What to Know
- Bitcoin (BTC) dropped 1.3% below $83,000 to $82,742.79, while Ethereum (ETH) declined 1.8% to $2,565.72 amid broader market losses.
- XRP recorded a 3.1% decline to $1.42, while Solana (SOL), Dogecoin (DOGE), and Hyperliquid (HYPE) also posted losses.
- BNB and TRON recorded modest gains despite broader market losses, while SWORDINU surged 504.3% and GRX Chain climbed 61.9%.
Bitcoin (BTC) dropped below $83,000 as the broader cryptocurrency market recorded losses, with Ethereum (ETH), XRP, and Solana (SOL) also declining. According to CoinGecko data, Bitcoin fell 1.3% over 24 hours to $82,742.79, while its trading volume reached $35.93 billion.
The leading cryptocurrency maintained a market capitalization of $1.66 trillion, while Ethereum recorded a larger decline of 1.8% to $2,565.72. Ethereum’s daily trading volume reached $16.37 billion, bringing its market capitalization to $313.31 billion during the same trading period.
Meanwhile, XRP recorded a steeper decline than Bitcoin and Ethereum, falling 3.1% to $1.42 as its trading volume reached $2.22 billion. The cryptocurrency maintained a market capitalization of $89.30 billion, while Solana (SOL) also declined 2.2% to trade at $115.64.
Solana’s trading volume reached $2.74 billion, with its market capitalization standing at $68.12 billion as losses extended across other major cryptocurrencies. Dogecoin (DOGE) dropped 1.7% to $0.08865, while Hyperliquid (HYPE) recorded a larger decline of 3.3% to $87.72. Zcash (ZEC) also declined 2.5% to $1,296.94, bringing its market capitalization to $22.01 billion amid the broader market downturn.
Also Read: Ripple Adds Canton Custody Support for Banks Holding Tokenized Assets
BNB and TRON Record Gains as Smaller Altcoins Outperform Bitcoin and Ethereum
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Despite losses across Bitcoin, Ethereum, and XRP, BNB and TRON recorded modest gains, while several smaller cryptocurrencies posted double-digit increases. BNB gained 0.6% to $768.97, with its market capitalization reaching $102.39 billion and daily trading volume totaling $776.52 million. Similarly, TRON (TRX) increased 1.0% to $0.3356, while its trading volume reached $364.08 million and market capitalization stood at $31.88 billion.
Among smaller cryptocurrencies, inu wif sword (SWORDINU) led the gainers with a 504.3% increase to $0.01766 and $12.26 million in trading volume. GRX Chain (GRX) followed with a 61.9% gain to $21.14, while Meteora (MET) climbed 49.6% to $0.4685.
Meteora recorded $227.92 million in trading volume, while Quantus (QTC) advanced 44.7% to $145.74 with $26.37 million in trading activity. Additionally, ShareX (SHARE) gained 43.5% to $0.878, while Quantum Resistant Ledger (QRL) increased 37.1% to $1.19.
Hookr.fun (HOOKR) also climbed 32.0% to $0.01908, while Precious Metals USD (PMUSD) gained 21.7% to trade at $0.5867. Overall, Bitcoin’s decline below $83,000 accompanied losses across Ethereum, XRP, and Solana, while BNB, TRON, and several smaller cryptocurrencies recorded gains.
Also Read: Bitcoin Worth $2.43 Million Moves Toward Kraken After 15 Years of Dormancy
