Crypto-based cryptocurrencies back in the green, Binance up by 50 pc

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Crypto-based cryptocurrencies back in the green, Binance up by 50 pc

The price of cryptocurrencies is back in the green this Tuesday morning. The global criptocurrency market cap has gone up 3.67 per cent and the global market cap is $957.05 billion, albeit still lower than the $1 trillion mark. The total market volume for the last 24 hours is $79.13 billion, a whooping 50 per cent increase from Monday's levels. The total market volume of stable coins is $73.11 B, 91.71 per cent of the 24 hour volume.

Over the last 24 hours,BNB,Ethereum, andBNB are back in the green.

It is up by 4.76 per cent and is trading at $19,786. The native criptocurrency of the network ofEthereum has gained 5.18 per cent and is trading at $1,371. The nativeBNB, a Binance Smart Chain, saw an increase of 2.14 per cent.

Stablecoins did not show much volatility and remained pegged to $1.

The USDT stable coin fell 0.01 per cent in value over the last 24 hours and is trading at $1. The USDC stablecoin slipped 0.01 per cent and is trading at $1.

Stablecoin DAI gained 0.07 per cent and is trading at $1. Over the last 24 hours, the value of BinanceUSD or BUSD has gone up by 0.06 per cent. The stable coin is trading at $1.

Unlike Solana, Avalanche and Cardano, cryptocurrencies native to Layer 1 networks have shown positive movement, while Ripple has shown negative momentum over the last 24 hours.

The SOL of Solana saw a 6.55 per cent increase in the trend, while Avalanche's AVAX gained 3.22 per cent. Cardano's ADA showed a 2.25 per cent increase.

The DOT token has gone up by 5.51 per cent and Polygon's MATIC token has gone up by 3.66 per cent over the last 24 hours.

The positive momentum was shown by the meme coin. Doge coin is up 0.86 per cent, while meme criptocurrency Shiba Inu has gained 1.62 per cent over the last 24 hours.

The last 24 hours, the majority of the topcryptocurrencies have seen an uptrend from their previous positions.