bitcoin held above $87,000 even as most major tokens slipped, while trading activity spiked and broader markets stayed steady.
Crypto drifted lower into the weekend, but bitcoin stayed above $87,000 even as trading activity suddenly picked up.
What does this mean?
The CoinDesk Market Index fell 0.6% in the past day and the overall crypto market cap slipped 0.7% to about $2.95 trillion. bitcoin dipped roughly 0.2% to around $87,600, but its 24-hour trading volume more than doubled to about $43.6 billion – a sign that investors were actively rotating or hedging without forcing a big price move. Elsewhere, ethereum eased about 0.5% to roughly $2,930, while xrp, bnb, and solana were down around half a percent; dogecoin and cardano lagged. Meanwhile, US stocks were flat and Treasury yield..
