On April 29, the cryptocurrency market experienced a broad rally, with Bitcoin leading the charge, breaking through the $95,000 mark, and significantly increasing market trading activity. Below are the key data and market dynamics for the day:
Market Overview
Bitcoin (BTC) is currently priced at $94,561, with a 24-hour increase of 2.42%, a weekly increase of 8.73%, and a market cap approaching $1.89 trillion, with a 24-hour trading volume exceeding $31.1 billion.
Ethereum (ETH) is performing strongly, currently priced at $1,792, with a weekly increase of 14.91%, and a market cap rising to $217.1 billion, showing strong growth momentum.
Market Highlights
1. Institutional Dynamics: Investment institutions like Strategy continue to increase their BTC holdings, and several institutions have launched new products related to cryptocurrencies.
2. Ecological Progress: Mainstream public chain cooperation projects are accelerating implementation, and Layer 2 solutions have achieved new breakthroughs.
Performance of mainstream coins
Solana (SOL): Current price $147.25, weekly increase 8.17%, market cap $76.6 billion.
Ripple (XRP): Current price $2.28, daily increase 2.48%, weekly increase 10.59%, market cap $13.4 billion.
Market Observation
The current market is showing a rising trend in both volume and price, with institutional funds continuously entering, prompting a valuation recovery of major cryptocurrencies. Technical indicators show that BTC has broken through key resistance levels, ETH benefits from ecological development and maintains strength, while small and medium-cap tokens follow suit in a broad market rally. Investors need to pay attention to the Federal Reserve's policy direction and the impact of institutional holdings changes on the market.
Currently the coin with the highest increase
1. TOKEN
Price: US$0.02356, 24-hour yield: 60%
2. VIRTUAL
Price: US$1.486, 24-hour yield: 38%
3. REX
Price: US$0.02061, 24-hour yield: 37%
4. ALPACA
Price: US$0.25326, 24-hour yield: 35%
Performance of other mainstream coins
1. Binance Coin (BNB)
Price: US$605.46, 24-hour yield: 0.6%
2. USD Coin (USDC)
Price: US$0.9999, 24-hour yield: 0.0%
3. Dogecoin (DOGE)
Price: US$0.179, 24-hour yield: 1.7%
4. Cardano (ADA)
Price: US$0.705, 24-hour yield: 1.3%
5. Tron (TRX)
Price: US$0.2493, 24-hour yield: 2.2%
6. Lido Staked Ether (STETH)
Price: US$1,793.86, 24-hour yield: 1.3%
7. Wrapped Bitcoin (WBTC)
Price: US$94,815.75, 24-hour yield: 1.5%
8. Sui (SUI)
Price: US$3.56, 24-hour yield: 2.9%
9. Chainlink (LINK)
Price: US$15.14, 24-hour yield: 4.8%
10. Avalanche (AVAX)
Price: US$21.90, 24-hour yield: 2.3%
11. Stellar (XLM)
Price: US$0.2836, 24-hour yield: 0.8%
12. Toncoin (TON)
Price: US$3.28, 24-hour yield: 1.1%
13. Shiba Inu (SHIB)
Price: US$0.00001378, 24-hour yield: 3.2%
14. LEO Token (LEO)
Price: US$8.95, 24-hour yield: -1.4%
15. Hedera (HBAR)
Price: US$0.1905, 24-hour yield: 1.3%
