The global cryptocurrency market has witnessed volatile trading over the past week in the backdrop of two new crypto bills introduced in the US Senate to closely regulate the space, particularly the non-fungible tokens (NFTs).
On Monday afternoon, the market rose 0.03 per cent to $1.17 trillion, with a trading volume of $23.33 billion, up 43.82 per cent in the last 24 hours. Shiba Inu (SHIB) was the most trending crypto, down 2.83 per cent to $0.00001033, with a volume of $372 million.
Hedera (HBAR) was the top gainer, up by 15.57 per cent to $0.06467 in the last 24 hours. It's 24-hour trading volume was $136 million.
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Bone ShibaSwap (BONE) was the top loser, down 7.65 per cent to $1.52 in the last 24 hours. Its 24-hour trading volume was $18 million.
DeFi fell 10.05 per cent to $2.36 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin was down by 0.03 per cent to $29,377.94. Its 24-hour trading volume was $9.9 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was at 48.73 per cent, up by 0.01 per cent over the last 24 hours.
Ethereum: Ethereum was down by 0.05 per cent to $1,846.99 from the previous day. Its 24-hour trading volume was $3.7 billion.
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Tether: Tether was up by 0.06 per cent to $0.9987 in the last 24 hours. Tether’s 24-hour trading volume was $17 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana (SOL) was down by 1.29 per cent to $24.40. Its 24-hour trading volume was $278 million.
Avalanche was trading at $12.34, up by 0.03 per cent, while its 24-hour trading volume was $87 million.
Cardano ADA was down 0.09 per cent to $0.2902 from the previous day. Its 24-hour trading volume was $147 million.
Meme Coins
Dogecoin (DOGE) was down by 1.87 per cent, with a 24-hour price of $0.07489.
Shiba Inu was down by 2.83 per cent to $0.00001033.
Decentralised Finance
DeFi coin was trading at $0.0006063, down by 0.91 per cent.
Yearn.Finance was up by 0.65 per cent to $6,302.98 over the last 24 hours, while its 24-hour trading volume was $18 million.
