The global crypto market went up by 0.62 per cent to $982.44 billion at 8.30 am. The trading volume was up by 9.61 per cent to $48.54 billion, according to Coinmarketcap data.
The trading volume in the decentralised finance coins section is about $3.58 billion, or 7.36 per cent of the total crypto market’s 24-hour volume. The volume of all stable coins is $45.21 billion, or about 93.13 per cent of the total crypto market volume in the last 24 hours.
The top gainer was Ravencoin (RVN). It was up by 8.05 per cent to $61.29. The top loser was yearn.finance (YFI), down 3.49 per cent at $9,448.27.
Bitcoin: BTC rose 0.3 per cent to $19,860.22.
Bitcoin was trading with loss for the most part of September 4 but there were several buying attempts to lift BTC out of the red zone and into the green zone. As a result, trading in BTC became volatile with frequent ups and downs. BTC, however, did manage to breakout from the low $19,000 levels to cross over the $20,000 mark for a brief moment sometime around 5.34 am on September 5.
Its lowest intraday trading price was $19,636.82, while its volume was up by 15 per cent at $26,907,015,454.
Ethereum: Ethereum’s (ETH) price rose 1.4 per cent to $1,576.29 in the last 24 hours to Monday morning.
ETH’s price managed to come out of the red zone sometime around 2.09 am on September 4 and is since trading with gains. However, around 7.34 pm, for about 8 minutes, ETH was back in the red territory. Currently, ETH trades near its day’s highest price level.
The lowest price for ETH today was $1,543.70. ETH’s trading volume was up by 6.63 per cent at $9,585,892,786.
Other Altcoins: Solana’s (SOL) price was up by 2.21 per cent at $32.17 today.
Ripple (XRP) rose 0.2 per cent at $0.3309 and its 24-hour trading volume was up by 17.28 per cent at $479,539,629.
Cardano (ADA) rose 2.44 per cent to $0.4977. Cardano’s 24-hour trading volume fell 0.74 per cent to $852,427,641.
Binance (BNB) was up by 0.02 per cent to $278.39. Its 24-hour trading volume was up by 7.31 per cent at $532,774,579.
Dogecoin (DOGE) was up by 0.28 per cent at $0.0631. Its 24-hour trading volume was up by 16.33 per cent at $251,132,475.
Shiba Inu was up by 3.44 per cent to $0.00001277.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) fell 3.49 per cent to $9,448.27. Its 24-hour trading volume was down by 26.24 per cent at $47,043,994.
Avalanche (AVAX) was down by 0.15 per cent at $19.05 and its 24-hour trading volume was up by 10.41 per cent at $197,298,433.
Aave (AAVE) was trading with a gain of 1.79 per cent at $88.94 and its 24-hour trading volume was down by 17.6 per cent at $86,547,628.