Bitcoin (BTC) Holds $84.6K as Market Cap Slips to $2.94T

Broad Market

The total cryptocurrency market capitalization was $2,935,812,535,800, with 24-hour volume of $19,683,384,353. Bitcoin (BTC) dominance was 57.93%, and Ethereum (ETH) dominance was 11.14%. The market regime was classified as a bull market.

Bitcoin (BTC) traded at $84,641.52, down 0.3% over 24 hours and up 0.73% over seven days. Ethereum (ETH) changed hands at $2,678.98, down 1.14% in 24 hours and down 0.5% over seven days. Tether (USDT) was at $0.99983, up 0.03% in 24 hours and flat over seven days. USDC (USDC) was at $1.00, down 0.02% in 24 hours and up 0.01% over seven days.

Among other large-cap assets, BNB (BNB) was at $768.67, down 0.41% in 24 hours and down 0.83% over seven days. XRP (XRP) traded at $1.49, down 0.5% in 24 hours and down 5% over seven days. Solana (SOL) was at $119.13, down 0.48% in 24 hours and down 2.18% over seven days. TRON (TRX) was at $0.3346, up 0.03% in 24 hours and down 0.83% over seven days.

Notable Movers

The largest 24-hour gainer was GRX Chain (GRX), at $21.17, up 62.12% in 24 hours and up 62.12% over seven days. The Sandbox (SAND) rose 51.77% in 24 hours to $0.06807, and was up 47.23% over seven days. Collector Crypt (CARDS) gained 41.04% in 24 hours to $0.2897, up 57.64% over seven days. Midnight (NIGHT) rose 27.57% in 24 hours to $0.05011, up 101.12% over seven days. BlackRock USD Institutional Digital Liquidity Fund (BUIDL) rose 15.21% in 24 hours to $0.003727, flat over seven days.

The largest 24-hour decliner was DoubleZero (2Z), at $0.04541, down 20.47% in 24 hours and down 22.09% over seven days. Pons (PONS) fell 14.84% in 24 hours to $0.435, down 32.92% over seven days. Bedrock (BR) dropped 9.79% in 24 hours to $0.6425, down 29.3% over seven days. STONK (STONK) fell 8.47% in 24 hours to $0.226539, down 28.51% over seven days. Derive (DRV) declined 7.19% in 24 hours to $0.37922, down 13.04% over seven days.

Metals

Gold was quoted at $4,140.857240905972 per ounce, and silver at $60.36799335607059 per ounce.

Headlines

CoinDesk reported that a bank group sued a U.S. regulator over granting crypto trust charters. CryptoSlate reported that stablecoin issuers have replaced 40% of China's lost U.S. Treasury demand. Bitcoin.com News reported that Aave's founder warned the EU MiCA review could restrict DeFi access.