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Bitcoin Still Stable While These 5 Altcoins Soar
The global cryptocurrency market on Saturday saw a widespread surge in prices. While Bitcoin (BTC) remained stable at $98,000, major altcoins such as ADA, XRP, and AVAX surged from 14% to 25%. However, the standout performers were Hedera (HBAR) and Stellar (XLM), which increased by 25% to 55% in the last 24 hours. Meanwhile, the global cryptocurrency market capitalization increased by 1.5%, reaching $3.33 trillion, even as trading volume decreased by 12%, reaching $219 billion. Let's take a closer look at the biggest developments of the day and the major trends. Bitcoin remains stable as Altcoin shines Bitcoin (BTC) maintained the level of $98,000 in the past 24 hours with little volatility. Ethereum (ETH) and Solana (SOL) also had no significant price fluctuations during the same period. However, XRP led the price increase group, up 14%. Popular meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) also recorded a 9% increase, maintaining their positive growth momentum. Bitcoin is traded at a low of $97,222 and a high of $99,655, with a market capitalization of $1.95 trillion and a 24-hour trading volume of $76 billion. Its dominance remains strong at 58.59%, maintaining its position as the largest cryptocurrency. Benefits of promoting optimism for organizations According to Sosovalue, Bitcoin ETF has seen $490 million poured into 12 funds, with BlackRock's IBIT fund leading with $513 million. Ethereum (ETH) also attracted $91.21 million into the ETF, with BlackRock contributing $99 million. However, Grayscale saw $19 million flowing out on Friday. The price of Ethereum remains at $3,333, with a weekly increase of 7%, reflecting strong short-term performance. SOL, XRP, and Meme Coins attract attention Solana (SOL), despite a slight 2% drop to $255, has shown an impressive 17.5% weekly growth. With a market capitalization of $121 billion, it holds the title of the fourth largest cryptocurrency globally. Meanwhile, XRP surged 15% to reach $1.566, marking a remarkable 200% growth in the past 30 days. Meme coins also show notable movements. Dogecoin (DOGE) increased by 9%, trading at $0.42, while Shiba Inu (SHIB) reflects this trend, reaching $0.00002698. However, other meme coins like PEPE, BONK, and WIF have decreased by 2% to 8%, indicating volatility in this segment. Those who achieve the most success in the day Stellar (XLM) has emerged as the top-performing cryptocurrency, surging 55% to $0.44. Its price fluctuated between $0.2766 and $0.4624, indicating significant momentum. Hedera (HBAR) followed with a 25% increase, reaching $0.1542, while Cardano (ADA) rose 24%, trading at $1.09. The rise of HBAR and XLM highlights the increasing confidence of investors in blockchain networks outside of Bitcoin and Ethereum. This shift reflects a broader demand for diverse cryptocurrency opportunities. Key Points from Today's Market The cryptocurrency market continues to evolve as Bitcoin maintains its position and altcoins show exceptional growth. Tracking trending assets such as HBAR, XLM, and XRP can provide valuable insights for investors.