- Bitcoin and Ethereum dip as crypto market cools after rally.
- Major altcoins record mild 24-hour declines amid market correction.
- Smaller tokens surge despite widespread losses in leading cryptocurrencies.
The cryptocurrency market witnessed a notable cooldown over the past 24 hours as leading digital assets slipped from recent highs. Bitcoin (BTC) dropped 2.6% to trade at $110,137, marking a pause after strong momentum earlier in the week.
Its market capitalization settled at $2.19 trillion, with trading volume holding firm at $71.7 billion, indicating steady investor engagement despite the correction.
Ethereum (ETH) also faced downward pressure, falling 3.0% to $3,905.49. The decline reflected a short-term adjustment following sustained gains in previous sessions. Its market capitalization stood at $472.1 billion, as traders continued to gauge whether the pullback signaled consolidation or the start of a broader correction.
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Altcoins Reverse Course as Selling Pressure Builds
The downturn extended across several major altcoins. BNB (BNB) edged lower by 0.1% to $1,110.37, while XRP (XRP) slipped 2.3% to $2.56 after an earlier bullish streak. Dogecoin (DOGE) also weakened, losing 1.7% to trade at $0.1906, as retail enthusiasm tapered slightly.
Solana (SOL) dropped 0.4% to $194.19, signaling mild market consolidation, while Cardano (ADA) slid 1.1% to $0.6369, reflecting cooling momentum after a week of moderate gains.
Lido Staked Ether (STETH) mirrored Ethereum’s losses, down 3.1% to $3,904.00, and Wrapped Bitcoin (WBTC) fell 2.3% to $110,256, following Bitcoin’s direction. Wrapped stETH (WSTETH) also declined 3.0%, trading at $4,757.91, extending the bearish tone across staking-related assets.
Smaller Tokens Outperform Despite Broad Market Dip
Even as top cryptocurrencies retreated, a handful of smaller projects posted remarkable 24-hour gains. Jelly-My-Jelly (JELLYJELLY) soared 44.9% to $0.1221, driven by a surge in speculative activity and strong trading volume of $27.8 million.
Aurora (AURORA) followed with a 42.0% jump to $0.07241, while Anvil (ANVL) climbed 33.2% to $0.00103. EVAA Protocol (EVAA) advanced 30.1% to $11.90, and ArAIstotle (FACY) gained 25.8% to $0.06426, defying the broader market trend.
The 24-hour trading period marked a cooling phase for the crypto market as key assets retreated slightly after strong rallies. Despite the declines, overall liquidity remained robust, suggesting that traders are taking profits rather than exiting positions.
With smaller tokens showing resilience, market watchers remain alert to whether this pullback will stabilize or trigger further corrections across major cryptocurrencies.
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