Despite the mild pullback, trading activity remains elevated, with 24-hour volume at $116.18 billion.
The crypto market is slightly lower today, with total market capitalisation slipping by 0.5% over the past 24 hours to $3.04 trillion, remaining just above the $3 trillion level. Despite the mild pullback, trading activity remains elevated, with 24-hour volume at $116.18 billion.
TLDR:
* The crypto market cap slipped 0.5% over the past 24 hours to $3.04 trillion;
* Most top assets traded lower, with BTC down 0.5% to $87,337;
* Onchain data shows continued aggressive ETH accumulation by large players;
* Bitwise CIO Matt Hougan expects a decade-long Bitcoin uptrend with lower volatility;
* Technicals show BTC holding key support at $85,000-$86,000;
* The Crypto Fear and Greed Index holding at 30 in the fear zone;
* US Bitcoin spot ETFs saw $275.88 million in net outflows;
* US Ethereum spot ETFs recorded $38.7 million in outflows;
* Nasdaq-listed ALT5 Sigma came under scrutiny after reports that its newly appointed auditor lacks an active license.
Crypto Winners & Losers
At the time of writing, most top assets are trading in the red, reflecting cautious sentiment across the market.
Bitcoin (BTC) is down 0.5% on the day, currently trading at $87,337, while its weekly performance shows a steeper 3.1% decline. Bitcoin’s market cap stands at $1.74 trillion, with more than $44.7 billion traded in the past 24 hours.
Ethereum (ETH) is also lower, slipping 0.2% in the last 24 hours to $2,931, extending its seven-day loss to nearly 4%. ETH recorded close to $25 billion in daily trading volume, maintaining its position as the second-largest crypto asset by market cap at $354 billion.
Among the rest of the top 10, BNB (BNB) declined 0.6% to $850, while XRP (XRP) edged down 0.1% to $1.86.
Solana (SOL) fell 0.5% to $123.81, continuing a broader weekly downtrend of 2.6%. Dogecoin (DOGE) posted the steepest weekly loss in this group, down 7.3%, despite only a modest 0.4% dip over the past day.
Tron (TRX) limited losses to 1% in the past 24 hours, trading at $0.281, making it one of the more resilient large-cap tokens today.
On the upside, select altcoins outperformed the broader market. TokenFi surged 66.4%, while ZEROBASE climbed 68.2% over the past 24 hours. The White Whale also posted strong gains, rising 57.1%.
Trending tokens include Neiro, Bitcoin, and OVERTAKE, with OVERTAKE standing out after jumping more than 31% on the day.
Meanwhile, Trend Research withdrew 20,850 ETH, worth $63.28 million, from Binance on Sunday and immediately borrowed an additional $40 million in USDT through the lending protocol Aave, which indicates continued aggressive accumulation as Ethereum trades near $3,000.
