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Crypto Price Update: Global Market Rallies 6.5% As Bitcoin, Ethereum See Big Gains

XRP (XRP) was the most trending and the top gainer in cryptocurrencies, up 66.47 per cent, while eCash (XEC) was the top loser

Outlook Money

Updated on: 14 July 2023 6:46 am

Crypto Price Update: Global Market Rallies 6.5% As Bitcoin, Ethereum See Big Gains

The global cryptocurrency market rallied 6.58 per cent to $1.26 trillion in the past 24 hours to?Friday morning, while the trading volume rose 124.25 per cent to $69.29 billion.??

XRP (XRP) was the most trending and the top gainer cryptocurrency, up 66.47 per cent to?$0.7873. Its 24-hour trading volume was $12.7 billion. ECash (XEC) was the top loser, down?4.40 per cent to $0.00003134. Its 24-hour trading volume was $72 million.

DeFi fell 5.76 per cent to $4 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin:?Bitcoin’s price increased by 3.50 per cent to $31,380.66. Its 24-hour trading volume?was $25.6 billion. It is currently ranked number 1 on Coinmarketcap, based on market value. ?

Bitcoin’s market dominance stood at 48.49 per cent, down 1.43 per cent over the last 24 hours.

Ethereum:?Ethereum’s price rose by 7.50 per cent to $2,009.38 over the previous day. Its 24-hour trading volume was $12.5 billion.

Tether:?Tether increased by 0.06 per cent to $1.00 in the last 24 hours. Tether’s 24-hour trading?volume was $47.7 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana’s (SOL) price increased by 32.32 per cent to $28.78. Its 24-hour trading volume was $2.4?billion.

Avalanche traded at $14.94, up 14.27 per cent, while its 24-hour trading volume was $365?million.

Cardano ADA increased by 25.46 per cent to $0.3601. Its 24-hour trading volume was $1.4?billion.

Meme Coins

Dogecoin (DOGE) increased by 9.50 per cent to $0.07103 over the past 24 hours.

Shiba Inu was up by 6.82 per cent to $0.000007985.

Decentralised Finance

DeFi coin was trading at $0.002269, up 10.60 per cent from the previous day.??

Yearn.Finance was up by 6.08 per cent to $7,378.94 in the last 24 hours, while its 24-hour?trading volume was $23 million.