- Bitcoin slips as traders pause after strong early-week momentum.
- Low-cap tokens like QKA and PUNDLE dominate daily gainers list.
- Ethereum, Dogecoin, and Solana decline amid reduced investor activity today.
Bitcoin (BTC) recorded a slight decline in the last 24 hours, falling by 0.6% to $118,770. Despite holding above the key psychological level of $118,000, selling pressure increased during the session, leading to reduced momentum. BTC was performing relatively well in the market with a trading volume of more than $44 billion.
Ethereum (ETH) lost 0.6 percent and went to $3,803.90. Its staked equivalent, Lido Staked Ether (STETH), also declined unanimously by 0.6 percent to trade at the value of $3,800.77. The trading in both tokens was cooling down following steady weekly increases.
XRP (XRP) recorded a 0.5% decline, which was priced at $3.14. Meanwhile, BNB (BNB) dropped by 0.7% to close at the price of $832.75 as a result of a decline in demand for the Binance-linked asset.
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Solana (SOL) fell by 0.4 percent over the past 24 hours and is currently trading at $184.67, and the altcoin holders have been trading carefully.
Dogecoin (DOGE) was the worst performer among top cryptocurrencies, tumbling by 0.8 percent to $0.228. The meme-centered cryptocurrency appeared to be losing its traction despite a good beginning to the week. Cardano (ADA) also fell by 0.6%, so its price is trading at $0.7942 due to lower inflows.
Wrapped Bitcoin (WBTC), linked to the Ethereum network and with its price tracking that of BTC, decreased by 0.7 percent to $118,645, following the general trend in Bitcoin.
Low-Cap Tokens Outshine the Market With Sharp 24-Hour Gains
While major assets declined, several low-cap tokens posted substantial gains. Qkacoin (QKA) led the rally, soaring by 134.4% to $2.45 with growing retail interest.
Pepe Bundle (PUNDLE) rose 60.6% to $0.04606 on increasing speculative demand.
Ribbita by Virtuals (TIBBIR) was up 36.4 percent and is currently priced at $0.1147. Block (BLOCK) rose 29.5 percent to $0.2447, with gearbox (GEAR) up 28.9 percent to $0.004734. SQD (SQD) jumped 28.8 percent up to a price of $0.1976.
The market over the last 24 hours revealed a distinct difference between more prominent cryptocurrencies and smaller tokens. Major assets dropped slightly, and low-cap coins led the scene as they initiated high prices, most of which were induced by retail speculation.
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