Crypto market overview: Altcoins rule the day; NEM gains 48% in recent 24 hours

The market is on the upside quest.
Bitcoin retraced from intraday high.
NEM is the growtth leader of the day.

Tanya Abrosimova Independent Analyst

Bitcoin (BTC) and major altcoins continue gaining ground on Thursday. The total capitalization of all digital assets in circulation hit $262 billion from $243 billion on Wednesday, while an average daily trading volume reached $102 billion. Meanwhile, Bitcoin's market share dropped to 55.7% as altcoins seem to be more successful lately.

Top-3 coins price overview:

Bitcoin is hovering around $8,300, which is over 3% higher from this time on Wednesday. The largest digital coin came close to $8,400 handle and hit a multi-month new high during early Asian hours on Wednesday. The volatility remains high, though the coin is vulnerable to a short-term correction.
Ethereum, the second biggest digital asset with the market value of over $28.0 billion, is one of the best performers of the day. ETH/USD has gained over 20% in recent 24 hours and nearly 10% since the beginning of Thursday. ETH is changing hands at $272 at press time.
Ripple's XRP is sitting at $0.4700 with over 9% gains in recent 24 hours and 2.5% on Wednesday. The third largest coin has a total capitalization of $19.8 billion.

The biggest market-movers:

NEM is an uncontested leader of the day with over 48% of gains in recent 24 hours. NEM now takes 17th place in the cryptocurrency rating with the market value of $930 million. It is changing hands at $0.1033.
Stellar is also a big mover with over 27% of gains on a day-on-day basis. XLM/USD is trading at $0.1512 and takes the 8th place in the CoinMarketCap's rating.
Ethereum Classic (ETC) climbed towards $8.2 on Thursday, which is 23% higher from this time on Wednesday. The coin is moving within a strong bullish trend amid high volatility.

Author

Tanya Abrosimova

Independent Analyst

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.

Bitcoin extends gains as ETF inflows persist despite broadening US-Iran war

Bitcoin hovers around $73,000 on Thursday, driven by the US Stock market recovery, boosting risk-on sentiment. Data shows analysts are mostly bullish on Bitcoin, citing renewed demand from institutional investors, on-chain holders, and the derivatives market.

Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war

The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.

Pi Network eyes breakout rally as broader market recovers

Pi Network (PI) price extends gains above $0.1900 at press time on Thursday, following a 7% increase the previous day. The upcoming token unlock of more than 20 million PI tokens on Saturday looms over the short-term recovery.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.