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Crypto Market Sunday: Altcoin Fellaz dominates, Bitcoin holds steady at $96K

Crypto Market Sunday: Altcoin Fellaz dominates, Bitcoin holds steady at $96K

CryptotimesCryptotimes2025/05/05 00:44
By:Shubham SahuVaibhav Jha

The broader cryptocurrency market stood at a robust $2.97 trillion market capitalization as of May 4, 2025, following a week of varied performance across major coins and emerging altcoins.

Bitcoin maintained its market supremacy by controlling about 63.9% of the total market share. The BTC price maintains a position at $96k while experiencing a 0.82% intraday drawdown, which indicates mild bearish market conditions. The BTC price may reach $105K according to analysts who expect market support from buyers.

On the other hand, Ethereum was trading at $1,830 with a 24-hour drawdown of 0.26%. Furthermore, the daily trading volume is at $13.67 billion, and it maintains a market cap of $222.43 billion.

The altcoin market sector shows high levels of price fluctuations. The altcoin Fellaz (FLZ) demonstrated exceptional growth by achieving a 66% weekly increase, which brought its price to $2.93 with a trading volume of $22.56 million during the 24-hour period. 

The conflicting data shows that the coin experienced a 3.72% weekly decrease according to certain reports, which reveals the volatile nature of the crypto market.

Crypto Market Sunday: Altcoin Fellaz dominates, Bitcoin holds steady at $96K image 0 Crypto Market Sunday: Altcoin Fellaz dominates, Bitcoin holds steady at $96K image 1 Source: TradingView

On the other side, the controversial king, OFFICIAL TRUMP token ($TRUMP), declined by 24% in a week while its daily trading volume reached $1.02 billion at $11.17 per token. 

TRUMP occupies position 44 on CoinMarketCap with a market capitalization of $2.23 billion, yet its current performance shows declining interest in the meme coin.

The week was volatile and gave mixed signals, where bears and bulls continuously battled to grab control of the trend. However, the analysts suggest the market is stabilising and bulls have more power than bears. Therefore, the market can expect bullishness in the upcoming week.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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