The cryptocurrency market continued to ride through unpredictability today with Bitcoin leading the charge and altcoins displaying mixed signals of gains and losses. Meanwhile, the PENGU token, which is launched by the Pudgy Penguin NFT project, has jumped 10% in the past 24 hours.
With continually increasing spot Bitcoin ETFs and anticipation around Trump administration’s pro-crypto policies, BTC has surged with a decent gain of 2% in the past 7 days but it is lagging to break above $100K, a target some analysts were expected to hit by the weekend.
Most of the altcoins have traded in red today with decent drops. XRP is down 1.22% while ETH and BNB are seeing declines of nearly half a percent. On the other hand, SOL, SUI and ADA have decreased 2.2% on average – as per CoinMarketCap data.
Trending Crypto Today
Based on recent search activity and social engagement, the following crypto assets are trending today;
Bitcoin (BTC): Remains the most visited and traded crypto asset in the past 24 hours.
Pi (PI): Gaining attention for its mobile mining model.
Movement (MOVE): Trending due to controversy surrounding market-making issues.
Vanar Chain (VANRY): The new scalability-focused blockchain in town.
Sui (SUI): Continuing riding the trend with its novel design.
Top Gainers Today
PENGU (Pudgy Penguin): +10%
FLR (Flare): +3%
TRX (Tron): +2%
NEXO (Nexo): +2%
TRUMP (Official Trump): +1%
Top Losers Today
WAL (Walrus): -11%
BONK (Bonk): -8%
FARTCOIN (Fartcoin): -8%
BRETT (Brett): -7%
IMX (Immutable): -7%
Crypto Market Overview
The global crypto market cap has fallen back to $2.99 trillion today after it briefly touched the $3 trillion market yesterday. The 24 hour trading volume sits at $63.11 billion today.
