The global the crypto market cap continues to be below the $1 trillion mark on Tuesday. For the past few days, the market capitalization has been in the lower levels of $900 billion, but today, after a series of losing streaks, the market capitalization has recovered and is now above the $980 billion level. Bitcoin, Ethereum, Binance and other cryptocurrencies traded with gains as of Tuesday morning.
The global crypto market was up about 3.08 percent to $980.81 billion at 8:30 a.m. Trading volume rose 19.95 percent to $64.9 billion, according to Coinmarketcap data.
Trading volume in the decentralized finance coin section is around $4.68 billion, or 7.21 percent of the total crypto market’s 24-hour volume. The volume of all stablecoins is $59.31 billion, or about 91.39 percent of the total crypto market volume in the last 24 hours.
The most trending coin on Monday morning was PancakeSwap (CAKE), and the biggest gainer was Lido DAO (LDO). It was up 14.57 percent to $1.85. The biggest loser was eCash (XEC), down 2.14 percent to $0.0000487.
Cryptocurrency prices
Bitcoin: Bitcoin rose 2.17 percent to $20,197.40. BTC traded below $19,000 levels for most of August 29, but sometime after 16.59 BTC started to go up and at 19.09 it was already above the $20,000 level. After that, there was a volatile trading session for BTC, but with each passing hour a new high was created.
Its intraday low was $19,756.78, while volume was up 23.11 percent to $31,998,059,773.
Ethereum: Ethereum’s price rose 3.47 percent to $1,533.39 in the last 24 hours through Tuesday morning.
Like BTC, ETH also traded in losses for most of August 29, and sometime around At 17.54 the increase in the pricing of ETH occurred. This increase lifted the ETH price from the lower levels of $1442 to $1529 within an hour and a half. Sometime after 19:14 the ETH price climbed higher and with each passing hour a new high was created.
The lowest price for ETH today was $1,442.33. ETH’s trading volume increased by 25.5 percent to $17,415,514,033.
Other Altcoins: Solana’s (SOL) price rose 4.94 percent to $32.07 today.
Ripple (XRP) lost 4.3 percent to $0.3209 and 24-hour trading volume was down 4.89 percent to $673,880,821.
Cardano (ADA) fell 4.03 percent to $0.4318. Cardano’s 24-hour trading volume fell 14.92 percent to $575,901,841.
Binance (BNB) was up 3.21 percent at $286.19. Its 24-hour trading volume increased by 22.96 percent to $986,620,544.
Meme Coins
Dogecoin (DOGE) was up 2.56 percent to $0.06341. Its 24-hour trading volume was down 11.68 percent to $286,207,491.
Shiba Inu (SHIB) was up 4.33 percent to $0.00001239.
Decentralized Finance (DeFi)
Yearn.Finance (YFI) rose 5.45 percent to $8,990.42. Its 24-hour trading volume increased by 24.44 percent to $42,426,921.
Avalanche (AVAX) was up 4.98 percent to $19.08 and 24-hour trading volume was up 36.43 percent to $570,104,663.
Aave (AAVE) traded up 7.84 percent to $85.38, and 24-hour trading volume rose 9.01 percent to $124,690,832.
