The crypto market traded in the red on Saturday. Many cryptos like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) suffered losses, as per Coinmarketcap.com at 6:10 pm.
The broader crypto market fell 0.29 per cent to $810.61B. It’s 24-hour trading volume dropped 19.75 per cent to $23.36 billion as of Saturday evening.
Stacks (STX) was the top gainer with a price increase of 5.14 percent, while Solana (SOL) was the top loser for the day.
Bitcoin: BTC dropped by 0.14 per cent to $16,839.65. However, it was the most trending today. BTC prices saw high volatility, trading mostly in the red zone throughout the day.
It traded between $16,700 and $16,900. The lowest price was $16,793.
Ethereum: ETH was also down 0.47 per cent to $1,219.39. Its momentum was similar to Bitcoin, and it was trading in the red zone. The trading volume fell by 29.38 percent to $3,932,569,194 in the last 24 hours to Saturday evening.
Solana’s price dropped 4.77 per cent to $11.34 today. It was the top loser for the day.
Cardano (ADA) was down by 0.22 per cent to $0.2587. Its 24-hours trading volume also dropped by 42.99 percent to $117,348,384.
Ripple (XRP) increased by 0.10 per cent to $0.3526, and its trading volume was $379,074,376.
Dogecoin (DOGE) also fell by 0.88 per cent to $0.0773. Its trading volume was down by 55.34 percent reaching $234,492,088.
Shiba Inu’s (SHIB) price decreased by 0.54 percent to $0.000008284.
Decentralized Finance (DeFi)
Yearn.Finance (YFI) was down by 1.18 per cent to $5,474.92. However, Its 24-hour trading volume raised by 3.60 per cent at $13,352,994.
Avalanche (AVAX) was down by 0.88 per cent at $11.70, and its 24-hour trading volume was down by 20.71 per cent at $78,459,909.
Aave (AAVE) was trading with a loss of 1.04 per cent at $54.46, and its 24-hour trading volume was at $26.99 million