In the 24 hours leading up to Monday morning, the market capitalization of all cryptocurrencies climbed by 0.87 percent to $1.16 trillion, while trading volume declined by 0.33 percent to $32.09 billion.
Around 10 IST on Monday, Arbitrum ARB, which had gained 5.25 percent to $1.29, was the most popular cryptocurrency.
Similarly, ssv.network (SSV) was the top gainer with a rise of 8.15 percent to $37.17 and a $3,76,19,589 24-hour trading volume.
According to Coinmarketcap.com, the entire trading volume of DeFi in the past 24 hours was $3.01 billion, or 9.38 percent of the total trading volume of the cryptocurrency market.
The biggest loss was Nexo (NEXO), which fell 3.76 percent to $0.7381. Trading volume over a 24-hour period was $72,81,435.
Pricing of cryptocurrencies
Bitcoin: The price of one bitcoin jumped to $27,926.48 by 1.42 percent. It had a $14,16,56,57,387 24-hour trading volume. Based on its market value on Coinmarketcap.com, it is presently rated as the top cryptocurrency. By 10 IST, it had a 46.42 percent market share, up 0.18 percent from the day before.
Ethereum: The price of Ethereum increased by 1.01 percent to $1,767.23 and $7,11,55,32,388 worth of transactions were made in the previous day.
Tether: During the last day, Tether has decreased by 0.05 percent. With a 0.03 percent rise over the previous hour, it entered the green. It was traded for $1.00, the same as yesterday, with a $21,99,81,35,130 24-hour trading volume. On coinmarketcap, it was rated third.
Several Altcoins
On the previous day, the price of Solana (SOL) grew by 0.14 percent to $20.71.
Avalanche was trading at $16.92, down 1.02 percent, and had a $11,70,86,168 24-hour trading volume.
Cardano (ADA) had a 0.84 percent decline. It is ranked eighth on CoinMarketCap, with a $22,57,03,407 24-hour trading volume.
Meme Dollars
Dogecoin (DOGE) was down 0.87 percent with a $22,95,53,842 24-hour trading volume.
At 10 IST on Monday, Shiba Inu was up 0.50 percent at $0.00001058.
Financial Decentralization (DeFi)
DeFi was trading at $3.01 billion, up 9.38% from the 24-hour volume of the whole crypto market.
Yearn.finance’s 24-hour market cap was $305,159,669 while it was up 0.4% to $8,328.90 in the previous day.