CryptoNetHub

Crypto Price Today: Bitcoin Holds Above $64K, Hyperliquid Leads Weekly Gains

Bitcoin maintained its market dominance, with a market value of $64,670. 53 and a market cap of $1. 29 trillion, according to the latest snapshot. The second-largest crypto, Ethereum, was listed at $1,906. 78,. . .

By Somatirtha Purohit · · 3 min read

Crypto Price Today: Bitcoin Holds Above $64K, Hyperliquid Leads Weekly Gains

Bitcoin maintained its market dominance, with a market value of $64,670. 53 and a market cap of $1. 29 trillion, according to the latest snapshot. The second-largest crypto, Ethereum, was listed at $1,906. 78, while stablecoins like Tether (USDT) and USDC stayed close to $1. In the top 10 largest cryptocurrencies by market cap, Hyperliquid (HYPE) showed positive performance, gaining 4. 92%, while BNB gained 4. 10%. However,XRP showed the biggest weekly loss of 2. 60%. Top 10 Cryptocurrencies by Market CapCryptocurrencyPrice24-Hour Change7-Day ChangeMarket CapBitcoin (BTC)$64,670. 53Gain 0. 34%Gain 1. 17%$1. 29TEthereum (ETH)$1,906. 78Gain 0. 61%Gain 0. 44%$229. 92BTether (USDT)$0. 9990Gain 0. 01%Gain 0. 04%$183. 37BBNB$594. 80Gain 0. 22%Gain 4. 10%$79. 2BUSDC$0. 9997Loss 0. 01%No Change$71. 74BXRP$1. 04Gain 0. 23%Loss 2. 60%$65. 37BSolana (SOL)$73. 70Gain 0. 37%Gain 0. 30%$42. 84BTRON (TRX)$0. 3263Loss 0. 30%Gain 0. 25%$30. 96BHyperliquid (HYPE)$56. 34Gain 0. 29%Gain 4. 92%$14. 21BDogecoin (DOGE)$0. 06969Gain 0. 14%-0. 26%$10. 82BSource:CoinMarketCapHyperliquid Leads Weekly PerformanceAmong the top 10 cryptocurrencies, Hyperliquid had the best weekly performance, gaining 4. 92% and closing at $56. 34. This enabled the crypto to register a market capitalization of $14. 21 billion, thus making it the best-performinglarge-cap cryptocurrency of the week. The fourth largest cryptocurrency, BNB, managed to gain 4. 10% during the week. Bitcoin also stayed in positive territory, gaining 1. 17%. XRP was the worst performer, dropping 2. 60% on the week. Dogecoin also dropped for the week, while Ethereum, Solana and TRON were up slightly. It came as no surprise that USDT and USDC remained virtually flat. Market OutlookRecent data shows that the current market trend is one of consistent development rather than sharp growth. Bitcoin is currently trading above the $64,000 mark, and Ethereum still stands below $2,000. No changes in the hierarchy of cryptocurrencies have been registered. The performance of altcoins has been extremely unstable in recent times, implying that people investing in cryptocurrencies are paying attention to individual altcoins rather than the entire market. This is evident from the performance of Hyperliquid and BNB. XRP’s weak performance further highlights the pressure individual altcoins continue to face. For the time being, one may consider that the crypto market is in the process of experiencing consolidation, where people keep an eye on macroeconomic events to see what drives them next. Disclaimer:Industry Wired does not provide financial, investment, or trading advice. Cryptocurrency and investment markets are volatile and carry risk of loss. Information presented is for educational purposes only. Consult a licensed financial advisor and conduct your own research before making any investment decisions.

Source: industrywired.com

More Bitcoin news