There have been major ups & downs in the crypto market in the last five days. Major tokens. Bitcoin is slowly rising again while other altcoins are gaining some momentum.Bitcoin (BTC) is inching closer to the $114K resistance level, and Ethereum (ETH) is showing signs of a potential breakout above $4,200. Meanwhile, other top cryptocurrencies like Chainlink (LINK), Avalanche (AVAX), Stellar (XLM), TRON (TRX), and stablecoins USDT and USDC are also in focus.
Bitcoin’s Movement So Far Today
Bitcoin price today is trading at $113,015.92, holding steady above the $113K mark. BTC has gained 0.75% in the last 24 hours and is up 4.35% over the past week.
“Bitcoin continued its upward momentum, trading close to $114,800 as market sentiment improved with gold hitting new all-time highs. Historically, Bitcoin has followed gold’s trajectory, as both assets are seen as safe havens. At the same time, whales continue to support the price action with transfers of over 3900 BTC in a day, suggesting potential big moves ahead. Meanwhile, Ethereum is also gaining momentum, trading above $4,200. If bulls manage to hold above this level, the market could see a strong surge in the coming days, setting the stage for Ethereum to retest higher levels.” said Edul Patel, CEO of Mudrex.
How are the altcoins performing?
Ethereum: ETH is trading today at $4,157.92. ETH has shown a 1.25% rise in the past 24 hours, though it is still down 5.39% over the last 7 days.
XRP and Binance Coin: XRP price today stands at $2.85, giving it a market cap of $170.25 billion. XRP has dipped 0.48% in the last 24 hours but remains up 2.54% weekly. On the other hand, Binance Coin (BNB) has impressed investors, trading at $1,009.56 with a market cap of $140.62 billion. BNB has surged 17.65% over the past week, making it one of the best-performing large-cap tokens.
Chainlink (LINK) and Avalanche (AVAX): Chainlink price today is $21.44, with a market cap of $14.51 billion. LINK is down 7.63% weekly, despite minor daily gains. Meanwhile, Avalanche (AVAX) Coin is trading at $29.61 with a market cap of $12.51 billion. AVAX is up a massive 26.48% in the past month, making it one of the top altcoin performers.
Stellar (XLM), Sui (SUI): Stellar (XLM) is priced at $0.3654 with a market cap of $11.59 billion, showing steady growth of 3.57% over the past week. Sui (SUI) trades at $3.21 with a market capitalisation of $11.47 billion, though it has seen a 1.16% weekly dip. Other tokens like Hyperliquid (HYPE) and Ethena USDe (USDE) also made notable moves in the crypto charts.
Solana (SOL) and Dogecoin (DOGE): The Solana price today is $206.64, with a market cap of $112.46 billion. SOL has fallen 3.25% weekly, though it still shows positive monthly gains. Meanwhile, Dogecoin (DOGE) is priced at $0.2297, slipping 3.31% in the past 7 days. Despite the dip, DOGE has gained 7.43% in the past month, fuelled by retail investor activity.
Cardano (ADA) and TRON (TRX): Cardano (ADA) is currently trading at $0.7888 with a market cap of $28.84 billion. ADA has dipped 2.83% over the past week, reflecting cautious sentiment. TRON (TRX), meanwhile, is priced at $0.3369 with a market cap of $31.89 billion, posting a modest 0.94% gain in 24 hours. TRON continues to maintain strong usage in blockchain payments and stablecoin transfers.
Tether (USDT) and USDC: Stablecoin Tether (USDT) is trading at exactly $1.00 with a massive market cap of $174.73 billion. Similarly, USD Coin (USDC) is pegged at $0.9995 with a market capitalisation of $73.41 billion. These stablecoins act as safe havens for traders during volatile crypto market swings.
Top Gainers & Top Losers Today
“The start of the week has been extremely bullish for the Bitcoin price rally as the token surged above $114,000 and inched close to the psychological barrier at $115,000. The broader market sentiments have also risen above fear as Ethereum reaches $4200 and Binance Coin reaches above $1000.The top gainers for the day are Lido DAO & Zcash, with over 6% rise each, followed by Mantle by over 5% and Quant by over 3.7%. On the other hand, Story drops over 11%, followed by World Liberty Financial by over 7% each, and Hyperliquid by 6%.” as per CoinDCX Research.
Crypto Market Analysis & Outlook
“The crypto market has crossed the $4T market cap, showing strength alongside stocks and gold as lower interest rates fuel liquidity flows. Bitcoin outflows from exchanges suggest investors are holding rather than selling, while last week’s liquidation cleared weaker hands and left stronger holders in control. October’s historical seasonality supports a bullish Q4 outlook, with traders optimistic on both macro and seasonal tailwinds. BTC holding above $114K keeps momentum intact, while a breakout above $115K could open room for further upside. However, a retest near $111K remains possible due to the CME gap.” CoinSwitch Markets Desk.
