The market value of all cryptocurrencies fell 2.71 percent overnight to $1.13 trillion, while trading volume increased 34.43 percent to $43.03 billion during that same period.
Around 9 IST on Tuesday, Arbitrum (ARB), which fell 10.61% to $1.14, was the most popular cryptocurrency.
Flare (FLR), on the other hand, was the biggest gainer, rising 6.67% to $0.03716, with a 24-hour trading volume of roughly $2.5 million.
According to Coinmarketcap.com, the DeFi market had trading volume of $3.68 billion, or 8.56% of the total trading volume for the whole global crypto market.
Pricing of cryptocurrencies
Bitcoin: At $26,978.64, the price of one bitcoin fell by 3.27 percent. Its $18.4 billion in trade during a 24-hour period. Based on its market cap on Coinmarketcap.com, it is presently ranked first, same like yesterday. At 9:00 IST, its market domination was 46.25 percent, a decrease of 0.15 percent from the day before.
Ethereum: With a 24-hour trading volume of $8.7 billion, the price of Ethereum fell by 3.04 percent to $1,711.81.
Tether: Over the past day, Tether has decreased by 0.03 percent. With a 0.02 percent rise over the previous hour, it entered the green. With a $29 billion in 24-hour trading volume, it was trading at $0.9999. On coinmarketcap, it was rated third.
Different Altcoins
The price of Solana (SOL) dropped 4.69 percent to $19.71 on the previous day.
At 9 am IST, Avalanche’s 24-hour trading volume was $16,07,01,597, down 3.06 percent from its previous day’s closing price of $16.39.
The price of Cardano (ADA) fell by 2.14 percent. On the coinmarketcap, it is placed seventh with a 24-hour trading volume of $29,46,13,348.
Meme Dollars
Dogecoin (DOGE) fell 1.93 percent with a $44,64,85,263 24-hour trading volume.
At 9:00 IST on Monday, Shiba Inu was down 2.50 percent to $0.0000103.
Financial Decentralization (DeFi)
DeFi’s total trading volume in the last 24 hours was $3.68 billion, or 8.56 percent of the total trading volume of the cryptocurrency market.
Yearn.finance’s 24-hour market value was $263 million, down 3.70 percent from $8,043.14 in the previous day.
