From BTC to ADA: Here’s How the Top Cryptos Performed This Week
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.
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