Cryptocurrency markets posted solid weekly gains with total market capitalization climbing 5.65% to $2.43T, though trading volume dipped 5.74% week-over-week to $58.91B. Bitcoin dominance rose to 59%, marking a 0.58% weekly increase.
Top performers included ETH at $2.1K (+8.57% WoW), SOL at $88.16 (+6.97% WoW), and BNB at $659.92 (+6.60% WoW). Bitcoin traded at $71.5K with a 6.24% weekly gain. XRP added 4.45% to reach $1.41. Among other tracked assets, HYPE surged 21.45% for the week despite a 3.15% pullback in the last 24 hours, while BCH and TRX showed more modest single-digit gains.
Futures markets remained relatively calm with BTC funding at 0.0001% and ETH at 0.0013%. Options markets reflected mixed sentiment, with BTC put-to-call ratio at 0.68 and implied volatility at 62.5%, compared to ETH at 0.57 P/C and 85.6% IV. In DeFi, Babylon Protocol TVL declined 23.1% to $1.8B, indicating some profit-taking in yield-bearing positions.
Gold markets remained in focus as analysts weighed near-term prospects ahead of potential Fed decisions. Commodity sentiment stayed neutral as markets balanced growth signals with macro uncertainty. Coming week will likely remain dependent on central bank developments and broader macro data.
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