Markets

Cryptocurrency market gains marginally, trading volume drops by 2.12%; Bitcoin, Ethereum on the rise

Published

8 months ago

on

The cryptocurrency market gains marginally

The global cryptocurrency market increased marginally on Wednesday. Total market capitalization increased 1.12% to $2.58 trillion, while total trading volume fell 2.02% to $88.81 billion. Ethena ENA was the most trending cryptocurrency. It rose 2.49% to $0.9004. Its 24-hour trading volume was $238.82 million. Notcoin NOT was the biggest winner. It increased by 25.18%. Its 24-hour trading volume was $1.23 billion. Pendle PENDLE was the major loser. It was down 6.55%. Its 24-hour trading volume was $146.50 million.

DeFi fell 0.99% to $7.31 billion, Coinmarketcap.com reported.

Read also: Bitcoin exchange-traded products accumulate over 1 million BTC

Sathvik Vishwanath, co-founder and CEO of Unocoin, said: “According to QCP Capital, Bitcoin’s recent 2% decline, triggered by Mt.Gox coin movements, is seen as a minor setback in a trend otherwise bullish. Key drivers for optimism include strong US stock performance, political support and Ether Bitcoin’s next critical pivot point is $68,383, with resistance at $69,566 and support at $68,127 RSI at 49.37 indicates neutral market sentiment that Bitcoin could reach $150,000 by the end of the year, with traders predicting a rise above $70,000 patience and breaking through key levels are required to achieve further profits.

Cryptocurrency prices

Bitcoin: Bitcoin BTC rose 0.84% ​​to $68,567.87. Its 24-hour trading volume was $29.05 billion. It is currently ranked first on Coinmarketcap, based on market capitalization. Bitcoin’s market dominance was 52.5%.

Ethereum: Ethereum ETH rose 0.19% to $3,833.85 from the previous day. Its 24-hour trading volume was $18.71 billion. Ethereum’s market dominance was 18.1%.

Bind: Tether USDT was trading at $0.9991. It was down 0.06%. Its 24-hour trading volume was $69.06 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL rose 3.23% to $171.61. Its 24-hour trading volume was $3.05 billion.

Avalanche AVAX traded at $37.14, down 1.00%. Its 24-hour trading volume was $411.14 million.

Cardano ADA rose 1.37% to $0.4626 from the previous day. Its 24-hour trading volume was $332.16 million.

Meme coins

Dogecoin DOGE rose by 2.50%, with a 24-hour price of $0.169.

Shiba Inu SHIB rose 15.54% to $0.00002877.

Decentralized finance

The DeFi coin was trading at $0.04604, the same as yesterday.

Yearn.Finance YFI rose 0.43% to $7,237.36 in the past 24 hours. Its 24-hour trading volume was $13.45 million.

Fuente

Related Topics:

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

Trending

Exit mobile version