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In line with yesterday, most major cryptos showed green on the charts on 15 July, 2022. According to Coinmarketcap, the global crypto market cap recovered over 3% to $925 billion. Latest numbers suggest, total cryptocurrency trading volume in the last day is at $75.64 Billion. The total volume in DeFi is currently $6.73B, 8.90% of the total crypto market 24-hour volume.

The volume of all stable coins is now $63.43B, which is 83.86% of the total crypto market 24-hour volume. So continuing from yesterday’s recovery streak, all major cryptos, including most of the heavyweights managed to post positives over the past 24 hours.

Bitcoin (BTC) was up another 2%, currently trading around $20,500 while Ethereum was up a staggering 7.88% as of writing this, trading just shy of $1200. Apart from these, many other smaller altcoins also managed to post healthy returns over the past 24 hours.

Quant’s QNT jumped a massive 26% to $105. QNT, over the past week has managed to rake in returns over 62%! Other alts like Compound (COMP), Uniswap (UNI) and Aave (AAVE) jumped 15%, 14% and 13.5% respectively at the time of writing. Again, much like yesterday – the high correlation of altcoins with Bitcoin has resulted in a broad base recovery in the crypt market.

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Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She's currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

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