Home Business Bitcoin Down, Ethereum Back From All-Time Low; PancakeSwap (CAKE) Most Trending Crypto

Bitcoin Down, Ethereum Back From All-Time Low; PancakeSwap (CAKE) Most Trending Crypto

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Bitcoin Down, Ethereum Back From All-Time Low;  PancakeSwap (CAKE) Most Trending Crypto

Bitcoin (BTC), the world’s largest cryptocurrency, was down, while Ethereum (ETH) rebounded from an all-time low on Friday evening. Meanwhile, the most searched crypto today was PancakeSwap (CAKE), a decentralized finance protocol.

Market statistics

The global crypto market cap rose 0.92% to $1.1 trillion as of 4:30 p.m. Global crypto volume grew by 2.40% to $65.07 billion, according to data from Coinmarketcap.

Trading volume in decentralized finance (DeFi) was around $6.46 billion, or 9.93% of the total crypto market in the past 24 hours. The volume of all stablecoins is $58.96 billion, which is approximately 90.60% of the total crypto market volume in the last 24 hours.

Bitcoin: As of 4:30 p.m., Bitcoin fell 0.09% to $23,192.62 and currently dominates the crypto market by 40.37%.

In other news, UK Royal Courts have denied claims by tech expert and businessman, Craig Wright, who claimed to be the inventor of Bitcoin and author of the Blockchain white paper, Satoshi Nakamoto . Even cryptocurrency enthusiast Peter McCormack has refuted these claims.

Ethereum: The price of Ethereum (ETH) tonight was $1,718.90, and it was up 3.08%.

When it comes to price movement, Ethereum has been hitting a new low with every passing hour, hitting its low of $1,708 at 2:19 PM, slightly above its open price of 1,667.2. Its trading volume also jumped 19.79% to $17,904,527,891.

Other Altcoins

The price of Solana rose 0.08% to $40.56 today.

Cardano (ADA) rose 1.18% to $0.5186. The 24-hour trading volume for ADA rose 1.24% to $506,705,569.

Binance Coin (BNB) fell 1.37% to $315.45. Its 24-hour trading volume fell 20.71% to $1,374,003,154.

meme pieces

Dogecoin (DOGE) rose 0.71% to $0.06993. Its 24-hour trading volume increased by 21.94% to $355,760,281.

Shiba Inu (SHIB) rose 0.48% to $0.00001213.

Decentralized finance (DeFi)

Yearn.Finance (YFI) rose 7.12% to $11,802.86. Its 24-hour trading volume increased by 95.27% to $168,386,804.

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