Sneak Peaks
- Bitcoin crosses $109k mark as market momentum builds across major cryptocurrencies.
- Ethereum, Solana, and Dogecoin lead the top gainers with strong weekly performance.
- Altcoins surge as smaller tokens like IMAGE and NOBODY post double-digit growth.
Bitcoin (BTC) extended its upward movement on Thursday, trading above $109,000 with a 24-hour gain of 2.4 percent. The cryptocurrency maintained a market capitalization of over $2.17 trillion, showing a 1.6 percent rise over the past seven days.
Despite a quiet hourly change of 0.1 percent, BTC held its dominance in a steadily climbing market.
Ethereum (ETH) had a good day. It increased by 6.2 percent within 24 hours to 2,597.29. The second-largest crypto increased by 4.9 percent week-on-week. ETH trading volume exceeded 24.5 billion, which increased its market cap to 313 billion.
Solana (SOL) followed suit as it had a smashing performance when it clocked its trade at $155.37, having gained 4.1 percent in the previous 24-hour period. SOL closed the week with a 7.5 percent rise. Its share capitalization rose to 83 billion as more people invested and kept the momentum.
Dogecoin (DOGE) has increased 7.9 percent consecutively in the last 24 hours. It sold at $0.1739 and recorded a market cap of more than 26 billion dollars. An increase in trading volume to more than 1.5 billion was a sign of another surge of enthusiasm in the meme coin.
Also Read: Ripple Distances Itself From Embattled Firm Linqto Amid Share Price Manipulation Scandal
Altcoins Show Broader Strength as XRP and BNB Follow
XRP posted a 3.8 percent 24-hour gain, pushing its price to $2.27. Its market cap climbed to $134.13 billion, while weekly growth remained at 3.7 percent. BNB (BNB) traded at $661.33 with a 1.3 percent increase and a market cap of $96.47 billion.
Tron (TRX) and Lido Staked Ether (STETH) both saw modest gains. TRX rose 0.9 percent to $0.2836, and STETH climbed 6.1 percent to $2,595.51. These movements further signaled positive investor sentiment across major crypto assets.
Smaller Tokens Rally with Notable Double-digit Gains
Imagen Network (IMAGE) led the daily gainers, jumping 135.2 percent to $0.02414. Nobody Sausage (NOBODY) rose 70.8 percent to $0.03425, while Moo Deng (MOODENG) increased 49.6 percent to $0.2075.
Hosico Cat (HOSICO) and Coinmetro (XCM) equally performed well, reporting 45.3 percent and 44.8 percent, respectively. These performances attracted interest in the rising popularity of low-cap assets.
Bitcoin’s stable rise above $109K set the tone for a broader market rally. Ethereum (ETH), Dogecoin (DOGE), and Solana (SOL) were the leaders in the weekly increase due to increased investor feedback on the cryptocurrency market.
Also Read: Binance CEO Warns of Massive Crypto Surge as Retail Invasion Looms
