- Total crypto market cap rose to $3.42T as Bitcoin and Ethereum posted moderate gains despite low macroeconomic triggers.
- GT, KAIA, and Story(IP) led altcoin gains, while RAY, AB, and AERO saw losses amid split sentiment and low-cap token volatility.
- Stablecoin market cap exceeded $250B, while regulators seized $225M in scam-related crypto, reflecting tighter oversight..
Cryptocurrency markets began the day on a positive note, lifted by subdued investor sentiment and higher volumes. Total market capitalization stands at $3.42 trillion, echoing steady recovery in digital assets. Bitcoin climbed 1.13% to approximately $105,900, while Ethereum rose 1.24% to $2,552.
CryptoRank data shows that recent gains happened without major macroeconomic catalysts, suggesting the market is trading in a low-volatility environment. Market participants appear to be gradually re-entering risk assets as liquidity tightens and daily liquidations total $105.37 million. The overall sentiment shows stability, with the Fear and Greed Index reading 54, placing the market in the ‘Greed’ zone.
Altcoins Show Mixed Performance with Standout Gainers
Today’s price movements were mixed among altcoins, with notable divergence between top gainers and laggards. GateToken (GT), KAIA (KAIA), and Story(IP) led gains across major exchanges. Their outperformance comes amid a broader trend of selective interest in alternative tokens.
GT started the day strong, rising to $16.82—marking a 9.54% gain. Trading volume also jumped sharply, climbing 74.17% to reach $12.94 million. This increase in activity pushed the token’s market cap up by 9.61%, bringing it to $2.06 billion.
KAIA followed with a 13.7% increase bringing its price to $0.1994. Story(IP) rose 8.71% over the past 24 hours, reaching $2.78 . With a circulating supply of 290.25M IP, Story now holds a market cap of $807.66M which is a 8.8% surge.
Altcoin Market Splits as Low-Cap Tokens Surge While Others Retreat
In contrast, Raydium(RAY) ,AB (AB), and Aerodrome Finance (AERO) slipped into the red, highlighting varying investor sentiment within the altcoin space. RAY is currently trading at $2.12 with a 5.9% decline and ABfollows with a 6.18% bringing its price to $0.01451. This divergence underscores a lack of uniformity in risk appetite across smaller market cap tokens. Meanwhile, the Altcoin Index recorded a reading of 22/100, showing limited momentum in the broader altcoin market.
Several smaller-cap assets faced increased volatility, with many recording impressive double- or even triple-digit percentage gains. NEON led the pack with 30.8% followed by M87 +27.5%, OBT +25.9% and QUAI closed with a +22.3%.
Though the action in the altcoins remains bad, the general upward bias in price action indicates fresh attention in high liquid assets. Investors are largely deploying funds into more established cryptocurrencies and are not taking risky positions as they are in a wait-and-see mood.
Stablecoins Climb, Tokenization Grows As Oversight Tightens
The stablecoin market cap has surpassed $250 billion, reflecting rising demand for low-volatility assets amid market swings. Stablecoins continue to support liquidity across both centralized and decentralized platforms.
Meanwhile, Nasdaq-listed Lion Group raised $600 million to back its HYPE token with a treasury reserve, signaling growing interest in tokenized finance.
Separately, the U.S. Department of Justice seized over $225 million in crypto linked to investment scams, underscoring heightened regulatory enforcement in the sector.
