(BTC) Bitcoin News TodayBitcoin TrendsBlockchainCryptocurrencyEthereum (ETH)NewsOn-chain Data / AnalysisPrice AnalysisTrading

Daily Crypto Market Update – BTC consolidates at $29k as ETH Fails to Reach $2K

The total crypto capitalization is now $1.212 trillion, following net inflows of about $9.9 billion in the last 24 hours. Bitcoin’s market valuation increased by $2.6 billion to $567.15 billion, while Ethereum’s grew by $967 million to $230.17 billion.

The leading ten cryptocurrencies have performed varyingly, with Solana and XRP increasing by over 2% to $22.62 and $0.46, respectively, while Cardano and BNB declined by more than 2.5% to $0.402 and $322, respectively.

The USDT market cap rose to $81.63 after net inflows of nearly $130 million. And as it has been for the last few weeks, BUSD and USDC saw their market valuations decline further to $6.29 billion and $30.49 billion, respectively.



The largest crypto asset has recorded a 24-hour increase of just 0.91%. It’s priced at $29,167 and controls 47% of the crypto market. BTC fell as low as $28,456 yesterday before the bulls mounted a recovery, pushing the coin to a daily high of $29,881 on Friday morning.


ETH is trading at $1,910 as of this writing after growing 1.37%. Its dominance has remained steady at 19.1% in the last 24 hours. Many crypto analysts anticipated the token would retest resistance at $2,000 due to growing interest in the Ethereum blockchain, but that did not happen.

Top Five Gainers

Internet Computer: ICP is up 11.59% to $6.036, making the token Friday’s biggest gainer. Santiment, a blockchain analytical company, says the project is one of the few that have recorded a high development activity rate over the past month. ICP’s market cap is $2.64 billion.

📰 Also read:  Elon Musk Projects AI Evolution Would Make Employment Obsolete

BLUR: The token surged 10.84% in the past day. The increase comes as the Blur NFT marketplace continues to solidify its status as the dominant player with growing daily trading volumes. BLUR is trading at $0.701, and its market capitalization stands at $316.56 million.

Render Token: RNDR has been rallying since its community voted in favor of expansion plans to Solana. The crypto asset has posted a 7-day increase of over 40% and is up 10.78% in the last 24 hours to trade for $2.52 at press time. Its market valuation is $914.35 million.

Nervos Network: CKB is priced at $0.0041 after surging by 9.84%. Nonetheless, the token has declined by 18.5% over the last thirty days. CKB’s market cap is $168.41 million.

tomiNET: TOMI joins other Friday’s top gainers following a 24-hour growth of 6.19% to trade at $3.18. Its market capitalization is now $126.38 million.

Top Five Losers

RSK Infrastructure Framework: RIF was Thursday’s biggest gainer, increasing by over 12%. But the coin has lost more than half of the gains after declining by 6.97% in the last 24 hours. RIF is trading at $0.134 with a market valuation of $125.68 million.

HEX: Friday marks the second straight day of HEX posting losses. With a market cap of $9.32 billion, the token trades at $0.053 after declining by 5.94%.

📰 Also read:  Intel and AfDB Eying to Transform Africa's Digital Economy through AI Training

Wrapped BNB: WBNB shed 5.36% of its value in the past day. It is now priced at $322.08 and has a market valuation of $796.46 million.

Injective: INJ has been in the red since Thursday. Data on CoinGecko shows it’s down 5.11% in the last 24 hours. The INJ’s current price is $8.34, with its market cap settling at $667.37 million.

MultivesX: EGLD increased by over 11% yesterday but has lost some of the gains today, following a 3.34% decline to $43.98. EGLD’s market cap is $1.1 billion.

Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  Intel and AfDB Eying to Transform Africa's Digital Economy through AI Training


Andrew Richard

Andrew is a news writer for Tokenhell, he enjoys tuning in to the daily crypto markets and writing about the latest updates and happenings.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Skip to content