While Ethereum (ETH) declined 4.54 percent, Bitcoin (BTC) is down 1.76 percent. While UNUS SED LEO became the top gainer, Shiba Inu was the most traded coin. On Monday morning, the two biggest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), were selling at a loss. Shiba Inu (SHIB) was the day's most popular cryptocurrency.
As of 5:40 pm IST, the market capitalization of all cryptocurrencies fell by 2.92 percent to $1.15 trillion. According to data from Coinmarketcap, the total volume of all cryptocurrencies increased by 42.58% to $77.67 billion.
About $6.71 billion, or 8.64 percent of the total 24-hour volume of the crypto market, was traded in the decentralized financial currencies category. All stable coin volume in the previous 24 hours was $69.59 billion, or around 89.60% of the overall crypto market volume.
UNUS SED LEO was the highest gainer on Monday, rising 5.43% to $5.34. Celsius (CEL), which fell by 15.13% to $3.20, was the biggest loser.
BITCOIN (BTC)
At 5:40 p.m., the price of Bitcoin dropped 1.76 percent to $24,093.50. Bitcoin began to fall after reaching a peak at 8:00 am and reached the red zone at 11:34 am. After hitting its lowest point at 1:59 p.m., it briefly saw modest improvements without succeeding in crossing into the positive territory.
BTC's price today was $23,960.03, while its trading volume, which was $31,257,841,716, increased by 44.82%.
ETHEREUM (ETH)
On Monday night, the price of Ethereum was $1,896.55, down 4.54 percent. ETH traded in a manner that was quite comparable to that of BTC. On August 15, ETH began to drop sharply at about 11:00 am, hitting its lowest point at 2:00 pm.
ETH's current going rate was $1,887.82. The trading volume for ETH increased by 51.97% to $19,667,253,542.
OTHER ALTCOINS
Solana's price today was $44.16—a decrease of 5.00%.
At $0.5566, Cardano (ADA) increased by 4.08 percent. To $912,871,863, the ADA 24-hour trading volume fell by 21.52 percent.
At $316.96, Binance (BNB) was down 2.95 percent. Its $1,211,242,887 24-hour trading volume increased by 48.17%.
MEME COINS
At $0.07564, Dogecoin (DOGE) was down 2.91 percent. At $1,363,304,473, its 24-hour trading volume increased by 64.47 percent.
Shiba Inu (SHIB) was trading higher at $0.00001557, up 1.67 percent.
DECENTRALISED FINANCE (Defi)
At $11,108.40, Yearn.Finance (YFI) decreased by 3.96 percent. At $62,290,663, its 24-hour trading volume increased by 16.02%.
Avalanche (AVAX) was down 4.24 percent at $27.72 and had a 38.02 percent increase in 24-hour trading volume at $538,370,019.
Aave (AAVE) was down 3.12% on the day's trading at $107.06, while its 24-hour trading volume increased by 107.29% to $272,504,626.