The largest cryptocurrency with 39.8 percent dominance, Bitcoin (BTC)He traded at a loss. The second largest cryptocurrency, Ethereum (ETH), traded for profit. Most other altcoins were trading at a loss and the decentralized finance coins were trading at a profit as of this morning. The trending coin today was Stargate Finance (STG), and the top winner was Chiliz (CHZ).
The global crypto market cap rose 0.01 percent to $1.02 trillion as of 8:50 a.m. According to Coinmarketcap data, global crypto volume increased by 18.87 percent to $70.65 billion.
The trading volume in the decentralized finance coin space is about $5.42 billion, or 7.67 percent of the crypto market’s total 24-hour volume. The volume of all stablecoins is $63.82 billion, or about 90.34 percent of the total crypto market volume over the past 24 hours.
Today’s top gainer was Chiliz (CHZ), which is up 20.86 percent at $0.2234. The biggest loser was Celsius (CEL), which fell 18.82 percent to $1.73.
cryptocurrency prices
Bitcoin
Bitcoin fell 0.83 percent to $21,352.16.
Regarding the price analysis, BTC hit its 24-hour low on Aug. 22, sometime after 12:39 p.m., and it was only after 2:14 p.m. that the price of BTC surged above its daily low and broke the $21,000 mark. Then, at around 9:34 p.m., BTC reached its daily high of $21,486.78, but then lost all the gains it had made since the morning in the following trading sessions, and at 12:19 a.m. on August 23, BTC was back at $21,000 . BTC’s entire trading session resulted in significant volatility, but its price remained rangebound.
BTC’s lowest price today was $20,939.18 and its trading volume increased by 37.53 percent to $32,156,752,595.
ether
Ethereum was priced at $1,629.90 this morning, up 1.32 percent over the past 24 hours.
Like BTC, ETH traded in losses throughout August 22, touching its daily low around 12:39 p.m. However, after around 2:59 p.m., the price of ETH started to recover and a new high was created with each passing hour, albeit still in the red. But around 5:09 am on August 23, ETH managed to break through $1,600 and is now trading with profits.
ETH’s lowest price today was $1,535.01. ETH trading volume increased by 18.89 percent to $18,635,581,315.
Other Altcoins
Solana’s price fell 2.42 percent today to $35.49.
Cardano (ADA) fell 0.41 percent to $0.4603. 24-hour trading volume for ADA increased 17.85 percent to $724,342,574.
Binance (BNB) is down 0.78 percent to $298.26. The 24-hour trading volume fell 11.93 percent to $1,455,157,044.
meme coins
Dogecoin (DOGE) fell 0.28 percent to $0.06869. The 24-hour trading volume increased 8.29 percent to $451,601,485.
Shiba Inu (SHIB) fell 1.4 percent to $0.00001323.
Decentralized Finance (DeFi)
Yearn.Finance (YFI) was up 4.04 percent to $9,102.51. The 24-hour trading volume rose 44.26 percent to $57,645,546.
Avalanche (AVAX) is up 0.27 percent to $22.80 and its 24-hour trading volume is up 6.57 percent to $526,957,482.
Aave (AAVE) traded at $88.58, up 4.25 percent
and its 24-hour trading volume increased by 47.29 percent to $194,519,417.
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