Crypto Price Update: Bitcoin Down 1.01%, Ethereum Down 0.70%

The global cryptocurrency market fell by 1 per cent to $1.2 trillion over the past 24 hours on Thursday afternoon, while the total trading volume increased by 20.68 per cent to $37.07 billion.

Arkham (ARKM) was the most trending cryptocurrency for the third consecutive day, down by 7.18 per cent to $0.5834. Its 24-hour trading volume was $36.82 million.

Chainlink LINK was the top gainer, up by 15.36 per cent to $8.11, with a 24-hour trading volume of $1.55 billion.

Rocket Pool RPL was the top loser, down by 7.20 per cent to $30.18. Its 24-hour trading volume was $10.48 million.

DeFi fell 11.75 per cent to $4.35 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin fell by 1.01 per cent to $29,831.99. Its 24-hour trading volume was $14.93 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap.

Bitcoin’s market dominance was at 48.27 per cent, down 0.05 per cent over the last 24 hours.

Ethereum: Ethereum fell by 0.70 per cent to $1,892.78 from the previous day. Its 24-hour trading volume was $7.22 billion.

Tether: Tether was up by 0.01 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $26 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) fell 5.62 per cent to $25.31. Its 24-hour trading volume was $591.65 million.

Avalanche was trading at $13.93, down by 1.86 per cent, while its 24-hour trading volume was at $148.91 million.

Cardano ADA fell 3.95 per cent to $0.3152 from the previous day. Its 24-hour trading volume was $293.62 million.

Meme Coins

Dogecoin (DOGE) was up by 2.21 per cent, with a 24-hour price of $0.07226.

Shiba Inu was up by 0.02 per cent to $0.000007782.

Decentralised Finance

DeFi coin was trading at $0.002193, same as of yesterday.

Yearn.Finance was down by 1.07 per cent to $6,869.57 over the last 24 hours, while its 24-hour trading volume was $18.75 million.