The crypto market had notable ups and downs as bitcoin (BTC) topped the charts, rising 2.4% in 24 hours and marking an 18.4% increase over the past week. Bitcoin currently trades at $81,708.83, holding a hefty $1.6 trillion market cap, solidifying its position as the top digital asset. Meanwhile, ether (ETH), priced at $3,149.15, showed a slight 1.7% dip in 24-hour trading but managed a 27.1% increase over seven days. Ethereum’s $380 billion market cap secures it as the second-largest crypto.
Bitcoin
Tether (USDT), the third-largest crypto by market cap, holds steady at $1 with minimal shifts, affirming its stablecoin status and a $123 billion market cap. Solana (SOL) had a standout week, up 31.7% to $215.86, bolstered by its expanding ecosystem and utility. Binance coin (BNB) showed mixed performance, down 3.2% in the last day at $616.32, though it held a 9.6% gain over the week, indicating ongoing interest amid market fluctuations.
Ethereum
Dogecoin (DOGE), trading at $0.2851, saw a 15.4% increase over the last 24 hours, capped by a striking 81.8% weekly gain, fueled by renewed meme coin community enthusiasm and speculative trading. XRP dropped 4.5% in 24-hour trading to $0.5791 but posted a 13.3% weekly rise, reflecting a modest but steady gain. Cardano (ADA) took the lead in weekly growth with a 78.6% increase, now priced at $0.594.
Dogecoin
In other notable moves, shiba inu (SHIB) and sui (SUI) rose by 48.3% and 68.1% this week, attracting investors with their lower price points and potential for high returns. Lido’s wrapped ether (STETH) also mirrored ethereum’s gains in decentralized finance (defi), climbing 28.5% over seven days.
Some assets underperformed, including avalanche (AVAX), down 1.8% in 24-hour trading but up 34.5% over the week, now at $31.86. bitcoin cash (BCH) also had a modest weekly increase of 27% but saw a slight 1% drop in the past day, trading at $432.16.
The week’s varied performance reflects ongoing volatility and sustained interest as crypto prices climb higher. Bitcoin’s gains, along with key altcoins, suggest a potential continued upswing going forward. But traders are expecting a healthy reversal in the near future.
