The global cryptocurrency market experienced a slight pullback today, with overall market capitalization falling by 1.50 percent to $3.07 trillion. Trading volume remained active, recording $96.61 billion in the last 24 hours.
Bitcoin continued to dominate the landscape, securing a 61.15 percent market share despite a marginal 0.03 percent dip over the day. Its current trading price stays strong above $95,000, supported by steady demand and positive investor sentiment.
Ethereum, the second-largest cryptocurrency, showed resilience with a minor 0.15 percent decline in the last 24 hours. However, it posted a notable 13.40 percent gain over the week, demonstrating renewed interest from traders and institutions alike.
Bitcoin and Ethereum Steady as Market Adjusts to Minor Volatility
While minor corrections affected several digital assets, Bitcoin and Ethereum remained firm. Bitcoin recorded a slight hourly gain of 0.21 percent, while Ethereum added 0.64 percent in the same timeframe, confirming strong short-term support levels.
Investor confidence remains visible, especially in large-cap assets, as trading volumes indicate continuous market participation. The broader Layer 1 sector showed resilience, with a few altcoins recovering quickly from brief dips.
Consequently, market observers maintain a positive outlook on the sector’s long-term health despite short-term volatility. Bitcoin and Ethereum’s steady positions underscore their critical roles in the market’s ongoing stabilization.
