Record-Setting Fluctuations Shake Markets
Over the past week, the total capitalization of the cryptocurrency
market experienced extraordinary volatility, surging and retreating
by more than $100 billion at various points. Early in the week,
optimistic macroeconomic indicators and institutional inflows
propelled the market cap above key resistance levels, only for profit-taking
and sudden risk-off sentiment to send values sharply downward.
Despite the roller-coaster ride, the sector ended the period
with a healthy 3.5 percent net gain, demonstrating renewed
investor confidence.
Bitcoin and Ethereum Drive the Rally
Leading the charge, Bitcoin rallied toward $65,000 as several
on-chain metrics flashed green, including rising transaction
volume and declining sell-pressure from long-term holders.
Ethereum followed suit, topping $3,500 amid excitement over scaling
upgrades and EIP-4844 testnets. Together, the two largest
cryptocurrencies accounted for much of the week’s capital
inflow, drawing fresh interest from both retail traders and
institutional allocators seeking digital-asset diversification.
XRP Emerges as the Week’s Top Performer
While the broader market enjoyed moderate gains, XRP stole the
spotlight in the closing days, surging by double digits over
48 hours. Speculation around potential regulatory clarity,
alongside active buying from crypto funds, helped XRP outpace
peers and emerge as the standout altcoin. Analysts point to
recent improvements in network activity and stalled legal
uncertainty as catalysts for the rally, suggesting that positive
momentum could extend into the next quarter.