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Crypto Price Update: Market Retreats 2%, Bitcoin Down 1.65℅, Ethereum Fell 3.61%

The global cryptocurrency market decreased by 2.02 per cent; Bitcoin (BTC) was the most trending cryptocurrency, down 1.65 per cent, while eCash XEC was the top gainer, up 5.37 per cent.

Outlook Web Desk

Updated on: 7 July 2023 7:53 am

Crypto Price Update: Market Retreats 2%, Bitcoin Down 1.65℅, Ethereum Fell 3.61%

The global cryptocurrency market fell 2.02 per cent to $1.17 trillion in the past 24 hours to Friday afternoon, while the trading volume surged 41.74 per cent to $46.61 billion.??

Bitcoin (BTC) was the most trending cryptocurrency, down 1.65 per cent to $30,146.50 from the previous day. Its 24-hour trading volume was $22.5 billion.

E-Cash XEC was the top gainer, up 5.37 per cent in the past 24 hours. It was priced at $0.000003653 with a 24-hour trading volume of $356 million. Conversely, Fantom FTM was the top loser, down 10.33 per cent to $0.2687. Its 24-hour trading volume was $212 million.

DeFi fell 5.89 per cent to $2.74 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin’s price decreased by 1.65 per cent to $30,146.50. Its 24-hour trading volume was $22.5 billion. It is currently ranked number 1 on Coinmarketcap.com, based on market cap. Bitcoin’s market dominance stood at 49.93 per cent, an increase of 0.23 per cent over the last 24 hours.

Ethereum: Ethereum’s price fell by 3.61 per cent to $1,856.27 over the previous day. Its 24-hour trading volume was $9.64 billion.

Tether: Tether increased by 0.00 per cent to $1.00 in the last 24 hours. Tether’s trading volume was $32 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana’s (SOL) price increased by 1.41 per cent to $19.97 in the last 24 hours. Its trading volume was $953 million.

Avalanche traded at $12.57, down by 2.15 per cent, while its 24-hour trading volume stood at $155 million.

Cardano ADA decreased by 3.23 per cent to $0.2815 over the previous day. Its 24-hour trading volume was $293 million.

Meme Coins

Dogecoin (DOGE) decreased by 3.24 per cent, with a 24-hour price of $0.06555.

Shiba Inu was down by 4.50 per cent to $0.000000723.

Decentralised Finance

DeFi coin was trading at $0.002028, down 3.58 per cent over the previous day.??

Yearn.Finance was down by 4.01 per cent to $6,789.75, while its 24-hour trading volume was $21.5 million