Altcoins trade mixed as total crypto market capitalization remains unchanged at $3.11 trillion.
Crypto markets were mostly unchanged on Friday, as Bitcoin (BTC) traded around $90,000, while major altcoins swung between minor gains and losses.
BTC is trading at $89,800, flat over the past 24 hours, after reaching as high as $91,200 earlier in the day. Meanwhile, ETH continues to change hands at $2,950, SOL and XRP are down less than 1%, and BNB is up 0.6% on the day.
The overall crypto market capitalization stands at $3.11 trillion, according to Coingecko.
The short-lived rebound followed Bloomberg’s report that Swiss bank UBS, which manages over $4 trillion in assets, is planning to offer crypto investments to some of its private banking clients.
The Top 100 digital assets posted mixed performances over the last 24 hours.
Top gainers include perpetuals platforms Hyperliquid (HYPE) and Aster (ASTER), which rallied 5% and 4%, respectively.
Internet Computer (ICP) and Polygon (POL) are among today’s biggest losers, down around 4%.
Around 104,000 leveraged traders were liquidated for a total of $312 million in the past 24 hours, according to CoinGlass. Bitcoin accounted for $106 million, while ETH positions made up $94 million.
Meanwhile, precious metals hit another record high. Gold is inching ever closer to the $5000/oz mark, while silver is trading above $100/oz for the first time. The rally has been accelerating as the U.S. dollar continues to weaken, with the Dollar Index hitting a four-month low earlier today.
