- Bitcoin holds firm above $103,000 as Ethereum and XRP surge.
- Altcoins show steady growth despite Dogecoin’s slight 24-hour decline.
- Crypto market sees renewed optimism with strong trading volumes worldwide.
The cryptocurrency market showed steady momentum in the past 24 hours, led by Bitcoin (BTC), which climbed 1.3% to trade at $103,350. The world’s largest digital asset maintained strong trading activity, with a 24-hour volume exceeding $61.9 billion.
Bitcoin’s continued rise highlights growing market confidence as investors keep accumulating amid improving sentiment across the sector.
Ethereum (ETH) also gained traction within the same period, advancing 1.7% to $3,389.33. The asset saw trading volumes surge to $35.3 billion, signaling renewed buying pressure. Its consistent 24-hour performance strengthened its market capitalization to $410.2 billion, maintaining its dominant position as the second-largest cryptocurrency.
Also Read: Ripple Secures $500 Million Investment, Valued at $40 Billion Globally
Altcoins Mirror Broader Market Strength
Altcoins followed the positive trend, with several recording notable 24-hour gains. XRP rose 3.8% to $2.33, supported by strong investor activity and increased demand from retail traders. BNB saw a modest 0.8% increase to $953.31, while Solana (SOL) climbed 1.2% to $159.56, extending its recent streak of double-digit weekly gains.
Similarly, Cardano (ADA) added 0.9% in 24 hours, trading at $0.5383. However, Dogecoin (DOGE) declined slightly within the same period, dropping 0.6% to $0.164 despite maintaining a 12.6% gain over the week.
The dip indicates minor profit-taking by traders following its recent rally. TRON (TRX), on the other hand, edged higher by 0.6%, trading at $0.2874, reflecting consistent performance among mid-cap tokens.
Top 24-Hour Movers Outperform Market Average
Among smaller-cap cryptocurrencies, several tokens posted exceptional 24-hour performances. Alchemix (ALCX) surged 135.7% to $15.37, driven by heightened trading activity totaling $230.7 million.
Sapien (SAPIEN) gained 104.6%, reaching $0.2526, while SOON rose 102.7% to $1.46. Other notable gainers included Giggle Fund (GIGGLE), which advanced 84.6% to $213.74, and Ore (ORE), which increased 44.1% to $209.42.
The past 24 hours brought moderate but steady growth across the cryptocurrency market. Leading assets such as Bitcoin, Ethereum, and XRP sustained upward movement, while altcoins showed consistent gains. Despite Dogecoin’s brief decline, overall sentiment remained optimistic, supported by strong trading volumes and growing investor participation across major tokens.
Also Read: Ripple’s IPO Value Tied to XRP Market Price? Researcher Explains How
