On Saturday, the global crypto market witnessed remarkable price movements as bullish momentum was triggered. While Bitcoin (BTC) remained stable at $98,000, major altcoins such as ADA, XRP, and AVAX gained between 14% and 25%. Hedera (HBAR) and Stellar (XLM), in particular, were among the top performers, increasing between 25% and 55%, respectively, in the last 24 hours.
As a result of these developments, the total value of the global crypto market increased by 1.5% in the last 24 hours, reaching $3.33 trillion, while the market volume decreased by 12% compared to yesterday, falling to $219 billion. Now, let's take a look at the price movements of the largest cryptocurrencies by market value.
Bitcoin (BTC),$BTC
It continues to trade steadily at $98,000 over the past 24 hours. Ethereum (ETH) and Solana (SOL) have similarly not changed significantly during this time. However, XRP is the leader among rising coins, gaining 14%. Popular meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are showing positive momentum, up 9%. Bitcoin is currently trading at $98,550, with intraday lows and highs of $97,222 and $99,655, respectively. Bitcoin’s market cap is $1.95 trillion, and its 24-hour trading volume is $76 billion. According to Sosovalue data, a total of $490 million has been invested in BTC ETFs across 12 funds, with BlackRock’s IBIT fund leading the way with a $513 million contribution. Bitcoin still remains the largest cryptocurrency with a market dominance of 58.59%.
Ethereum (ETH)$ETH
, continues to trade at $ 3,333 and has not changed significantly in the last 24 hours. The lowest and highest levels during the day are $ 3,262 and $ 3,428, respectively. ETH has increased by 7% in the past week and has shown a positive performance in the short term. Ethereum's market value is $ 400 billion, and its 24-hour trading volume is $ 38 billion. ETH ETFs received $ 91.21 million inflows, while BlackRock continued its leadership with a $ 99 million contribution. Grayscale ETF experienced an outflow of approximately $ 19 million on Friday.
Solana (SOL)$SOL
It is trading at $255, down 2% in the last 24 hours. Its lowest and highest levels during the day are $252 and $263, respectively. SOL is up 17.5% in the past week and currently holds the title of the world’s fourth-largest cryptocurrency with a market cap of $121 billion and a trading volume of $7 billion.
XRP is up 15% in the last 24 hours, rising to $1,566. Its intraday lows and highs are $1,367 and $1,621, respectively. XRP is up 75% in the last week and 200% in the last 30 days, which is a remarkable performance.
Looking at meme coins, Dogecoin (DOGE) is trading at $0.42, up 9%, with intraday lows and highs of $0.3858 and $0.4296, respectively. Shiba Inu (SHIB) is trading at $0.00002698, up 9%, with intraday lows and highs of $0.00002437 and $0.00002749, respectively. However, other meme coins such as PEPE, BONK, and WIF are down between 2% and 8% in the past 24 hours, indicating the volatility in the meme coin market.
Stellar (XLM) is trading at $0.44, up 55% in the last 24 hours. Its intraday low and high were $0.2766 and $0.4624 respectively, indicating significant volatility and strong market momentum. Hedera (HBAR) is up 25% and is currently trading at $0.1542. Its intraday low and high ranged between $0.1275 and $0.1681 respectively. Cardano (ADA) is up 24% to $1.09, with its intraday low and high recorded at $0.85 and $1.137.
As a result, the performance of major altcoins in the crypto market on Saturday showed a remarkable increase, while leading cryptocurrencies such as Bitcoin and Ethereum followed a calm course.