Bitcoin Struggles at $95K as Ethereum Gains; Other Altcoins Fluctuate

Bitcoin is struggling to surpass $95,000 after a brief dip below $94,000 in the face of U.S. market volatility. Ethereum has gained nearly 12% over the past week, while XRP and Solana have not fared as well. The global crypto market cap is reported at $2.98 trillion, reflecting overall market activity.

As of April 29, 2025, Bitcoin is struggling to maintain its footing just above the $95,000 mark. After optimistic expectations for a strong market resurgence following Monday’s opening, Bitcoin observed a slight retreat, once again caught in the familiar $93,500 to $95,520 range. Recent patterns suggest traders remain cautious, with Bitcoin currently priced at approximately $95,232 and a notable trading volume of $29.02 billion in the last 24 hours.

Following a less-than-stellar reaction during the U.S. stock market opening, Bitcoin dipped below $94,000, hitting lows around $93,548 before recovering somewhat. With a daily high recorded at $95,520, it is clear that Bitcoin is making attempts to break through the $95,000 ceiling, possibly triggering a rally if it succeeds.

Ethereum is on the rise, currently trading above the $1,800 mark and showcasing a significant 12% increase over the past week. In contrast, XRP was anticipated to see movement ahead of the ProShares’ future XRP ETF launch but has instead slid by 1.68%. Notably, both Crow’s ADA and DOGE have mirrored this downward trend.

Solana, meanwhile, is facing its own hurdles, having dropped 2.41%, now seen trading at about $148.77, slightly below its resistance level of $150 as per the latest data. Smaller gainers are taking the lead, with LAYER making headlines for a remarkable 15% leap, closely followed by VIRTUAL with its 14% surge. Other altcoins such as THETA, KAIA, BCH and FLR also gained around 6% in the last 24 hours.

On the flip side, DeepBook’s DEEP token has plummeted by 17%, struggling to maintain momentum after a hefty 42% increase yesterday. The WAL and TRUMP tokens are not faring well either, both experiencing around a 10% decline in value.

Today’s trending cryptos include Ethereum, Bitcoin, and both the Sign and Virtual protocols, alongside Floki. In terms of performance, top gainers feature LAYER leading at +15% and VIRTUAL just behind at +14%. On the losing side, DEEP leads with -17%, while WAL and TRUMP reflect declines of -10% and -9%, respectively.

As recorded by CoinMarketCap, the global crypto market cap currently stands at $2.98 trillion, with 24-hour trading volumes reaching $83.03 billion.

In summary, the market showcases a mix of fluctuating fortunes, with the larger players struggling for traction amid notable capitulation in specific altcoins.