The global crypto market was up 0.03 per cent to $1.16 trillion at 10 am IST on Monday in the last 24 hour hours, while the trading volume rose 16.06 per cent to $71.26 billion in the same period, coinmarketcap reported.
Stable coins accounted for 86.14 per cent or $61.38 billion of the total trading volume in the last 24 hours. Bitcoin continued its market dominance, up 0.51 per cent to 45.92 per cent over the previous day.
Bitcoin (BTC) was the most trending cryptocurrency. Conflux CFX was the top gainer, with a 5.73 per cent increase to $0.4268. Its 24-hour trading volume was $1.17 billion.
Mask Network MASK was the top loser, down 12.77 per cent to $5.62.Its 24-hour trading volume was $33,59,60,106.
Bitcoin: BTC’s price increased by 0.95 per cent to $27,480.14. Its 24-hour trading volume was $41,43,61,95,302. It is currently ranked number 1 on Coinmarketcap, based on market cap, same as yesterday. Its dominance was 45.92 per cent, an increase of 0.51 per cent over the previous day, at 10 am IST.
Ethereum: The price of Ethereum (ETH) was down 1.52 per cent to $1,757.29, with a trading volume of $10,22,22,69,215 in the last 24 hours.
Tether: Tether was up by 0.08 per cent in the last 24 hours. It traded at $1.00, with a trading volume of $49,10,47,99,321 in last 24 hours. It was ranked third on coinmarketcap.
Solana’s (SOL) price increased by 1.78 per cent to $22.22 in the last 24 hours.
Avalanche was trading at $17.27,down by 0.20 per cent, while its 24-hour trading volume stood at $20,80,09,167.
Cardano (ADA) was down by 0.63 per cent. It is ranked seventh, with a 24-hour trading volume of $30,01,60,254.
Dogecoin (DOGE) was down 1.61 per cent with a 24-hour trading volume of $38,40,88,001.
Shiba Inu was down by 2.16 per cent to $0.00001074 at 10 IST, however, it stepped into green in the last one hour with 0.24 per cent increase.
Decentralised Finance (DeFi)
DeFi was trading at $6.66 billion, 9.31 per cent of the total crypto market 24-hour volume.
Yearn.finance was down by 1.33 per cent to $8,633.77 in the last 24 hours, while its 24 hour trading volume was $4,93,50,395.