Cryptocurrency Prices, Trading Updates Today: Bitcoin, Ethereum Fall, FLOW Top Trending Crypto

The biggest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), were trading with gains on Tuesday morning. Meanwhile, today’s top trending crypto was Flow (FLOW).

The global crypto market capitalization fell 3.93% to $1.08 trillion as of 8:50 a.m. Global crypto volume fell 5.45% to $67.94 billion, according to data from Coinmarketcap.

The trading volume in the decentralized finance coins section is approximately $7.36 billion, or 10.83% of the total 24-hour crypto market volume. The volume of all stablecoins is $62.79 billion, which is approximately 92.42% of the total crypto market volume in the last 24 hours.

Bitcoin (BTC)

From 8:50 a.m., Bitcoin fell 3.94% to $22,917.21 and currently holds a 40.48% dominance in the crypto market.
As for the price analysis, the price of BTC started to decline around 2:44 PM on August 9th and with every passing hour it touched new lows. BTC seems to have bounced back a bit this morning from its 24-hour low but still remains in the red zone. The lowest price touched by BTC was $22,771.52.

Ethereum (ETH)

Ethereum price this morning was $1,677.61 and it was down 5.34%.
ETH touched red territory once around 12:19 a.m. on August 9 but rebounded almost immediately to create a new high at $1,786.12. However, around 2:44 p.m. (the same time BTC began to fall), ETH began its descent. Just like BTC, it has touched a new low with each passing hour. The 24-hour low price for ETH was $1,665.09

The trading volume of ETH edged up 1.23% to $17,294,919,015.

Other Altcoins

Solana’s price today was down 6.41% at $39.48.

Cardano (ADA) fell 4.51% to $0.5071. The 24-hour trading volume for ADA decreased by 28.37% to $642,917,979.

Binance (BNB) fell 2.79% to $315.23. Its 24-hour trading volume rose 0.57% to $1,238,028,065.

meme pieces

Dogecoin (DOGE) fell 3.24% to $0.06806. Its 24-hour trading volume increased by 60.59% to $650,396,479.

Shiba Inu (SHIB) fell 2.99% to $0.00001192.

Decentralized finance (DeFi)

Yearn.Finance (YFI) fell 3.18% to $11,067.28. Its 24-hour trading volume increased by 7.76% to $77,606,015.

Avalanche (AVAX) was down 0.94% at $27.72 and its 24-hour trading volume was down 20.16% at $794,470,663.

Aave (AAVE) traded with a loss of 6.17% at $96.61 and its 24-hour trading volume was down 34.09% at $232,309,433.


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