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Bitcoin trades near $40,000; Solana, Tron rise up to 3%

Majority of the crypto tokens were trading marginally higher on Thursday, but the upside was capped. Solana gained about 3%, whereas Tron rose 2.6%. Dogecoin plunged about 2.4%, whereas Ethereum and BNB also dropped. At 11.44 a.m., Bitcoin was trading 0.35% higher at $39,953, while Ethereum was down 0.43% at $2,218. The global cryptocurrency market cap rose 0.11% to around $1.55 trillion in the last 24 hours. However, the total trading volume declined more than 30% to $50.79 billion. The total volume in DeFi is currently $4.2 billion, 8.26% of the total crypto market 24-hour volume. The volume of all stablecoins is now $46.48 billion, which is 91.52% of the total crypto market 24-hour volume.

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