- Bitcoin hits $104,406.24 with 5.36% weekly gains; market cap at $2.06T despite trading volume dipping 32.41%.
- Solana surges 28.63% to $256.53; stable $124.8B market cap contrasts with 28.02% drop in trading activity.
- XRP climbs 8.55% to $3.18; strong $183.28B valuation persists despite a 42.82% trading volume decline.
The crypto market is witnessing a stellar week for U.S.-made altcoins, with Bitcoin, Solana, XRP, and Chainlink leading a bullish rally despite dips in trading volume.
Bitcoin Market Volatility and Liquidity Shifts
Source: Coinmarketcap
Bitcoin experienced a volatile market currently trading at $104,406.24 with a 5.36% increase. The peak price touched approximately $107,500 before a gradual stabilization around $104,000. Market metrics reveal a total market capitalization of $2.06 trillion and a 24-hour trading volume of $59.62 billion, reflecting high liquidity but a recent 32.41% decline in trading activity.
Solana’s Stellar 28.63% Rally Reaches $256 Despite Declining Activity
Source: Coinmarketcap
The graph above displays the 7-day price performance of Solana (SOL), showing a significant upward trend with a 28.63% increase, reaching $256.53. The market cap is relatively stable at $124.8 billion, with a minor 0.13% change, while the trading volume has decreased by 28.02%, indicating reduced activity despite the price rally. The circulating supply is 486.49 million SOL, and the price shows notable volatility with sharp peaks and corrections
XRP Climbs 8.55% to $3.18 as Trading Volume Plummets Over 42%
Source: Coinmarketcap
XRP’s price movement over the last 7 days, with a notable 8.55% increase, bringing the current price to $3.18. The chart reveals fluctuations with peaks reaching above $3.30 and dips to approximately $2.93, highlighting significant intraday volatility. Despite the price increase, the trading volume has dropped by 42.82% over the same period, indicating reduced market activity or investor interest. XRP’s market capitalization stands at $183.28 billion, representing a strong valuation but slightly declining compared to earlier days.
Chainlink Gains 18.33% Despite a Sharp Drop in Trading Activity
Source:Coinmarketcap
The graph depicts Chainlink (LINK) experiencing a robust price increase of 18.33% over the past week, currently trading at $25.47. The market cap sits at $16.25 billion, with a notable 5.36% decrease. The trading volume over the last 24 hours is $844.02 million, reflecting a sharp 44.64% drop. Despite this volume reduction, the price trend indicates strong bullish momentum,
