The cryptocurrency market continues to see significant asset movements. While Bitcoin experiences a slight decline, Ethereum and Solana show consistent growth.
Bitcoin Decline
Over the past 24 hours, Bitcoin (BTC) saw a slight price drop of 0.1%, trading at $114,239. This decline followed periods of stability above the $114,000 level. Trading volume for BTC reached $32.7 billion, with its market capitalization holding steady at $2.27 trillion.
Growth of Ethereum and Solana
Ethereum (ETH) demonstrated stronger movement, gaining 3.3% to trade at $3,654.77. The second-largest cryptocurrency posted a 24-hour trading volume of $28.7 billion, pushing its market cap to $441.7 billion. Solana (SOL) also showed considerable strength, advancing 3.9% to $168.15 with nearly $5 billion in 24-hour trading volume and a market cap of $90.6 billion.
Strong Performance of Altcoins
Among smaller-cap coins, MYX Finance (MYX) surged 269.4% in 24-hour trading to $0.7806 with a volume of $139.9 million. DarkStar (DARK) followed with a 115.8% gain, reaching $0.1288 on a volume of $25.3 million. Illuvium (ILV) climbed 66.3% to $20.94, fueled by $191.2 million in trading activity.
In conclusion, despite Bitcoin's slight decrease, the overall condition of the cryptocurrency market remains positive, driven by the growth of Ethereum, Solana, and the notable increases in altcoin prices.
