The cryptocurrency market maintained a mixed tone over the last 24 hours, with Ethereum (ETH) reclaiming the $1,600 mark after gaining 0.85%, while OM emerged as one of the top losers, shedding 11.65% in the same period.
ETH’s modest recovery signals a positive sentiment among traders, potentially driven by institutional interest and improving network fundamentals. The second-largest cryptocurrency by market cap is currently priced at $1,600.09, edging upward in an otherwise sideways market.
Meanwhile, Bitcoin (BTC) also saw a mild uptick of 0.75%, trading at $84,817.09, reflecting a cautious optimism as traders await further macroeconomic cues. Solana (SOL) outperformed most large caps with a 6.08% surge to $133.93, continuing its trend of strong weekly gains.
Among the top-performing coins, BIO saw a significant gain of 17.41%, while PEPE and XRP posted more modest increases of 2.23% and 0.89%, respectively.
On the downside, OM recorded the sharpest decline among the hot coins, falling 11.65% to $0.6942, followed by WCT, which slipped 5.39%, and TRX, which dropped 2.40%.
Despite today’s mixed performance, analysts suggest that renewed interest in altcoins and improved sentiment in large-cap cryptos like ETH and SOL could signal broader momentum heading into the rest of the week.
Disclaimer: The above information is for informational purposes only. Please consult your financial advisor before making any investment decisions.
