The cryptocurrency market was trading in the red on Thursday evening. While the prices of some major cryptocurrencies such as Bitcoin (BTC) and Binance (BNB) have declined, Ethereum (ETH) and altcoins such as Solana (SOL) and Cardano (ADA) have seen higher prices and traded higher.
The cryptocurrency market cap fell 0.14% to $811.28 billion as of 5:45pm Thursday night. Its trading volume also decreased by 19.44% to $24.56 billion.
Helium (HNT) was the top winner with its price up 19.76%, while Chain (XCN) was the top loser with its price down 5.65%. PancakeSwap was the trendiest at $3.35.
bitcoins: BTC plunged 0.11% to $16,835.55.
BTC traded in the red on Dec. 22, 2022, with its price fluctuating between $16,802 and $16,846. However, it showed little upward momentum around 3:40pm. The day’s high price was $16,866. The 24-hour trading volume of BTC dropped 19.86% to $14,067,858,716.
Binance: BNB has had steady downward momentum throughout the day. Its price fell 1.34% to $245.30.
BNB trading volume fell 14.45% to $471,346,827 in the past 24 hours through Thursday evening.
Ethereum: The price of ETH increased by 0.22% to $1216.64.
ETH trading has been highly volatile with its price hovering around $1,200. Although Ethereum traded in the red until 6am, it later surged to $1,219, the day’s highest price. However, its 24-hour trading volume fell 27.85% to $3,712,231,979.
Other Altcoins: The price of Solana (SOL) increased by 0.34% to $12.11.
Ripple (XRP) is up 1.01% to $0.3464. Its trading volume fell 22.68% to $627,061,550.
Cardano (ADA) rose 0.21% to $0.2533 and its 24-hour trading volume was $146,345,344.
Dogecoin (DOGE) rose 5.30% to $0.07704. Its 24-hour trading volume decreased by 0.07% to $404,863,976.
Shiba Inu (SHIB) price rose 1.05% to $0.000008383.
Decentralized Finance (DeFi)
Yearn.Finance (YFI) rose 1.09% to $5,625.59. Its 24-hour trading volume fell 18.01% to $11,488,609
Avalanche (AVAX) declined 1.17% to $11.70 and its 24-hour trading volume decreased 20.04% to $89,866,888
Aave (AAVE) traded with a loss of 1.28% at $55.44 and its 24-hour trading volume was $30.11 million.