Bitcoin (BTC) Soars Past $107K as Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) Prices Tumble

Bitcoin (BTC) demonstrated its strength, surpassing the $107,000 threshold in the last 24 hours, marking a 0.2% increase in price. This upward momentum was supported by a robust daily trading volume exceeding $30.9 billion, which elevated its market capitalization to over $2.1 trillion. This performance underscores Bitcoin's continued dominance in a dynamic market landscape.

However, the positive trend was not universally shared across major cryptocurrencies. Ethereum (ETH) experienced a slight correction, declining by 0.2% to $2,582.32, indicating a pause in its recent bullish activity. Despite a substantial trading volume of over $24.8 billion, this dip suggests a temporary consolidation.

Solana (SOL) also saw a marginal decrease of 0.1%, trading at $153.54. This minor pullback follows a period of sustained volume growth earlier in the week, potentially reflecting some profit-taking among investors. Dogecoin (DOGE) mirrored this trend, continuing its decline by approximately 0.2% to around $0.1738 within the same 24-hour timeframe. The softening of meme coin values may signal a pause in the significant rallies observed in recent days.

Conversely, XRP (XRP) emerged as a notable performer, gaining 2.4% over the past 24 hours and reaching a price of $2.24. This increase was supported by active trading, pushing its market capitalization to over $131.8 billion. BNB (BNB) also showed positive movement with a modest gain of 0.5%, trading at $658.15, while TRON (TRX) increased by 2.0% to $0.2764.

Within the altcoin market, Zeta (ZEX) and AltLayer (ALT) stood out as significant gainers. Zeta (ZEX) surged by 62.7% to $0.1907, fueled by a daily trading volume of $9.2 million. Treasure (MAGIC) also experienced substantial growth, rising by 41.2% to $0.1675, while MAGIC•INTERNET•MONEY (MIM) increased by 39.2% to $0.002176.

AltLayer (ALT) jumped by 35.3% to $0.03485, backed by a substantial trading volume exceeding $392 million. These significant fluctuations highlight the increased interest in high-volatility tokens in the market.

In summary, while Bitcoin (BTC) maintained its upward trajectory, Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) experienced slight declines. This mixed performance suggests a shift in trader focus towards fast-moving altcoins within the last 24 hours.