Global Crypto Market Update: The cryptocurrency market traded with a positive undertone, supported by steady gains in large-cap assets and strong momentum in select altcoins, even as pockets of selling persisted.
Market leader Bitcoin hovered around $70,460, rising 0.75% and holding a market capitalization above $1.4 trillion. Ethereum also edged higher by 0.47% to trade near $2,148, indicating stability in the broader market.
Among altcoins, buying interest remained strong. Kite surged 13.54%, while Zebec Network gained 13.34%. Bittensor climbed over 10%, and tokens like Conflux, MYX Finance, and Synthetix posted gains in the 5–7% range, reflecting continued risk appetite in mid-cap assets.
On the downside, profit booking weighed on several tokens. Lombard dropped 13.11%, emerging as the top loser, followed by ether.fi which declined 12.78%. Humanity Protocol, River, and Worldcoin also saw declines of 8–10%, while pippin remained under pressure.
In the DeFi segment, Aave retained its top position in total value locked (TVL) at over $42 billion, followed by Lido DAO and Ethena, indicating sustained capital allocation toward decentralized finance platforms.
Stablecoins including Tether and USD Coin remained largely unchanged, underscoring liquidity stability in the market.
Overall, the crypto market continues to show resilience, with strength in benchmark assets like Bitcoin and Ethereum, while traders rotate into high-beta altcoins amid selective profit booking and evolving macro cues.
