The cryptocurrency market showed a large look at the risk on May 29, 2025, as trading increased in Altcoins, as the maximum global market rose to $ 3.44 trillion and a volume of 6 % to more than 129 billion dollars.
Amid this, Bitcoin (BTC) remained near its highest levels ever, and trading exceeding $ 108,770.
Meanwhile, ETHEREUM (ETH) led Altcoin with a noticeable increase by 3 % in 24 hours to reach its highest levels above $ 2700.
This upward momentum in ETH raised significant gains in relevant altcoins such as expression (ARB) and eignlayer (Eigen).
Bitcoin price is fixed amid tariff news
On May 29, 2025, the Bitcoin price witnessed a slight increase on Thursday, trading more than 108,700 dollars after dipping it to its lowest levels of $ 106,000 on May 28.
BTC was held at the decisive level as the encryption market turned into a rise in the wake of the US Court’s decision to prevent President Donald Trump’s tariff.
This institutional demand for BTC, with Metaplanet in Japan, raised $ 21 million to boost Bitcoin’s holdings, the assets of Crypto Asset helped fixed.
Other news that added to the upscale feelings includes obtaining the Gamestop from 4,710 BTC and flows to the instant bitcoin boxes.
Ethereum price exceeds 2700 dollars
Ethereum rose Thursday morning, trading briefly over $ 2770 and extends its rally that started in early May when it broke out from less than $ 1,800.
This step represents more than 48 % in the past thirty days.
Analysts say ETH is likely to merge above the level of $ 2700 in the short term, with a new momentum that is likely to pay the price to $ 3300.
The main goal in the short term remains 4000 dollars, a level that can appear in the event of whether the upward feelings are continuing and market conditions remain favorable.
“$ ETH finally pumps,” Lark Davis’s encryption analyst was published on X, indicating that this height may lead to altcoin gathering.
Bitcoin cut around its highest levels ever.
$ ETH In the end, pump. You know what will happen next.
Arb, Eigen is among the best winners with an eth height
The ETHEREUM Rally raised many relevant altcoins, with the definition (ARB), EignLayer (Eigen), and Lido Dao (LDO) that spread impressive gains.
Arb, the distinctive, introductory symbol, increased, approximately 10 % before exfoliation of gains.
The bullish trend has benefited greatly from the network’s developments and optimism about the echerum ecological system.
IGEN, associated with eignlayer re -recovery protocol, jumped by 12 % in 24 hours and 18 % during the week.
The rise reflects the increasing interest in the Ethereum Layer-2 and Defi market.
Lido Dao (LDO), a liquid protocol, has increased by 8 % in the past 24 hours and 14 % over the past week.
What are the winners today?
Among the best winners, the Zebec network (ZBC) increased by 32 %, the SNT (SNT) increased by 25 %, and SPX6900 (SPX) increased 22 %.
On the negative side, Sophon (SOPH) decreased by 24 %, and Nexpace (NXPC) decreased by 12 %.
Meanwhile, Blum (column) decreased by 8 %.
I recently gained symbols with most of the market decreased.
However, with the profits in its place, they are now suffering from poor performance in the direction of the wider market.
The post Crypto Wrap on May 29: BTC holds $ 108,000, ETH Surge helps Arb, and the highest Eigen first appeared on Invezz
