The global cryptocurrency market traded flat, up 0.08 per cent to $1.18 trillion, in the past 24 hours to Wednesday afternoon, while the trading volume was $35.95 billion, down 2.54 per cent.
Pepe (PEPE) was the most trending cryptocurrency for the third straight day, down 1.24 per cent to $0.000001537. Its 24-hour trading volume was around $204 million.
Stellar (XLM) was the top gainer, up 11.61 per cent in the past 24 hours. It was priced at $0.1044 with a 24-hour trading volume of about $192 million.
Conversely, Frax Share FXS was the top loser cryptocurrency, down 5.88 per cent to $5.57. Its 24-hour trading volume was around $19 million.
DeFi fell 5.94 per cent to $2.14 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin’s price increased by 0.59 per cent to $30,445.63. Its 24-hour trading volume was $16.7 billion. It is currently ranked number 1 on Coinmarketcap, based on market value.
Bitcoin’s market dominance stood at 50.18 per cent, up 0.21 per cent over the last 24 hours.
Ethereum: Ethereum’s price rose by 0.03 per cent to $1,866.79 over the previous day. Its 24-hour trading volume was $8 billion.
Tether: Tether increased by 0.01 per cent to $1.00 in the last 24 hours. Tether’s 24-hour trading volume was more than $23.9 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana’s (SOL) price decreased by 1.63 per cent to $16.21 in the last 24 hours. Its 24-hour trading volume was $294 million.
Avalanche traded at $12.97, down 2.00 per cent, while its 24-hour trading volume stood at $115 million.
Cardano ADA decreased by 0.19 per cent to $0.2794 over the previous day. Its 24-hour trading volume was $206 million.
Meme Coins
Dogecoin (DOGE) increased by 0.78 per cent, with a 24-hour price of $0.06532.
Shiba Inu was down by 1.39 per cent to $0.000007444.
Decentralised Finance
DeFi coin was trading at $0.006062, down by 0.42 per cent over the previous day.
Yearn.Finance was down by 0.95 per cent to $6,337.82, while its 24-hour trading volume was $12.8 million.