Bitcoin | The world's largest and most popular virtual currency, Bitcoin, gained 4.8 percent to $26.988. Its market value stood at $523.9 billion. The trade volume was at $22.6 billion.

"Bitcoin is currently facing significant resistance near the $27,400 level, while finding support at around $26,400," said CEO and co-founder, Edul Patel, Mudrex.

Ethereum | The second largest virtual currency, Ethererum or Ether, gained 3.5 percent to $1,876.5 with a market capitalisation of $225.8 billion. The trade volume of Ethereum was $8.9 billion in the last 24 hours.

Dogecoin | Meme-based virtual currency, Dogecoin, rose 4.3 percent on Wednesday. Its market value stood at $9.7 billion. The trade volume was at $425.1 million.

Solana | Solana gained 2.3 percent to $20.2 with a market capitalisation of $8 billion. The trade volume of Solana was $441.6 million in the last 24 hours.

Shiba Inu | Shiba Inu rose half a percent with a market capitalisation of $4.8 billion. The trade volume was $101.8 million in the last 24 hours.

Polygon | Polygon, unlike its peers, fell 2.3 percent to $0.8 with a market capitalisation of $7.6 billion. The trade volume was $463.4 million in the last 24 hours.