Crypto market cap inched higher to 2.30T USD this week, gaining 0.33% week-over-week, while trading volume contracted significantly to 62.49B USD, down 37.98% from the previous week. Bitcoin dominance expanded 0.96% to reach 58%, reflecting sustained investor focus on the flagship asset.
BTC posted a weekly gain of 1.29%, closing at 67.3K USD, though it shed 1.02% over the past 24 hours. ETH declined 1.95% for the week to 1.9K USD and fell an additional 2.18% in the last day. SOL was among the week’s biggest losers, dropping 3.29% to 82.42 USD. XRP and BNB saw more modest declines of 1.69% and 0.57% respectively. TRX bucked the trend, gaining 1.97% weekly to close at 0.29 USD.
Futures markets show negative funding rates across major pairs: BTC at -0.0021%, ETH at -0.0036%, and SOL at -0.0185%, suggesting cautious trader positioning. Options data indicates BTC put-to-call ratio at 0.69 with 66.9% implied volatility, while ETH shows a 0.63 P/C ratio and elevated 85.6% IV, pointing to elevated uncertainty.
In DeFi, Sentora’s TVL surged 48.2% to 1.5B USD, marking a notable bright spot in protocol activity. Gold markets remained volatile as traders balanced geopolitical tensions against Fed rate outlook expectations and rising oil prices, creating mixed sentiment for safe-haven demand.
Week ahead: Market stabilization may depend on broader macroeconomic signals and Fed communication, while declining volume suggests traders await clearer directional cues.
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