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Bitcoin and Majors Show Little Change

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Major cryptocurrencies like #Bitcoin and ether have seen minimal changes recently. XRP and dogecoin were notable exceptions, with XRP’s surge linked to Grayscale’s new fund. Bitcoin is up more than 6% this week, marking its first weekly gain in three weeks. However, there has been a significant drop in trading above $100,000, with bitcoin down 33.6% and ethereum down 72.5% since their peaks earlier in the year.

Bitcoin and majors have seen slight declines over the past 24 hours, with few catalysts to sustain the rally in the middle of the week. BTC, ether, Solana's SOL, BNB Chain's BNB, and Cardano's ADA lost just under 1%, according to CoinGecko data. XRP and memecoin dogecoin were the only major tokens to remain solid in the green, climbing 5% and 4.5% respectively. The broad-based CoinDesk 20, a liquid index that tracks the largest tokens by market capitalization, rose 0.85%.

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