Ethereum outperforms as large-caps kick off the week in the green

🟢 Ethereum leads large-cap gains – ETH is up more than 3% on the day, outperforming Bitcoin, which is holding marginally in the green.

📈 Weekend momentum carries over – Crypto markets continued their upward trend over the weekend, with many coins posting strong seven-day gains.

🚀 Layer 1s perform – Solana (SOL) and Avalanche (AVAX) are up more than 30% over the past week.

‍

MAJOR cryptocurrencies are starting the week on solid footing, with several large-caps extending gains from a strong weekend session.

Bitcoin (BTC) is hovering slightly in positive territory, while Ethereum (ETH) is outperforming, rising more than 3% over the past 24 hours.

The broader crypto market has continued to strengthen since Friday, with a number of top-performing assets posting double-digit gains on a weekly basis.

Layer 1 tokens are leading the charge - Solana (SOL) and Avalanche (AVAX) are each up over 30% in the past seven days. Ripple’s XRP has also gained traction, climbing more than 20% over the same period.

Still, short-term moves remain uneven across the altcoin space. Axie Infinity (AXS) is trading lower, while Tron (TRX) is showing modest intraday gains.

While momentum remains constructive, markets are still navigating a complex macro backdrop. Investors will be closely watching for policy signals and broader risk sentiment this week to determine whether the recent rally has legs.

‍

In the markets 

🌍 Total crypto market cap ⬇️

The global cryptocurrency market capitalization is approximately $2.69 trillion, reflecting a -0.57% decrease over the last 24 hours.

‍

🟠 Bitcoin (BTC) ⬆️

Price: Currently trading at $84,566, marking a 0.06% increase in the last 24 hours.
Daily high: $85,315
Daily low: $83,197

‍

💎 Ethereum (ETH) ⬆️

Price: Currently trading at $1,674, reflecting a 3.5% increase in the last 24 hours.
Daily high: $1,672
Daily low: $1,574

‍

📈 S&P 500

The Standard and Poor’s 500 index is up 1.8% overnight. 

‍

😬 Fear & Greed Index

29/100, indicating a state of Fear among investors. 

‍

📊 Bitcoin Relative Strength Index (RSI) (14)

53.8, indicating that Bitcoin is neither oversold or overbought. 

‍

Cautionary Notes

‍‍It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.