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Home Crypto Trading

The crypto market volume has increased by 13.02%, showing a good sign to investors

Apurwa Anand by Apurwa Anand
January 16, 2021
in Crypto Trading, Market
0
PCEX Member Blog

The market graph of cryptocurrencies today showing a mixed picture. As shown on the Coinmarketcap, it shows a combination of red and green throughout the top 100 cryptocurrencies.

Though the global crypto market has dropped down by 5.77% after touching the historical 1 trillion figure over the last day, the total crypto market volume has increased by 13.02% over the last 24 hours.

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In the last 24 hours, the apex cryptocurrency Bitcoin (BTC) has shown a fall of 2.83% and is trading at $36,656.83 at the time of writing. Despite this fall, Bitcoin’s dominance in the market is 67.59%.

The second most talked cryptocurrency after BTC, Ethereum (ETH) having a market cap of $135.29B is down by 0.06%, giving a good sign to investors and traders to invest in this popular cryptocurrency. Tether (USDT), holding 3rd ranking by market cap, is witnessing a hike of 0.11% in the past 24 hours and is currently traded at $0.09992.

Polkadot (DOT), an enabler of communication between blockchain, has entered the top five cryptocurrencies by market cap, with a $13.33 billion valuation. The cryptocurrency traded at $14.95, up 7.24% in 24 hours and 62.35% in 7 days.

Apart from the top 4 currencies as per the market share, most of the coins have shown mixed signals.

  • Polkadot (DOT) is up by 1.38% trading at a price $16.25
  • Ripple (XRP) is down by 2.49% trading at price $0.2859
  • Cardano (ADA) is up by 5.04% trading at price $0.3442
  • Litecoin(LTC) is down by 2.91% trading at price $146.65
  • Bitcoin Cash (BCH) is down by 2.19% trading at price $496.95

Overall the market is showing a mixed trading signal to traders and investors. Look at the market scenario to make an ideal investment for a bigger profit. Visit our crypto market to start trading in the spot and futures market.

Tags: crypto market

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