Bitcoin remained steady above the $91,000 mark even as broader cryptocurrency prices showed mixed movement, with heavy trading concentrated in stablecoins. The divergence between Bitcoin’s stability and declines in key altcoins highlights a cautious market tone amid elevated volumes.
Bitcoin traded at $91,362.34, up $184.83 or 0.20%, with a market capitalisation of $1.825 trillion. The cryptocurrency recorded over $43 billion in trading volume over the last 24 hours, underscoring sustained participation at higher price levels.
Ethereum slipped 1.28% to $3,120.29, losing $40.54, with a market value of $376.76 billion. WETH also declined 1.69% to $3,113.12, reflecting pressure across Ethereum-linked assets.
Stablecoins dominated market activity. Tether (USDT) remained flat at $1.00 but led volumes with $92.713 billion traded in 24 hours, the highest across all cryptocurrencies. USD Coin (USDC) edged up 0.02% to $1.00, with volumes close to $13 billion.
Among major altcoins, Solana gained 1.30% to $139.30, standing out as one of the few large tokens in positive territory. XRP fell 2.25% to $2.13, while BNB slipped 0.56% to $892.38. Dogecoin dropped 2.56% to $0.14, and Zcash saw a sharper decline of 9.81% to $430.76.
Other actively traded tokens included Sui, down 0.15% to $1.82, and several smaller assets that remained largely unchanged despite high turnover.
The combination of Bitcoin’s price stability and surging stablecoin volumes points to selective positioning in the crypto market, with traders prioritising liquidity while closely watching the next directional move in major digital assets.