The crypto market is volatile and most of us can’t predict how will it perform next. The market had been declining since its crash on January 6, 2022, and December 3, 2021. However, it tried to rebound several times but declined further. In contrast, the crypto market is again in the ‘green’ and most cryptocurrencies are gaining significantly.
Crypto market’s ‘green’ performance
Bitcoin (BTC), the largest cryptocurrency, gained as much as 8.16% and traded at $36,335.07 at 7:33 a.m. ET. The market capitalization stood at $688 billion, up by a huge 8.16%. Moreover, the 24-hour trading volume increased by 37.78% to $42.05 billion.
Ethereum (ETH), the second-largest digital token, gained slightly. It was up by a massive 9.48% and traded at $2,430.28 at 7:34 a.m. ET. The market capitalization stood at $289 billion, up by 9.49%. Moreover, the 24-hour trading volume increased by a huge 27.70% to $23.7 billion.
Solana (SOL), another significant crypto, gained 10.47% and traded at $92.01 at 7:39 a.m. ET. The market capitalization stood at $28.9 billion, up by 10.53%. Moreover, the 24-hour trading volume increased significantly. It rose 15.18% to $3.7 billion.
Cardano (ADA), the Yoroi wallet hero, surged 4.75% and traded at $1.03 at 7:38 a.m. ET. The market capitalization stood at $34.4 billion, up by 4.78%. Moreover, the 24-hour trading volume increased substantially. It gained by a modest 17.44% to $2.7 billion.
Avalanche (AVAX), the crypto that surged the second most last year in November, gained a massive 15.45% and traded at $64.76 at 7:45 a.m. ET. The market capitalization stood at $15.7 billion, up by 14.07%. Moreover, the 24-hour trading volume increased significantly. It rose by 23.95% to $1.9 billion.
The meme-frenzy cryptos Dogecoin (DOGE) and Shiba Inu (SHIB), gained 10.68% and 12.19%, and traded at $0.1399 and $0.00002117 at 7:47 a.m. ET, respectively. Shiba Inu’s huge gain made it trend on Twitter today.