It’s the weekend, and the crypto market looks to be recovering from the previous price corrections during the week. After kicking off the week with momentum that shot the price of BTC above $72,000, the market took a step back remitting accrued gains by mid-week. However, the weekend looks promising as the majority of the tokens are trading in the green zone.
At the time of writing, data from CoinMarketCap show that the global crypto market cap is up by 0.24% to $2.64 trillion over the last day. What is more, the same statistics reveal that there was a significant drop of 18.39% in the total crypto market volume to $78.94 billion within the time. Additionally, the volume of all stablecoin is $72.37 billion representing 91.68% of the total crypto market 24-hour volume.
Let us take a look at the price update of some major cryptocurrencies in the market.
Major cryptocurrency prices today
Bitcoin has led the general crypto market on a slight rally today. The largest cryptocurrency by market cap is currently trading at $70,899 signifying a 0.19% increase in the last 24 hours. Also, its trading volume over the last day has reduced by 19% to $30.2 billion with a live market cap of $1.39 trillion. Additionally, BTC dominance is currently 52.96%, showing an increase of 0.20% over the day.
On the altcoin front, Ethereum, the second-largest crypto by market cap is changing hands at $3,534. ETH has dropped by a mild 0.85% in the last 24 hours. The coin managed to reach the $3,600 mark earlier this week but has shed its gains to trade mid-way. What is more, Ethereum has a 24-hour training volume of $13.6 billion representing a 16.7% decrease in the day. Its live market cap now rests at $424.4 billion.
One of the cryptocurrencies with the strongest community in the market, XRP has dipped in the last day. The idea of XRP losing its zero and trading above $1 still hangs in the balance. According to data, the token is currently selling at $0.609 at the time of writing. XRP has a 24-hour trading volume of $1.19 billion showing a massive 50% drop in the last 24 hours. Ultimately, XRP occupies the #6 position on the crypto chart with a live market cap of $33.5 billion.
The Solana (SOL) price continues to trade below the revered $180 mark. The price has increased by 0.28% over the last day to trade at $174.36. Conversely, its trade volume has dropped by a notable 16.2% to $2.7 billion in the last day. Additionally, Solana now has a live market cap of $77.7 billion.
Ethena (ENA) one of the trending cryptocurrencies in the market has exhibited momentum as its price records a 4% increase in the last 24 hours to trade at $1.47. The Ethereum-based synthetic dollar protocol, launched earlier this month has shown resilience, surging by a dramatic 113% ever since. ENA has a 24-hour trading volume of $927 million with a live market cap of $2.09 billion.
Top gainers today
On the top gainers and trending list, we have;
Serenity Shield (SERSH): The price of SERSH has surged dramatically over the last 24 hours by 31% to trade at $0.83. Serenity Shield is a DeFi platform that offers an innovative approach to cryptocurrency inheritance and a secure storage solution for sensitive data. SERSH has a 24-hour trading volume of $4.3 million representing a 38% increase in the last day. Additionally, its market cap rests at $3.63 million.
Ondo (ONDO): Ondo rests at the #6 position on the top trending list. The price of ONDO has grown by 5% in the last day to $0.82. Also, ONDO has a 24-hour trading volume of $230.7 million surging exponentially by 47%.
Pepe (PEPE): Pepe leads the memecoin rally with an impressive 5% increase in the last 24 hours. The PEEP price is currently at $0.00000733. What is more, PEPE has a 24-hour trading volume of $755 million signifying a 45% increase in the last day. Finally, PEPE has a market cap of $3.08 billion.
This news is republished from another source.
