The global cryptocurrency market rose 0.21 per cent to $1.18 trillion in the last 24 hours to 11 am IST on Monday, while the trading volume increased by 12.09 per cent to $30.26 billion.
DeFi accounted for 11.41 per cent or $3.45 billion of the crypto market’s total trading volume in the last 24 hours, Coinmarketcap.com reported.
OG Fan Token OG was the most trending cryptocurrency, priced at $9.61, down 29.82 per cent over the last day. Stacks STX was the top gainer, with a 7.28 per cent increase to $0.8547. Its 24-hour trading volume was $138.6 million. Chiliz CHZ was the top loser, down 4.50 per cent to $0.129. Its 24-hour trading volume was $96.4 million.
Bitcoin: Bitcoin’s price increased by 0.93 per cent to $28,292.63. Its 24-hour trading volume was $12.67 billion. It is currently ranked number 1 on Coinmarketcap, the same as yesterday. Its market dominance was 46.17 per cent, down 0.16 per cent over the previous day.
Ethereum: Ethereum’s price was up by 0.50 per cent to $1,860.44. Its 24-hour trading volume was $6.61 billion.
Tether: Tether decreased by 0.02 per cent in the last 24 hours. It traded at $1.00, with a 24-hour trading volume of $20.73 billion. It was ranked third on Coinmarketcap.
Solana’s (SOL) price increased by 0.71 per cent to $20.28 in the last 24 hours.
Avalanche was trading at $17.59, up 0.52 per cent, while its 24-hour trading volume stood at $97 million.
Cardano (ADA) was up by 0.08 per cent. It is ranked seventh, with a 24-hour trading volume of $203 million.
Dogecoin (DOGE) was up 1.32 per cent, with a 24-hour trading volume of $475 million.
Shiba Inu was up by 0.40 per cent to $0.00001094.
Decentralised Finance (DeFi)
DeFi’s trading volume was $3.45 billion, or 11.41 per cent of the crypto market’s total trading volume in the last 24 hours.
Yearn.finance was up by 0.65 per cent to $8,635.83 in the last 24 hours, while its 24-hour market cap was $283 million.