Bitcoin-Driven Recovery Pushes Crypto Market Higher

The broad-based recovery is supported by rising prices among major digital assets, improving weekly performance metrics, and elevated trading volumes across the market.

Key takeaways:

• Total crypto market capitalization has rebounded above $3.20 trillion, signaling renewed investor interest.
• Bitcoin continues to dominate market structure, while select altcoins post outsized weekly gains.
• Market sentiment remains neutral, suggesting cautious optimism rather than euphoria.

Bitcoin Dominance Keeps the Market in Check

Bitcoin remains the dominant force in the market, trading near $93,600 after recording modest intraday gains. On a weekly basis, the leading digital asset has advanced by more than 7%, reinforcing its role as the primary driver of overall market direction. Bitcoin’s market capitalization now stands close to $1.87 trillion, while dominance has climbed to approximately 58.3%, highlighting continued capital concentration in the most liquid asset.

This elevated dominance suggests that, despite rising prices across the market, investors are still prioritizing relative safety and liquidity over broader risk-taking. The Altcoin Season Index remains low, indicating that most alternative assets are not yet consistently outperforming Bitcoin. Historically, such conditions point to a market that is recovering, but not fully transitioning into a speculative expansion phase.

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Bitcoin, Ethereum, XRP, and Cardano Are Sending Mixed Signals Beneath the Surface

Ethereum has nonetheless shown relative strength, trading above $3,230 with a weekly gain approaching 10%. Ethereum’s market capitalization has increased to roughly $390.6 billion, supported by steady on-chain activity and sustained demand. While Ethereum is outperforming Bitcoin on a weekly timeframe, it has not yet triggered a broader rotation into altcoins.

Altcoins Show Selective Strength as Sentiment Stays Neutral

Outside the two largest assets, performance has been more uneven. XRP has emerged as one of the strongest large-cap performers, rising more than 27% over the past seven days and pushing its market capitalization close to $144.0 billion. The rally has been accompanied by a noticeable increase in trading volume, pointing to renewed speculative interest.

BNB and Solana have also delivered solid weekly gains. BNB is trading near $907, while Solana has climbed above $138, advancing by more than 12% over the past week. Solana’s performance reflects sustained interest in high-throughput blockchain networks and continued ecosystem activity. Meanwhile, Sui has stood out among mid-cap assets, recording a weekly gain of over 38% and lifting its market capitalization to approximately $7.49 billion.

Stable assets continue to underpin market liquidity. Tether remains the largest stable asset, with a market capitalization exceeding $187.0 billion and daily trading volume above $100.0 billion, reinforcing its central role in crypto trading flows. USDC also maintains a strong presence, with circulating supply above 75.8 billion units.

From a sentiment perspective, the Fear and Greed Index currently sits at 49, placing the market firmly in neutral territory. This suggests that while confidence is improving, investors remain cautious after the recent rally. At the same time, the average crypto Relative Strength Index has entered overbought territory, increasing the likelihood of short-term consolidation.

Overall, the market appears to be stabilizing rather than accelerating. Bitcoin’s continued dominance, combined with selective altcoin strength and neutral sentiment indicators, points to a recovery phase that is still searching for confirmation. A broader shift toward risk-on behavior may require sustained volume growth and clearer signals of capital rotation beyond the largest assets.

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The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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