- Bitcoin dips below $110K, but crypto market cap holds firm at $3.59 trillion
- Small cap tokens explode as traders shift focus from blue chips to new assets
- MicroStrategy boosts Bitcoin stack to 580,250 BTC with $427M worth added
Bitcoin faced a mild pullback in the last 24 hours, dipping 0.92% to trade around $109,000. Meanwhile, Ethereum maintained stability at $2,576, losing only 0.46%. Despite the minor correction among top assets, the broader crypto market continues to hold firm, backed by a strong $3.59 trillion market capitalization.
Notably, traders are showing a risk-on sentiment, as reflected in the Fear & Greed Index, which stands at 74, signaling Greed. Interestingly, while blue-chip tokens remain steady, small cap assets are seeing explosive short-term growth, shifting the focus from major coins to under-the-radar performers.
Industry News and Investor Moves
In notable developments, Trump Media & Technology Group announced plans to raise $3 billion to invest in Bitcoin and other digital assets. Meanwhile, MicroStrategy added 4,020 Bitcoins worth $427 million, boosting its total holdings to 580,250 BTC. On a legal front, Coinbase is facing a new lawsuit as investors claim mishandling of user data leaks.
📉 Market Overview$BTC is trading at ~$109K, down -0.92% over the last 24 hours. $ETH is holding steady at $2,576, experiencing a minor decline of -0.46%.
— CryptoRank.io (@CryptoRank_io) May 27, 2025
Top performers over the past 24 hours include @rendernetwork, @Conflux_Network, and @ArweaveEco. Leading the daily losses… pic.twitter.com/ialG3AB8eH
Top Movers: Render, Conflux, and Arweave Show Mixed Results
Among the top performers, Render ($RENDER) showed mixed movement. Although it’s up 5.70% over the week, it slipped 0.95% in the past 24 hours, trading at $4.85. Its market cap stands at $2.5 billion with over $98 million in daily trading volume.
Conflux ($CFX), on the other hand, climbed 2.05% in the last 24 hours and now trades at $0.08955. Its modest 1.98% seven-day gain suggests sustained momentum. With a circulating supply of 5.1 billion, its market value has reached $454 million.
Arweave ($AR) also edged higher, gaining 1.02% in 24 hours and 3.87% over the week. It is currently priced at $7.48 with a market cap of $489 million.
Meanwhile, losers like MANTRA ($OM), Movement ($MOVE), and Walrus ($WAL) continued their downward trajectory. OM fell 2.44% to $0.3911, MOVE lost 2.96% to hit $0.1724, and WAL tumbled 3.22% to $0.5359, highlighting weakness in mid-cap assets.
Small Cap Gainers Surge Amid Market Calm
Despite the relative calm in the broader market, small cap tokens have emerged as major winners. Jerry The Turtle By Matt Furie ($JYAI) led the pack with a jaw-dropping 71.7% gain, trading at $0.0002773. Its seven-day rally now stands at 331.51%.
LABUBU SOL followed with a 59.1% jump, reaching $0.0382, while Mamo ($MAMO) soared 54.4% to $0.04424. Hosico Cat ($HOSICO) climbed 31.2%, now trading at $0.02034. Finally, Dmail Network ($DMAIL) posted a 30.3% rise to $0.1274, capping off a stellar week.