Page 5 - Quick Glance News Today

Bitcoins value remained below the US$29,500 threshold as investors eagerly awaited the U.S. Federal Reserves decision, scheduled for later today. Although BTC experienced a dip to a one-month low at the beginning of the week, it has been gradually rebounding, Edul Patel, Co-founder and CEO at Mudrex, said.

The total volume in DeFi is currently $2.51 billion, 7.33% of the total crypto market 24-hour volume. The volume of all stablecoins is now $30.82 billion, which is 90.2% of the total crypto market 24-hour volume.

The market cap of Bitcoin, the worlds largest cryptocurrency, was around $578 billion. Bitcoins dominance is currently 48.58%, an increase of 0.04% over the day, according to CoinMarketCap.

Bitcoin continued to trade below the US$30,000 mark for another consecutive day, influenced by various factors such as investors taking profits and the strengthening of the US dollar, Edul Patel, Co-founder and CEO at Mudrex, said.

"BTC continues to perform within a narrow range of less than 2%, around $30k. In the last 24 hours, XRP continued to be amongst the top performers in terms of volumes and price change. Interestingly, XRP has surpassed the trading volumes of BTC on a majority of exchanges ever since the court ruling against SEC fell in its favor," Shubham Hudda, Senior Manager at CoinSwitch Markets Desk, said.

The total global crypto market cap rose 6.3%, reaching $1.26tn, as crypto coins rallied following US District Judge Sarah Netburns ruling that XRP did not violate federal securities laws. The decision prompted a surge of as much as 68% in XRPs value. Other tokens, like Cardano and Solana, which have also experienced scrutiny from the Securities and Exchange Commission

The total volume in DeFi is currently $2.07 billion, 6.74% of the total crypto market 24-hour volume. The volume of all stablecoins is now $27.88 billion, which is 90.58% of the total crypto market 24-hour volume. The market cap of Bitcoin, the worlds largest cryptocurrency, was around $590 billion. Bitcoins dominance is currently 49.92%, a decrease of 0.04% over the day, according to CoinMarketCap.

The total volume in DeFi is currently $2.03 billion, 8% of the total crypto market 24-hour volume. The volume of all stablecoins is now $24.17 billion, which is 91% of the total crypto market 24-hour volume.

Bitcoin rose 1.23% to $30,476, while Ethereum climbed above $1,850. BTC volume in the last 24 hours reached approximately $14.59 billion, a rise of 66.55%. Giottus Crypto Platform CEO Vikram Subburaj said, "Breaching key resistance at $32,400 will be the eventual target before a sustained rally is possible." Meanwhile, the global cryptocurrency market cap hit around $1.19tn, a rise of 1.45% in the last 24 hours, while the market cap of Bitcoin was at $593bn, and its dominance was sitti...

The cryptocurrency market experienced a slight dip with Bitcoin declining by 0.65% to trade at $30,069. Ethereum was also slightly affected, with it trading above the $1,850 range. Despite this, the total volumes of BTC rose by 17.78% in the last 24 hours to $8.8 billion. The crypto market cap traded lower at $1.17 trillion, down by 0.74% in the last 24 hours. The price of BTC has continued to range-trade above $30,000 as the market absorbs the nonfarm payroll report.