Bitcoin holds below $95K, while altcoins struggle

The cryptocurrency market is flat after the recent ups and downs, with a total market capitalization of $3.3 trillion. However, trading activity declined slightly, with lower intraday trading volume 1.66% to $124.18 billion. Despite this, market sentiment remains neutral, as indicated by the Fear and Greed Index at 51.

Bitcoin is struggling below $95,000

Bitcoin, the largest cryptocurrency, saw a 2.11% decline over the past 24 hours, settling at $94,290. Interestingly, Bitcoin trading volumes increased by 5.19% to $48.39 billion, indicating increased trading activity during falling prices.

Reports from Farside revealed Bitcoin ETFs saw significant outflows of $287 million on Friday. Fidelity led outflows with $208 million, followed by Ark & 21Shares with $112 million, and the Bitwise Bitcoin ETF with $36 million.

Altcoins are showing mixed results

Altcoins had a mixed day, with Ethereum settling at $3,335 after a slight decline, with a market cap of $401 billion. while Ethereum ETFs faced $47.7 $1 million in inflows Fidelity and BlackRock reported inflows of $27 million and $20 million, respectively.

Solana, XRP, and TON may have struggled, as each recorded a decline of around 2% over the past day.

Top winners and losers

Among Top performing artistsBitget Token (BGB) rose 13.68%, to $8.19, after Bitget announced plans to burn an $800 million token. Virtual Protocol tokens and PEPE tokens also saw gains of 10.9% and 4%, respectively.

On the downside, Zcash (ZEC) posted the biggest loss, falling 10.6% to $61.13. This was followed by the DAO Token and Helium curve with losses of 9.46% and 8.8%.