- Bitcoin, XRP, and Solana tumble as altcoins surge
- Major cryptocurrencies decline while smaller tokens post double digit gains
- Market divergence deepens as traders rotate capital rapidly
A sharp split has emerged across the crypto market, with heavyweight coins retreating and lesser-known tokens surging. Bitcoin BTC fell to $68,431.60 after losing 2.7% in the past 24 hours. The decline came amid sustained selling pressure across major cryptocurrencies.
Trading volume reached $40,887,592,491, showing that activity remained strong despite the pullback. Its market capitalization is held at $1,367,956,668,530. XRP also moved sharply lower during the session. The token dropped 7.2% to trade at $1.47. Moreover, XRP recorded $4,855,948,537 in daily trading volume. Its market capitalization is adjusted to $89,253,637,501 as sellers dominated the market.
Solana SOL extended its downward move, declining 5.1% to $84.99. Additionally, SOL generated $4,042,849,451 in 24-hour trading volume. Its market capitalization stood at $48,300,618,995, reflecting continued repositioning among traders.
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Ethereum ETH joined the broader downturn and fell 5.7% to $1,965.68. Consequently, ETH posted a daily trading volume of $26,126,232,467. Its market capitalization remained at $237,242,635,356, maintaining its position as the second largest cryptocurrency.
Binance Coin BNB declined 3.7% to $612.49, with trading volume reaching $882,788,835. Meanwhile, Dogecoin DOGE recorded the steepest drop among leading assets. DOGE slid 10.7% to $0.1023, while daily volume climbed to $1,940,678,432. Cardano ADA also lost 5.8% and traded at $0.2799, supported by $450,470,502 in volume.
Smaller Tokens Rally as Capital Rotates Away From Majors
While large-cap cryptocurrencies retreated, several smaller tokens posted significant gains. GRX Chain GRX surged 53.5% to $3.75, backed by $16,891,107 in trading activity. Similarly, Siren SIREN jumped 47.6% to $0.2142, generating $17,417,035 in daily turnover.
Checkmate CHECK advanced 21.8% to $0.08359, with volume reaching $27,467,601. Stable STABLE gained 18.5% to $0.02765 after recording $41,307,411 in trading volume. Moreover, Pepecoin PEP climbed 16.8% to $0.0002765, although its trading volume remained at $249,539.
Venice Token VVV increased 13.3% to $4.29, supported by $61,814,745 in activity. PYTHIA PYTHIA added 12.6% to $0.04414, with $400,036 recorded in daily trades. The divergence between declining major cryptocurrencies and rising smaller tokens suggests a short-term rotation of capital. However, overall sentiment remains cautious as leading assets struggle to regain upward momentum.
Major cryptocurrencies, including Bitcoin BTC, XRP XRP, and Solana SOL, moved lower over the past day, while several smaller tokens delivered double-digit gains. Consequently, the market reflects a split trend where traders shift focus toward high volatility altcoins as large caps consolidate.
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