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Bitcoin Ranges Around $77,000... BNB, XRP, Solana, Tron Rise While Ethereum and HYPE Weaken in 'Selective Market'

The cryptocurrency market continues to show mixed movements across major coins without a clear direction. While Bitcoin (BTC) moves in the $77,000 range, some large-cap altcoins such as Binance Coin (BNB), XRP, Solana (SOL), and Tron (TRX) are rising. Meanwhile, Ethereum (ETH), despite a short-term

Wooil Shim
Staff Reporter
8 min read
Bitcoin Ranges Around $77,000... BNB, XRP, Solana, Tron Rise While Ethereum and HYPE Weaken in 'Selective Market'
CBC News

The cryptocurrency market continues to show mixed movements across major coins without a clear direction. While Bitcoin (BTC) moves in the $77,000 range, some large-cap altcoins such as Binance Coin (BNB), XRP, Solana (SOL), and Tron (TRX) are rising. Meanwhile, Ethereum (ETH), despite a short-term rebound, still retains mid-term losses, making it premature to judge that the overall market has turned bullish.

■ Bitcoin at $77,820... Lack of Direction, Altcoins Driven by Supply and Demand

According to market data on the afternoon of the 3rd, Bitcoin was trading at $77,820.86. Its short-term change is essentially flat, up 0.2% over 24 hours while down 1.4% over seven days. Its market capitalization stands at approximately $1.5626 trillion, with 24-hour trading volume of about $27.165 billion. As Bitcoin, which serves as the benchmark for the entire market, fails to establish strong direction, altcoins are also moving according to individual supply and demand.

■ Ethereum Down 3.5% Weekly... Relative Weakness Continues

Ethereum was trading at $2,408.04, down 0.6% over 24 hours and down 3.5% over seven days, with trading volume of about $12.93 billion. Given its larger weekly decline compared to Bitcoin, Ethereum's relative weakness appears to be continuing.

■ BNB, XRP, Solana, Tron Rise... Selective Buying

BNB rose 1.3% over 24 hours to $697.68. Although down 1.1% on a seven-day basis, it is showing resilience by limiting losses relatively well among major large-cap altcoins.

XRP rose 1.0% over 24 hours to $1.36. However, it fell 3.2% over seven days, meaning a single day's rebound has not fully recovered its recent correction. Its 24-hour trading volume was tallied at about $2.451 billion.

Solana held the $100 level. SOL was at $100.85, up 0.6% over 24 hours and down 1.0% over seven days, with trading volume of about $3.135 billion.

Tron also rose 1.1% over 24 hours to $0.3262.

■ HYPE Down 1.9%, ZEC Up 6.2% Weekly... Differentiation Among Coins

Hyperliquid (HYPE) fell 1.9% over 24 hours to $82.12, showing differentiation even among large-cap altcoins.

Notably, Zcash (ZEC) stood out. Zcash recorded $832.15, down 0.6% over 24 hours but up 6.2% over seven days, making it a coin with clear relative weekly strength among the major cryptocurrencies displayed.

■ "Short-Term Rebound ≠ Trend Reversal"... Key Factors to Watch

The current market is characterized by funds dispersing into select altcoins as Bitcoin neither collapses sharply nor builds strong upward momentum. BNB, XRP, Solana, and Tron rose on a daily basis while Ethereum and HYPE weakened, continuing a typical selective market.

In particular, daily gains and weekly returns need to be considered together. Assets like XRP that rebounded over the past 24 hours still remain negative on a seven-day basis, limiting the interpretation of a short-term rebound as an immediate trend reversal.

Going forward, the primary factor will be whether Bitcoin can stably hold the $77,000 level and establish an upward direction. In addition, whether high-volume coins like Ethereum and Solana turn bullish, and whether the selective buying seen in BNB and XRP spreads to other altcoins, will be key criteria for judging the market's breadth.

[※ This article was written for the purpose of providing information about the cryptocurrency market and does not recommend the purchase or sale of any specific virtual asset or guarantee investment returns. Price forecasts, support and resistance levels, and target prices mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and you may lose part or all of your investment principal. Investment decisions and their consequences are the responsibility of the investor, so please fully review market conditions and relevant information before investing. This article was written with AI assistance.]

Wooil Shim
Staff Reporter

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