cryptocurrency markets were trading mixed on Monday. Bitcoin, XRP and Cardano were trading with cuts, while BNB, Solana and Litecoin saw gains. Bitcoin (BTC) fell 1.12% to $29,996, whereas Ethereum (ETH) was above the $2,100 level. BTC volume in the last 24 hours stood at approximately $14.78 billion — rising 29.22% in the last 24 hours. «Over the weekend, Bitcoin maintained its consolidation around the US$30,000 level after reaching a peak of US$31,005 on Friday — its highest point since June 2022. In contrast, Ethereum, the second-largest cryptocurrency, achieved a new 11-month high of US$2,141 over the weekend, driving fresh enthusiasm among investors following the successful Shanghai upgrade,» Edul Patel, Co-founder and CEO at Mudrex, said. ETH is currently trading at US$2,101, which represents a 134% increase since its lowest cycle in June 2022. The market as a whole appears to be bullish, Edul added.
Did you Know?
SAP has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of SAP’s offerings and reimagine processes for improved business outcomes.
View Details »The total volume in DeFi is currently 4.11 billion, 10.03% of the total crypto market 24-hour volume. The volume of all stablecoins is now $36.26 billion, which is 88.43% of the total crypto market 24-hour volume. The global cryptocurrency market cap was trading lower around $1.27 trillion, falling 0.0.35% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $580 billion. Bitcoin’s dominance is currently 45.72%, a decrease of 0.37% over the day, according to
Read more on economictimes.indiatimes.com