world’s largest cryptocurrency Bitcoin Bitcoin touched a record high this week following the launch of an exchange-traded fund, or ETF, in the United States. On Wednesday, the price of one bitcoin was at an all-time high of around $66,900. On Friday, however, the price of cryptocurrency According to information mentioned in CoinMarketCap, there is a drop of 3.14 percent in the last 24 hours. Bitcoin, although not legally accepted as a currency in many countries around the world, was trading at $63,495.39 at the time of writing this article.
The global market capitalization stood at $2.61 trillion on Friday as per data available on CoinMarketCap at 1402 hours IST. It has also been learned from the information that it has decreased by 1.38 percent in the last 24 hours. The total volume of the crypto market on the previous day stood at $123.71 billion, indicating an increase of 1.97 percent in the last 24 hours. According to information available on CoinMarketCap, the total volume of DeFi was $15.60 billion, which is 12.61 percent of the total crypto market volume in the last 24 hours.
“After making a new all-time high, the crypto spectrum saw some profit booking. Bitcoin, the largest cryptocurrency by market capitalization, hovered around the $63,000 mark. Most of the top cryptocurrencies are down marginally. With this such profit-booking can be expected,” said Edul Patel, CEO and co-founder of global crypto trading platform Mudrex.
“We can see that ETH is forming a cup and handle pattern and is almost ready for a breakout. Among the major altcoins, Solana (SOL) has seen a rise of around 20 percent in about 24 hours. Solana breaks out of the triangle pattern. Interestingly, the total value locked in DeFi on the Solana platform has reached a record high,” Patel said.
The volume of all stablecoins was $96.87 billion, which was 78.31 percent of the total 24-hour crypto market volume.
There has been some change regarding the top gainers and losers of the crypto market. DOTDOWN was the crypto market topper, priced at $9.62 and trading at 9295572.87 percent in the last 24 hours. Wolf Safe Poor People took second place during the day with a price of $0.000002525 and a gain of 900595.08 percent. BitUp’s price rose 28874.40 percent with a price of $0.02548 and moved up to third place.
The Spooky Inu, on the other hand, dropped 97.87 percent to $0.000005255, making it the top loser. Ms. Moona Rewards and LinkArt ranked second and third with losses of 95.38 per cent and 88.16 per cent, respectively.
Top 6 Cryptocurrency Gainers (According to CoinMarketCap Data)
dotdown: $9.50 – 9175358.47 percent change in last 24 hours
wolf safe poor people: $0.0000002525 – 900595.08 percent change in last 24 hours
slightly above: $0.02548 – 28874.40 percent change in last 24 hours
Shock: $0.02949 – 7275.47 percent change in last 24 hours
infiniteX: $0.0000008985 – 2124.73 percent change in last 24 hours
your cake: $0.000003514 – 1166.82 percent change in last 24 hours
Top 6 Cryptocurrency Gainers (According to CoinMarketCap Data)
scary you: $0.0000005255 – 97.87 percent change in last 24 hours
Ms. Moona Award: $0.000004464 95.38 percent change in last 24 hours
linkart: $0.0003811 – 88.16 percent change in last 24 hours
CPOS Cloud Paymate: $0.1457 – 78.50 percent change in last 24 hours
aureus coin: $0.002256 – 74.36 percent change in last 24 hours
farmers only: $11.28 – 71.67 percent change in last 24 hours
Bitcoin, Ether and Dogecoin, some of the most sought-after cryptocurrencies, were in the red zone tracking losses. Solana, another popular crypto, was in the green zone though.
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