The cryptocurrency market’s total capitalisation reached $2.97 trillion on May 4, 2025, with Bitcoin steady at $96K. Ethereum trades at $1,830, while altcoin Fellaz (FLZ) surges by 66%. In contrast, OFFICIAL TRUMP token ($TRUMP) has seen a 24% drop. Analysts suggest a possible bullish trend on the horizon amidst market volatility.
As of May 4, 2025, the cryptocurrency market caught attention with a total market capitalisation of $2.97 trillion. This figure comes after a week marked by mixed performances across both major coins and newer altcoins. Bitcoin remains the dominant player, making up approximately 63.9% of the total market share. It currently sits at $96,000, showing a slight dip of 0.82% during the day, indicating soft bearish activity. Analysts hint that there’s potential for BTC to climb to $105,000, projecting support coming from keen buyers.
Meanwhile, Ethereum has been trading at $1,830, experiencing a modest drop of 0.26% over the past 24 hours. The daily trading volume for Ethereum has landed at around $13.67 billion, resulting in a market cap of about $222.43 billion. This shows that while Ethereum has faced some pressure, it continues to maintain a strong position in the market.
On a different note, altcoin Fellaz (FLZ) has been in the spotlight, with a stellar 66% increase over the week, pushing its price up to $2.93. It witnessed a trading volume of $22.56 million in the last 24 hours. Notably, some reports claim a weekly reduction of 3.72%, which underlines the inherent volatility in the cryptocurrency arena. It’s clear that while FLZ is surging now, unpredictability remains a key factor for investors.
On the contrary, the often controversial OFFICIAL TRUMP token ($TRUMP) has seen a significant decline, dropping 24% over the past week. Despite a healthy daily trading volume of $1.02 billion with the token priced at $11.17, its appeal appears to be waning. Ranking at 44 on CoinMarketCap with a market cap of $2.23 billion, the downward trend reflects a decreasing interest in this meme coin.
Throughout the week, the markets have exhibited high volatility, showcasing a continual struggle between bears and bulls. However, analysts seem to agree that there’s a stabilising trend emerging, suggesting that bulls might be gaining the upper hand. Looking ahead, there’s growing optimism about a potential bullish phase in the upcoming week.
