Bitcoin Stays Steady As Altcoin Market Sees Turbulence

Bitcoin’s price remained stable, reaching a level of $104,959 after a slight 0.6% gain in the past 24 hours. Despite fluctuating market trends, Bitcoin continues to hold its position as a top performer this week with a 4.3% increase. Ethereum, on the other hand, experienced a decline, falling by 0.9% and 3% over the last week to $2,494, although it maintained one of the highest trading volumes at over $11.4 billion. XRP saw a slight 0.1% rise reaching $2.17 for the day, but its overall price experienced a 7.7% drop over the week due to mixed market sentiment. Meanwhile, BNB rose by 0.3% on the last day, touching $657.08, but short-term trading caused a 2.4% decline over the week, hindering its performance. Solana’s price also experienced an increase of 0.3%, reaching $155.54, though its weekly performance fell by 12.5% as part of the broader market downtrend. The mid-cap tokens are taking center stage during this market shake-up. INC saw a dramatic surge of 108.7% to reach $0.02761 and FLOCK jumped 82% to $0.28, with trading volume exceeding $249 million. Layer3 (L3), Tokamak Network (TON), and Keeta (KTA) also saw notable gains of 41.9%, 31.1%, and 31.7% respectively. These increases reflect growing investor interest in alternative assets with high volatility and rapid potential for gains, especially amid uncertainty in the larger crypto markets.