Saturday’s crypto trading session was pretty unremarkable, with Bitcoin managing to hang around the $110,000 area despite losing about 0.66% during the day. Ethereum had a rougher time though, falling under the $4,300 level after dropping 0.82% and showing signs of continued weakness.
The broader market reflected this mixed sentiment, with total capitalization dipping to $3.83 trillion – a modest 0.47% decrease from the previous day. What caught attention was the spike in trading activity, which surged over 7% to reach $156 billion in volume. This suggests traders are still actively positioning themselves even when price movements remain limited.
Individual altcoins painted a much more dramatic picture than the major cryptocurrencies. Ethena stole the show with an explosive 28.6% rally that caught many by surprise. KuCoin Token went in the opposite direction, tumbling nearly 3% and becoming the session’s worst performer.
Bitcoin maintained its grip on market leadership with 57.4% dominance, while Ethereum held its usual 14.2% share despite the price decline. Most other well-known tokens had quiet sessions – XRP barely budged, Solana edged lower, and the popular meme coins like Dogecoin showed minimal movement.
The lackluster performance across major cryptocurrencies suggests the market might be waiting for some kind of catalyst to break out of this current trading range.
Conclusion
Bitcoin held steady near $110,000 Saturday while Ethereum fell below $4,300, with Ethena posting major gains amid otherwise quiet market conditions.
Also Read: Bitcoin Near Critical
