The crypto market saw huge gains on Saturday evening. Many cryptocurrencies, including Bitcoin (BTC), Solana (SOL) and Ethereum (ETH), were trading higher. Solana was the most trending crypto today.
The broader crypto market was up by 6.84 per cent to $1.05 trillion, according to data on Coinmarketcap.com at 6:32 PM IST. The overall trading volume had a significant rise of 73.32 per cent to $69.63 billion.
Aptos (APT) was the top gainer of the day with an increase of 53.65 per cent, while UNUS SED LEO (LEO) was the top loser with a total drop of 0.79 per cent in price.
Bitcoin: BTC rose by 9.09 per cent to $23,022.89. BTC’s trading volume was up by 73.23 per cent to $36.76 billion. BTC was trading in the green throughout the day. BTC was swinging between 21,372 and $23,001 over the last 24 hours. BTC’s dominance is currently 42.3 per cent.
Ethereum: ETH’s momentum saw a sudden uplift around 1:15 AM and was trading constantly in green to Friday evening. It was up by 6.41 per cent to $1,655.51. It was fluctuating between $1,591 and $1,655. Its trading volume level was up by 65.94 per cent. ETH’s trading volume was $10.65 billion.
SOL’s price was up by 19.70 per cent to $25.54.
Ripple (XRP) hiked by 4.40 per cent to $0.4108 and its 24-hour trading volume was up by 29.84 per cent to $1.27 billion.
Cardano (ADA) was up by 8.54 per cent to $3675. Cardano’s 24-hour trading volume was up by 153.37 per cent to $577.9 million.
Dogecoin (DOGE) was up by 7.27 per cent to $0.08722. Its 24-hour trading volume was up by 147.54 per cent to $746.1 million.
Shiba Inu (SHIB) was up by 6.06 per cent to $0.00001216.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) was up 7.80 per cent to $7,192.45. Its 24-hour trading volume rose by 113.28 per cent to $44.5 million.
Aave (AAVE) rose by 6.08 per cent to $86.49, and its 24-hour trading volume hiked by 54.29 per cent to $143.16 million.
Avalanche (AVAX) rose by 7.32 per cent to $17.32. Its 24-hour trading volume was escalated by 130.20 per cent to $538.82 million.