BTC is in the news as the crypto charts show various trends among the top tokens. BTC leads while other tokens show different patterns. Bitcoin maintains its leadership position through a firm hold, while Ethereum, along with multiple other altcoins, demonstrates a slight decline.
Bitcoin (BTC) and Ethereum (ETH): Giants with Diverging Momentum
The current price value of Bitcoin (BTC) sits at $84,483.95 with a 0.88% weekly rise. This digital currency leads the market using a market valuation of $1.67 trillion and 19.85 million BTC presently in circulation. BTC Trades $15.48 billion per day, while its 7-day price movement suggests positive consolidation patterns.
The market value of Ethereum (ETH) stands at $1,577.59. Its weekly trend shows modest declines at -0.08%. The market capitalization of ETH currently sits at $190.42 billion, s while 120.7 million tokens exist in circulation, with investors displaying a wariness according to the 7-day price trend.
Stablecoins Stay Stable: Tether and USDC
The stablecoin Tether (USDT) maintains its position as the most popular token by holding a price of $0.9999. Trading pairs and market liquidity gain vital support from the substantial $37.2 billion trading volume of this platform within 24 hours. The total circulating USDT tokens amount to 144.64 billion.
USDC demonstrates zero price fluctuation during this week by remaining at exactly $0.9999. The USDC stablecoin maintains its position as a trusted option because its market cap exceeds $60.9 billion, and its daily trading volume numbers reach $4.4 billion. The DeFi platforms incorporate USDC as one of their primary stablecoins because it currently maintains 60.9 billion tokens in circulation.
Altcoins Mixed: XRP, BNB, and Solana
XRP currently sits at $2.05. The current market value of XRP reaches $119.96 billion, while its circulating supply makes up 58.39 billion tokens. BNB demonstrates stability through its current price of $589.55. The stable market situation for BNB is confirmed through its market cap of $83.06 billion, while it operates with 140.89 million circulating tokens.
Solana (SOL) faced an impressive weekly climb of 6.29%, which positioned it as the top performer among cryptocurrencies. The crypto asset is trading at $137.31. Analysts observe strong momentum from SOL because its market cap amounts to $70.95 billion and its circulating supply currently stands at 516.75 million tokens.
Under the Radar: TRON, Dogecoin, and ADA
The cryptocurrency has registered a weekly gain of 0.99%. The current circulating supply stands at 94.94 billion TRX, and the total market value of the asset reaches $23.24 billion. The TRX market shows a gradual upward movement in its price trends.
During the week, Dogecoin (DOGE) suffered minor setbacks, leading to its poor performance in the market. The trading price stands at $0.1545 after a 4.63% depreciation during the week. The total market value of DOGE amounts to $23 billion while its supply reaches 148.93 billion coins.
ADA or Cardano occupies the tenth spot on the cryptocurrency list with a trading value of $0.6163. ADA has experienced a 3.63% drop in the weekly time span. The market capitalization stands at $21.74 billion while the circulating ADA tokens reach 35.29 billion.
Source: https://blockchainreporter.net/from-btc-to-ada-heres-how-the-top-cryptos-performed-this-week/