New Delhi, March 20. The cryptocurrency market saw a decline on Sunday. The global market cap of cryptocurrencies fell to $1.86 trillion, down 1.92 percent from the previous day.
According to Coinmarketcap, the trading volume of the crypto market in the last 24 hours was $80.08 billion, which is a decrease of 5.23 percent. The total volume of Decentralized Finance (DeFi) currently stands at $13.89 billion, which is 17.34% of the total 24-hour crypto market volume. All stablecoins are valued at $66.97 billion, which is 83.63% of the total 24-hour volume of the crypto market.
Bitcoin, the largest and most popular cryptocurrency by market cap, is trading down 1.3% to a little over $41,450. Bitcoin dominance is currently at 42.17%, which is a 0.26% increase over the day.
Ether, BNB, Solana, Cardona and Avalanche fell between 2-5% in altcoins, while Tether, USD Coin, XRP and Terra saw a flat 1 percent fall.
Apcoin is trending in the market this week. Earlier this week, board app Yacht Club NFT Collection launched its own cryptocurrency, Apcoin. Apcoin is currently down more than 20%, retracing from its March 17 level, when the coin quickly reached the top 100 crypto world. On Sunday, Apcoin was out of the top 40 clubs and ranked 46th by market cap.
As of March 17, Apcoin had a market cap of close to $4.1 billion making it the 33rd largest crypto token in the world.
Story first published: Sunday, March 20, 2022, 23:06 [IST]