XRP climbed 1.1%, SOL advanced 1.3% and DOGE rose 1.3%, all outperforming bitcoin and ether over the same period. The 24-hour BTC-USD price chart from TradingView (based on data from Bitstamp) showed bitcoin trading within a narrow band. After sliding earlier in the session, price found support in the mid-$87,500s before rebounding toward the upper end of the range near $87,900.
As of 10:35 a.m. UTC, total crypto market capitalization stood at $3.06 trillion, up 0.8% over the past 24 hours. Bitcoin rose 0.5% to $87,872, and ether rose 0.5% to about $2,939, with ETH listed at $2,941.52. Glassnode posted an update showing spot trading around $87,800. The Kobeissi Letter pointed out on Friday that silver is up roughly 155% year to date, briefly becoming the world’s third-largest asset by market capitalization, while gold is up about 72% this year.
Outside of crypto, precious metals remained in the spotlight as investors continued to gravitate toward traditional inflation hedges amid concerns about long-term purchasing power. The firm compared the move to 1979, when inflation was running at double-digit levels.
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