The crypto market traded in losses on Wednesday evening. Many cryptocurrencies, including Bitcoin (BTC), Binance (BNB), and Ethereum (ETH) were trading in losses. Threshold (T) was the most trending crypto today.
The broader crypto market was down by 2.31 per cent to $1.03 trillion, according to data on Coinmarketcap.com at 6:26 PM IST. The overall trading volume had a fall of 0.82 per cent to $56.31 billion.
Aptos (APT) was the top gainer of the day with an increase of 23.74 per cent, while Threshold (T) was the top loser with a total drop of 16.78 per cent in price.
Bitcoin: BTC dropped by 1.24 percent to $22,693.16. BTC’s trading volume was down by 2.51 per cent to $26.9 billion. BTC was trading mostly in red today. BTC was swinging between 22,908 and $22,695 over the last 24 hours. BTC’s dominance is currently 42.5 per cent.
Ethereum: ETH was mostly trading in red today. It was down by 4.18 per cent to $1,559.92. It was fluctuating between $1,620 and $1,559. Its trading volume level was up by 11.99 per cent. ETH’s trading volume was $9.43 billion.
SOL’s price was down by 0.97 per cent to $24.41.
Ripple (XRP) dropped by 3.42 per cent to $0.4085 and its 24-hour trading volume was down by 23.56 per cent to $1.17 billion.
Cardano (ADA) was down by 4.36 per cent to $0.3602. Cardano’s 24-hour trading volume was up by 5.51 per cent to $400.4 million.
Dogecoin (DOGE) was down by 4.46 per cent to $0.08487. Its 24-hour trading volume was down by 7.93 per cent to $534.1 million.
Shiba Inu (SHIB) was down by 5.00 per cent to $0.0000114.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) was down by 5.03 per cent to $7,429.49. Its 24-hour trading volume fell by 21.67 per cent to $49.58 million.
Aave (AAVE) dropped by 3.32 per cent to $17.64, and its 24-hour trading volume fell by 16.92 per cent to $405.6 million.
Avalanche (AVAX) fell by 5.03 per cent to $81.82. Its 24-hour trading volume was down up 2.45 per cent to $106.6 million.