- Crypto market stays resilient as GDP contracts, led by gains in BTC, ETH, and SOL
- Small-cap tokens dominate with rallies over 30%, outpacing major cryptocurrencies
- BlackRock’s Ethereum tokenization and Ripple’s offer drive institutional interest
Although US economic data disappointed, the cryptocurrency market held steady, with leading assets recording modest gains. According to CryptoRank data, Annualized US GDP growth came in at -0.3%, missing the expected +0.3%, yet digital assets defied the economic gloom.
Flagship cryptocurrencies such as Bitcoin, Ethereum, and Solana all posted moderate gains, while select small-cap tokens saw explosive rallies. The total crypto market cap currently stands at $3.09 trillion, showing continued investor appetite even amid macro uncertainty.
Leading Cryptos Maintain Green Momentum
Bitcoin (BTC) remains the market’s anchor, trading at $95,035.99, up 0.35% over the last 24 hours and 2.73% on the week. Ethereum (ETH) follows with a price of $1,810.58, marking a 0.57% daily gain and a 2.03% weekly rise.
Solana (SOL) saw the strongest daily move among majors, climbing 1.99% to $149.43, although its weekly change was a modest 0.31%.
Interestingly, investor sentiment has remained cautiously optimistic. The Fear & Greed Index reads 53, firmly in the “Greed” zone. This suggests the market remains confident despite broader economic concerns.
Altcoin Movers and News Catalysts
Some mid-cap tokens recorded substantial movements. Virtuals Protocol (VIRTUAL) soared 25.27% over 24 hours to $1.65, boosted by a 137.11% rise in the past week.
Curve DAO (CRV) also made headlines, gaining 11.72% to hit $0.7285, possibly benefiting from increased DeFi activity. Fartcoin (FARTCOIN) added 11.03% and now trades at $1.25, with a seven-day jump of 16.69%.
Major news developments also shaped market dynamics. BlackRock filed to tokenize $150 billion in Treasury Trust assets on Ethereum, a move that could significantly boost institutional trust in on-chain assets.
Meanwhile, Ripple reportedly offered $4–5 billion to acquire Circle, the issuer of USDC, though the offer was declined. In the NFT space, FIFA announced plans to migrate its collection to a new EVM-compatible blockchain, signaling continued innovation in digital collectibles.
Small Cap Gainers Outperform the Market
Small-cap tokens saw the most aggressive gains. Biswap (BSW) surged 39.24% to $0.05322, extending a 7-day rally of 167.43%.
Voxies (VOXEL) jumped 41.83% to $0.1112, while Flamingo Finance (FLM) rose 30.86% to $0.05067. GamerCoin (GHX) gained 32.67% to trade at $0.04425, reflecting nearly 99% weekly growth.
Although Rex (REX) had a relatively modest 1.06% daily increase to $0.0003212, its tiny market cap of $304,344 could attract speculative interest moving forward.
