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The global cryptocurrency market cap was at $1.1 trillion on Thursday afternoon, down by 1.83 per cent. Bitcoin was the most trending cryptocurrency, while Stacks STX was the top gainer and Kava KAVA was the top loser

Updated: 08 Jun 2023 2:36 pm

The global cryptocurrency market cap was at $1.1 trillion on Thursday afternoon, down by 1.83 percent in the past 24 hours, while the total trading volume was at $37.01 billion, down by 21.22 percent.

Bitcoin was the most trending cryptocurrency for the second day, down by 1.53 per cent to$26,481.62 from the previous day. Its 24-hour trading volume was $17.322 billion.

Stacks STX was the top gainer, up by 4.43 per cent to $0.6551 over the previous day. Its 24-hourtrading volume was $282.09 million. Kava KAVA was the top loser, down by 18.97 per cent to$0.9445. Its 24-hour trading volume was $84.19 million.

DeFi fell 7.12 per cent to 2.65 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoins price fell by 1.53 per cent to $26,481.62. Its 24-hour trading volume was $17.322billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoins marketdominance was at 46.59 per cent, up by 0.17 per cent over the last 24 hours.

Ethereum: Ethereums price fell by 1.86 per cent to $1,843.27 over the previous day. Its 24-hourtrading volume was $7.20 billion.

Tether: Tether fell by 0.02 per cent to $0.9999 in the last 24 hours. Tethers 24-hour trading volumewas $25.51 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solanas (SOL) price fell by 6.85 per cent to $18.68 in the last 24 hours. Its 24-hour trading volumewas $405.74 million.

Avalanche was trading at $13.92, down by 4.58 per cent, while its 24-hour trading volume was at$143.74 million.

Cardano (ADA) fell by 4.22 per cent to $0.3277. It is ranked seventh, with a 24-hour trading volume of$398.93 million.

Meme Coins

Dogecoin (DOGE) gained 2.44 per cent, with a 24-hour price of $0.0678.

Shiba Inu was down by 1.36 per cent to $0.000007953.

Decentralised Finance

DeFi coin was trading at $0.01012, same as yesterday.

Yearn.Finance was down by 1.61 per cent to $6,029.81 in the last 24 hours, while its 24-hour tradingvolume was $12.28 million.

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Crypto Price Update: Bitcoin Down 1.53%, Ethereum Down 1.86% - Outlook India