UNI and NEAR Lead Cryptocurrency Market Broad Advance
The cryptocurrency market has experienced a broad advance, with participation spreading beyond a single large asset. UNI and NEAR were among the leaders, with UNI up 39.69% over the week and NEAR rising by 51.39%. This comes after a period of uneven distribution of gains, where a handful of assets outperformed the rest.
The market capitalization closed at $2.7750 trillion, a 0.34% increase from the previous day. The top 100 breadth split was 85 positive against 15 negative, indicating a broadly healthy environment. However, the largest assets were not leading the advance, with Bitcoin participating without setting the pace.
The liquidity data remains uncertain, as stablecoin supply declined slightly and ETF-flows were flat. This raises questions about whether fresh capital entered the market through other channels. The coming sessions will test whether the 85/15 breadth count can hold and whether the cleaned median converges toward UNI and NEAR.