The crypto market on February 7, 2023 was trading in the green, with many altcoins trading in gains. Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Aave (AAVE) and Solana (SOL) were showing gains.
The crypto market cap rose about 0.86 per cent to $1.07 trillion, even as its trading volume was down by 1.26 per cent to $49.36 billion, according to data from Coinmarketcap.com at 11.00 am IST.
Today’s top gainer was SingularityNET (AGIX); it was up 41.05 per cent at $0.5925. The top loser was UNUS SED LEO (LEO), which was trading at $3.36 with a loss of 6.71 per cent in the last 24 hours on Tuesday morning.
Bitcoin: BTC gained 0.33 per cent to $22,918.24. BTC’s trade on February 7, 2023 was highly volatile with its price trading in a narrow and confined range between $22,978 and $22,905. Around 9.20 pm IST on February 6, 2023, BTC experienced a sudden surge in price that lasted for half an hour. Since then, prices remained in the green till 4.35 am on February 7, 2023.
The lowest price for BTC was $22,692.03. BTC’s trading volume was up by 20.84 per cent at $24,329,888,222.
Ethereum: ETH’s price gained 1.16 per cent to $1,634.88 in the last 24 hours to Tuesday morning.
ETH was also experiencing a volatile trade similar to BTC. Around 9 pm on February 6, 2023, prices rose rapidly. ETH’s price surged from $1,625 to $1,652 within 35 minutes. Its trading volume levels surged from $7.08 billion to $7.35 billion.
The lowest price for ETH was $1,611.32. ETH’s trading volume was up by 2.20 per cent at $6,830,782,991.
Other Altcoins: Solana’s (SOL) price was up by 0.19 per cent at $23.11 today.
Ripple (XRP) was down by 0.52 per cent at $0.3962 and its 24-hour trading volume was $947,807,478.
Cardano (ADA) was down by 1.08 per cent to $0.3866. Cardano’s 24-hour trading volume was down by 19 per cent to $299,199,126.
Binance (BNB) was up by 1.63 per cent to $328.01. Its 24-hour trading volume was down by 26.41 per cent to $490,065,061.
Dogecoin fell 0.39 per cent to $0.09094. Its 24-hour trading volume was down 33.02 per cent to $462,229,805.
Shiba Inu was down by 1.62 per cent to $0.00001418.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) was up by 1.41 per cent to $7,620.96. Its 24-hour trading volume was down by 6.98 per cent to $25,833,415.
Avalanche (AVAX) was up by 1.26 per cent at $20.05 and its 24-hour trading volume was down by 28.84 per cent to $237,608,201.
Aave (AAVE) was trading with a gain of 2.31 per cent at $86.74 and its 24-hour trading volume was at $58,562,236.