The worldwide crypto market increased by 1.8% to $842.4 billion, boosted by rises in cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC). However, according to Coinmarketcap.com at 4:00 p.m. IST, the market’s total trading volume plummeted 17.7 percent in the past 24 hours to $37.1 billion.
The most popular cryptocurrency on Saturday was Terra Classic Luna (LUNC), a stablecoin that collapsed in May. Huobi was the largest gainer, up 17.3 percent to $6.8. BinaryX was the biggest decline, trading at $152.5 after falling 5.4 percent in the previous 24 hours as of Saturday evening.
Prices of Cryptocurrencies
Bitcoin: BTC has risen 0.93 percent in the past 24 hours to $16,598. Its market capitalization was $318.9 billion. It hit an intraday low of $16,431. Trading volume fell by 19.8 percent to $18.6 billion.
Ethereum has gained 3.4% in the previous 24 hours to $1,219 as of Saturday evening. The market capitalization of ETH was 149.2 billion. Trading volume fell by 35.07 percent to $5.4 billion.
The price of Solana (SOL) increased by 2.7% to $14.4. XRP decreased 0.49 percent to $0.4073, while its 24-hour trading volume dropped 44.8% to $863.5 million. Cardano (ADA) gained 3.1% to $0.3204. Cardano’s 24-hour trading volume fell by 10.2% to $202.02 million.
Dogecoin (DOGE) increased by 12.2% to $0.09237. Its 24-hour trading volume increased by 271.5% to $1.3 billion. Shiba Inu gained 4.4% to $0.000009287.
Decentralized Finance (DeFi)
Yearn.Finance (YFI) gained 3.8% to $6,313. Its 24-hour trading volume increased by 41.3% to $41.3 million. Avalanche (AVAX) gained by 2.6% to $12.9, while its 24-hour trading volume jumped by 23.1% to $163.7 million. Aave (AAVE) climbed by 5.2% to $60.2, and its 24-hour trading volume grew by 43.5% to $77.4 million.