The cryptocurrency market had been trading with gains since Monday morning with Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Solana (SOL) on the rise.
The global crypto market rose 0.62% to $982.44 billion as of 8:30 a.m. ET. Trading volume increased by 9.61% to $48.54 billion, according to data from Coinmarketcap.
The trading volume in the decentralized financial coins section is approximately $3.58 billion, or 7.36% of the total 24-hour volume of the crypto market. The volume of all stablecoins is $45.21 billion, which is approximately 93.13% of the total crypto market volume in the last 24 hours.
The top winner was Ravencoin (RVN). It rose 8.05% to $61.29. The big loser was yearn.finance (YFI), down 3.49% to $9,448.27.
Bitcoin: BTC rose 0.3% to $19,860.22.
Bitcoin was trading with losses for most of September 4, but there were several buying attempts to push BTC out of the red zone and into the green zone. As a result, BTC trading has become volatile with frequent ups and downs. BTC, however, managed to break out of lows of $19,000 to break above $20,000 for a brief time around 5:34 a.m. on September 5.
Its lowest intraday trading price was $19,636.82, while its volume increased by 15% to $26,907,015,454.
Ethereum: Ethereum (ETH) price rose 1.4% to $1,576.29 in the past 24 hours through Monday morning.
ETH price managed to break out of the red zone around 2:09 a.m. on September 4 and has been trading with gains ever since. However, around 7:34 p.m., for about 8 minutes, ETH was back in red territory. Currently, ETH is trading near its day’s highest price level.
The lowest price for ETH today was $1,543.70. The trading volume of ETH increased by 6.63% to $9,585,892,786.
Other Altcoins: The price of Solana (SOL) rose 2.21% to $32.17 today.
Ripple (XRP) rose 0.2% to $0.3309 and its 24-hour trading volume increased 17.28% to $479,539,629.
Cardano (ADA) rose 2.44% to hit $0.4977. Cardano’s 24-hour trading volume fell 0.74% to $852,427,641.
Binance (BNB) rose 0.02% to $278.39. Its 24-hour trading volume increased by 7.31% to $532,774,579.
Dogecoin (DOGE) rose 0.28% to $0.0631. Its 24-hour trading volume increased by 16.33% to $251,132,475.
Shiba Inu rose 3.44% to $0.00001277.
Decentralized finance (DeFi)
Yearn.Finance (YFI) fell 3.49% to $9,448.27. Its 24-hour trading volume decreased by 26.24% to $47,043,994.
Avalanche (AVAX) fell 0.15% to $19.05 and its 24-hour trading volume rose 10.41% to $197,298,433.
Aave (AAVE) was trading with a 1.79% gain at $88.94 and its 24-hour trading volume was down 17.6% at $86,547,628.