bitcoin’s market dominance was 52.5%.
Ethereum: Ethereum ETH rose 0.23 percent to $3,812.56 from the previous day. Its 24-hour trading volume was $11.28 billion. Ethereum’s market dominance was 18.1%.
Lashing: Tether USDT was trading at $0.9994. It increased by 0.01 percent. Its 24-hour trading volume was $53.47 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL rose 0.77% to $164.71. Its 24-hour trading volume was $1.75 billion.
Avalanche AVAX was trading at $35.39, down 1.64%. Its 24-hour trading volume was $279.28 million.
Cardano ADA rose 0.38% to $0.4508 from the previous day. Its 24-hour trading volume was $277.50 million.
Meme Coins
Dogecoin DOGE rose 0.83 percent with a 24-hour price of $0.1607.
Shiba Inu SHIB fell 0.51 percent to $0.00002481.
Decentralized Finance
The DeFi coin was trading at $0.04604, the same as yesterday.
Yearn.Finance YFI fell 0.63 percent to $6,945.77 in the last 24 hours. Its 24-hour trading volume was $18.02 million.