The cryptocurrency market is still unstable, with Bitcoin (BTC), Ethereum (ETH), and various significant altcoins experiencing fluctuations due to global economic factors and investor mood. Currently, Bitcoin is priced at $95,318.97, reflecting a 0.38% decrease in the last 24 hours. The overall market capitalization of Bitcoin is at $1.89 trillion, and its daily trading volume has hit $40.31 billion. Even with this minor decline, Bitcoin remains a dominant force in the market, capturing investor interest as the premier digital currency.
Meanwhile, Ethereum (ETH) has seen a modest 0.10% increase, trading at $2,687.57. The total market cap of Ethereum is currently $324.01 billion, with a daily trading volume of $23.22 billion. Ethereum remains a strong player in the decentralized finance (DeFi) and smart contract space, keeping it attractive for institutional and retail investors alike.
The altcoin market has seen mixed trends, with some assets surging while others experience notable losses. XRP (XRP) is down 2.83%, trading at $2.53, with a market cap of $146.42 billion. Legal and regulatory developments surrounding Ripple continue to impact XRP's price movements. BNB (BNB), the native token of Binance, has dropped 0.69% to $652.39, maintaining a market cap of $92.95 billion.
Solana (SOL) has suffered a 3.96% decline, now priced at $166.70. The total market capitalization of Solana stands at $81.43 billion, with a trading volume of $6.64 billion. Solana, known for its high-speed blockchain transactions, has recently faced selling pressure, mirroring the broader market downturn.
Among the stablecoins, Tether (USDT) and USD Coin (USDC) remain steady, both pegged at $1.00 with minimal fluctuations. Tether's trading volume has surged to $87.13 billion, reflecting its strong liquidity in the market.
Meme coins have also experienced minor setbacks. Dogecoin (DOGE) is currently trading at $0.2511, reflecting a 0.76% drop. Despite its volatility, Dogecoin remains a popular asset among retail traders. Shiba Inu (SHIB) has fallen 1.02%, now valued at $0.0000152, with a market cap of $8.95 billion. These meme-based cryptocurrencies continue to be driven by community hype and speculative trading.
Cardano (ADA) has suffered a 5.82% loss, bringing its price down to $0.7421. With a market capitalization of $26.15 billion, Cardano remains a key player in blockchain innovation. TRON (TRX), on the other hand, is among the few gainers today, rising 1.77% to $0.2431, maintaining a market cap of $20.93 billion. Chainlink (LINK), widely used for decentralized oracles, has dropped 4.39%, trading at $17.66.
While most major cryptocurrencies are experiencing declines, Litecoin (LTC) has been a standout performer, surging 7.48% to $131.56. Litecoin's market cap is $9.94 billion, with an impressive trading volume of $1.65 billion. This upward trend comes as the Litecoin network continues to see increased adoption and transactional growth.
Another notable gainer is MANTRA (OM), which has surged 5.41%, reaching $7.64. With a market cap of $7.44 billion, MANTRA's rise suggests growing investor interest in staking and governance-focused cryptocurrencies.
Among today's biggest losers, Avalanche (AVAX) is down 3.74%, trading at $23.27. The market cap of AVAX stands at $9.63 billion, reflecting ongoing market correction. Polkadot (DOT) has also seen a 1.02% decline, now priced at $4.74. Meanwhile, Uniswap (UNI) has dropped 1.68%, trading at $9.48, despite its dominance in the decentralized exchange (DEX) market.
Bitcoin Cash (BCH) is trading at $314.44, down 1.62%, as investor interest fluctuates. Hedera (HBAR) has also experienced a 1.26% decline, trading at $0.2059, with a market cap of $8.63 billion. Additionally, Bitget Token (BGB) has suffered a 4.62% drop, bringing its price down to $4.81.
The cryptocurrency markets keep displaying some sort of volatility, but macroeconomic factors, institutional involvement, and regulation have pushed them forward. Although dominant in the sectors of Bitcoin and Ethereum, the broader altcoin market has shown differing trends, with various assets rising and then going through some kind of correction.
The one thing that continues to keep the market vibrant is increasing institutional interests and technological developments within blockchain networks. Investors should always keep an open eye for price movements in the market since digital assets are becoming and remain highly speculative everywhere across the globe and change drastically in a very short period of time.