Broader market analysis on the top trending cryptocurrencies

[Dhray]

Bitcoin remains the dominant force, having touched a record high near $123,000, and continues to benefit from institutional ETF inflows. Its market capitalization is now close to $2.4 trillion despite minor intraday corrections. I quickly run some analysis of top cryptocurrencies on Bingx and came up with some of this analysis, $XRP continues to perform exceptionally well in today’s market, currently priced at around $2.86 with strong weekly gains exceeding 27%. It recently reclaimed $3.00 before consolidating, with derivatives interest hitting multi-month highs. Ethereum has also shown strength, trading near $2,977. Although down slightly today, it has still gained around 17% over the last week, supported by rising on-chain activity. $XLM has been a breakout performer, gaining more than 110% in just six days. Meanwhile, AVAX is trading at $20.83, maintaining a solid position in the top 40 by market cap. With total crypto market capitalization at $3.67 trillion and daily volume over $260 billion, the overall sentiment remains bullish across most major tokens. Traders and investors could keep a close watch of the market on Bingx and make the best decision from the market trends