In the cryptocurrency realm, Bitcoin and Ethereum faced a decline on Friday, with Bitcoin dropping by 2.60% to $34,630.39 and Ethereum decreasing by 3.20% to $1,797.61. Despite this daily dip, Bitcoin registered a weekly gain of 1.68%, elevating its market cap to $676.14 billion, while Ethereum experienced a 0.63% increase over the week, pushing its market cap to $216.07 billion.

During the same day, other cryptocurrencies such as BNB, XRP, Cardano, and Dogecoin witnessed price fluctuations. Solana notably led the pack with a robust weekly surge of 17.79%, and PancakeSwap was another standout performer, experiencing a 9% daily rise.

In contrast to the volatile prices of these cryptocurrencies, stablecoins like Tether, USD Coin, and Binance displayed low volatility. DeFi tokens like Chainlink (down 7.30%), Wrapped Bitcoin, Dai, Avalanche, and Uniswap also showed varying performance.

The market also saw activity in NFT tokens, including Internet Computer (up 5.82%), Render, Stacks, Immutable, and Axie Infinity. The top five gainers in a day were Cronos (up 7.04%), PancakeSwap, Trust Wallet Token, Mantle, and UNUS SED LEO, while the biggest losers were Conflux (down 13.65%), Render, Neo, Pepe, and Compound.

Over the last 24 hours, the total crypto market volume was $50.25 billion, with a global crypto market cap of $1.29 trillion, indicating a daily increase of 1.32%. This was slightly higher than the previous day’s total crypto market volume of $48.57 billion, which marked a decrease of 2.66%.

The Fear & Greed Index for the crypto market stood at 72 on Friday, signifying a level of investor sentiment that could influence market behavior. The top cryptocurrencies included Bitcoin, Ethereum, BNB, Tether, XRP, Cardano, Solana, Dogecoin, TRON, and USDC, each exhibiting varying degrees of price increase or decrease over the last 24 hours.