Crypto Prices Update: Ethereum Down 2%, Bitcoin Down 2.34%, The global crypto market cap was $1.14T, down 1.86% in 24 hours. Pepe PEPE led the trends, while Quant QNT gained and IOTA MIOTA lost.
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Crypto Prices Update
Global cryptocurrency markets fell 1.86 percent in the last 24 hours, with total market capitalization hitting on Wednesday morning by $1.14 trillion. During the same time, the total trade volume also fell by 21.06 percent to $33.65 billion. In this latest move, Pepe (PEPE) became the most popular cryptocurrency, while Quant (QNT) recorded the highest rise and IOTA (MIOTA) experienced the biggest decline.
Pepe Leads the Market Movement
Pepe (PEPE) is the most popular cryptocurrency today, with a drop of 7.17 percent to $0,000001275 from the day before. PEPE trading volume in the last 24 hours hit $147.23 million. Despite a decline in value, Pepe remained interested in investors with a pretty strong trend.
Quant (QNT) experienced the highest increase
Quant (QNT) experienced the highest price increase among other cryptocurrencies, rising by 3.09 percent to $114.56 in the last 24 hours. QNT’s trading volume hit $23.42 million. This good result shows that Quant becomes an attraction for investors with an attractive profit potential.
IOTA (MIOTA) has experienced the biggest decline
While Pepe and Quant managed to attract attention, IOTA (MIOTA) suffered the biggest price drop. MIOTA dropped by 10.62 percent to $0.1963. MIOTA’s trading volume in the last 24 hours hit $32.64 million. Despite a drop, IOTA still shows high volatility in the cryptocurrency market.
Defi decreased by 7.72 percent
According to a study from Coinmarketcap.com, the decentralized financial market (DeFi) fell by 7.72 percent to $2.61 billion. DeFi is one of the steadily growing sectors in the cryptocurrency industry, but value fluctuations remain a challenge to face.
Price Update of other cryptocurrencies
Here are some other coin price movements
Bitcoin
Bitcoin price dropped 2.34 percent to $27.118,55. Bitcoin trading volume in the last 24 hours hit $15.06 billion. Bitcoin stays the largest cryptocurrency based on market capitalization, with a market share of 46.23 percent, down in last 24hrs by 0.29 percent.
Ethereum
The price of ethereum dropped by 2 percent to $1,864,70. The trading volume of Ethereum in the last 24 hours hit $5.95 billion. Ethereum stays one of the leading cryptocurrencies in the market.
Tether
Tether is constant at $1.00 in the last 24 hours, the same as the day before. Tether’s trading volume hit $24.06 billion. Tether stays the most traded stablecoin on the market.
Other Cryptocurrencies
Crypto prices update Excluding big cryptocurrencies like Bitcoin, Ethereum, and Tether, here are some of the other cryptocurrency price movements:
- Solana (SOL): The price of Solana has fallen by 0.53% to $20.66 in the last 24 hours. SOL trade volume reached $362.10 million.
- Avalanche is sold at $14.11, down 2.32 percent, with a 24-hour trading volume of $155.28 million.
- Cardano (ADA): Cardano price dropped by 1.43 percent to $0.3752. Cardano currently ranks seventh with a 24-hour trade volume of $216,63 million.
- Meme Coin Dogecoin (DOGE): The price of dogecoin dropped by 1.46 percent, at $0,07156 in the last 24 hours.
- Shiba Inu: Shiba inu price dropped by 1.51 percent to $0,000008549.
- DeFi and Yearn.Finance: DeFi Coin: Defi Coin is trading at $0,01105, up 0.47 percent in the last 24 hours.
- Yearn.Finance: The price of Yearn.Finance dropped by 1.95 percent to $6.542,20 in the last 24 hours. The trading volume of Yearn.Finance hit $12.25 million.
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Crypto Prices Update
This is the biggest move in the cryptocurrency market. The value of cryptocurrencies continues to fluctuate, providing opportunities and challenges for investors.
Due to the high volatility of the market, it is important for investors to conduct in-depth research before making an investment choice.
Note: The above article are only informative and should not be taken as investment recommendations. The value of cryptocurrencies is highly fluctuating, and decisions concerning investments should be based on self-sufficient research and in-depth knowledge of the market. Always communicate with a financial pro before investing.
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