The global crypto market cap was at $1.17 trillion, a 5.61 per cent increase over the previous day, while the total crypto market volume over the last 24 hours was at $86.15 billion, an increase of 28.68 per cent.
The total volume in DeFi is currently at $7.25 billion, about 8.42 per cent of the total crypto market 24-hour volume, according to Coinmarketcap.com.
Bitcoin (BTC) was the most trending cryptocurrency at 11 am IST on Saturday morning with a price of $27,524.71, up 33.21 per cent over the last day. Mask Network MASK was the top gainer, with a 39.99 per cent increase to $6.00. Its 24-hour trading volume was $410.78 million.
Fei (USD FEI) was the top loser, down by 2.19 per cent to $0.9733.Its 24-hour trading volume was $782,931.
Bitcoin: The price of Bitcoin increased by 33.21 per cent to $27,524.71. Its 24-hour trading volume was $50.22 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap, same as yesterday.
Its dominance at 11 am IST was 45.21 per cent, an increase of 0.36 per cent over the previous day.
Ethereum: The price of Ethereum was up by 6.53 per cent to $1,817.92, with a trading volume of $12.93 billion in the last 24 hours.
Tether: Tether was down by 0.02 per cent in the last 24 hours. It stepped into the green in the last one hour, with an increase of 0.01 per cent. It traded at $1.00, same as yesterday with a 24-hour trading volume of $63.40 billion. It was ranked third on coinmarketcap.
Solana’s (SOL) price increased by 12.76 per cent to $22.60 in the last 24 hours.
Avalanche was trading at $17.85, up by 10.50 per cent, while its 24-hour trading volume stood at $291.95 million.
Cardano (ADA) was up by 6.79 per cent. It is ranked seventh, with a 24-hour trading volume of $449.70 million.
Dogecoin (DOGE) was up by 5.62 per cent with a 24-hour trading volume of $546.87 million.
Shiba Inu was up by 5.77 per cent to $0.00001128 at 11 IST.
Decentralised Finance (DeFi)
DeFi was trading at $7.29 billion with an increase of 8.43 per cent of the total crypto market 24-hour volume.
Yearn.finance was up 8.31 per cent to $9,078.89 in the last 24 hours, while its 24 hour trading volume was $68.57 million.