Bitcoin Dominates as XRP, SOL, AVAX Rally; ETH Leads Losses in Weekly Crypto Review

Bitcoin Dominates as XRP, SOL, AVAX Rally; ETH Leads Losses in Weekly Crypto Review

N
News Editor 01
2026-07-08 21:04:13
Crypto market cap fell 1.56% to $2.66T as BTC dominance rose to 62.5%. ETH dropped 9.91% weekly, while SOL surged 11.72%, AVAX 15.64%, and XRP 3.96%. Trading volume slipped to $74.4B.
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The cryptocurrency market declined 1.56% over the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets delivered mixed performances.

Bitcoin Dominance Rises to 62.5%

Bitcoin (BTC) maintained its dominance, trading at $83,781 with a modest daily decline of 1.35%, yet still up 1.72% over the seven-day period. Its market share climbed to 62.5%, highlighting continued investor preference amid broader volatility.

Ethereum Posts Steepest Weekly Loss

Ethereum (ETH) recorded the steepest weekly loss among major tokens, falling 9.91% to $1,579.03. It also dropped 4.87% over the last day, further widening the performance gap with Bitcoin.

Solana and Avalanche Lead Altcoin Rally

Solana (SOL) topped the 15 largest gainers, rising approximately 11.72% to $128.02, signaling strong momentum among alternative layer-1 (L1) protocols. Avalanche (AVAX) followed with a weekly jump of 15.64%, despite a daily decline of 1.29%.

Other top performers included Chainlink (LINK), which rose 4.3% over the week, and XRP, which gained 3.96% to $2.14. Meanwhile, Cardano (ADA) fell 3.56% and Dogecoin (DOGE) dropped 2.41%.

BNB, the fifth-largest coin by market cap, declined 2.25% to $584.40. Market volume slipped 0.49% to $74.41 billion, reflecting cooling sentiment.

As the market repositions, Bitcoin's strength and selective altcoin rallies suggest cautious optimism amid broader downward pressure heading into the third week of April.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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