The global cryptocurrency market experienced a slight setback as the overall market capitalization dropped by 2.33 percent, now standing at $3.06 trillion. Total trading volume within the last 24 hours reached $69.36 billion, reflecting steady investor activity despite the market’s minor retreat.
Bitcoin maintained its dominant presence, contributing 61.23 percent to the total market cap while recording minimal price movement. Ethereum followed with a 7.14 percent market share, although it faced a modest decline during the same period.
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Meanwhile, TRON and VeChain emerged as notable movers, with TRON climbing by 0.54 percent and VeChain edging up by 0.35 percent. Their upward movements come at a time when most major cryptocurrencies recorded marginal losses or negligible gains.
Bitcoin Steadies Above $94K as Ethereum, Solana Display Resilience
Bitcoin, the leading digital asset, was priced at $94,290 after a slight 0.01 percent dip in 24 hours, while maintaining an 11.01 percent gain over the past week. Its trading volume reached $16.17 billion, indicating persistent strong demand even as broader market indicators flashed red.
Ethereum stood at $1,810, showing a daily decline of 0.18 percent but securing a robust 12.83 percent increase over the past seven days. The second-largest cryptocurrency reported a 24-hour trading volume of $10.39 billion, highlighting sustained investor interest.
Tether remained firmly pegged at $1.00, with no significant price fluctuations, reinforcing its position as a stablecoin leader. Its daily trading activity amounted to $18.24 billion, showcasing its importance in liquidity provision across exchanges.
Ripple’s XRP also maintained stability, priced at $2.18, and managed a weekly gain of 4.83 percent. BNB saw a minor daily rise of 0.07 percent to reach $601.71, while Solana experienced a marginal 0.02 percent drop but continued its positive weekly momentum with a 5.27 percent increase.
Besides, the global focus remains on top cryptocurrencies with market leaders showing mixed performances amid broader market uncertainty. Significantly, the current trend reveals that while market volatility persists, major assets like Bitcoin and Ethereum continue to provide relative stability.
Conclusion
The global cryptocurrency market saw a slight contraction, but leading digital assets like Bitcoin and Ethereum showed resilience. Trending tokens such as TRON and VeChain provided a bright spot amid cautious trading activity, suggesting sustained underlying market interest.
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