- Bitcoin and Ethereum decline as altcoins face widespread 24-hour losses.
- Dogecoin, Cardano, and Solana tumble amid overall market correction.
- XPIN and KGeN soar despite major cryptocurrencies sliding in value.
Bitcoin (BTC) lost momentum in the past 24 hours, slipping 4.5% to $106,345. The cryptocurrency’s market capitalization dropped to $2.12 trillion, with a daily trading volume of $89.86 billion. The pullback suggests that traders are taking profits after several days of strong upward movement.
Ethereum (ETH) also declined, falling 6% within the same period to $3,785.66. Its market capitalization now stands at $456.33 billion, reflecting increased sell-offs across major exchanges. Despite steady network activity, investor sentiment turned cautious amid broader market weakness.
BNB followed the trend, declining 8.4% over the last day to $1,084.69 with a trading volume of $4.48 billion. XRP dropped 6.1% to $2.28, trimming its market value to $136.40 billion. The declines across these leading assets highlight a temporary slowdown in buying activity after recent rallies.
Also Read: XRP Ledger’s Upcoming Batch Feature Sparks Developer Excitement but Faces Support Hurdles
Altcoins Retreat as Dogecoin, Cardano, and Solana Fall
Dogecoin (DOGE) registered a notable decline of 8.6% over the past 24 hours, falling to $0.1812 with a trading volume of $3.38 billion. Cardano (ADA) also slipped 8.5%, settling at $0.6167, as traders reacted to the market-wide correction.
Solana (SOL) dropped 7.8% to $179.23, showing signs of cooling after a strong weekly run. TRON (TRX) eased 3.5% to $0.3108, while Lido Staked Ether (STETH) mirrored Ethereum’s movement, losing 6% to $3,785.06. Wrapped stETH (WSTETH) also fell 6% to $4,606.76, reinforcing the bearish tone in the broader market.
Top Gainers Defy Market Trend
While most major cryptocurrencies traded lower, several lesser-known tokens recorded impressive gains. XPIN Network (XPIN) surged 95.8% to $0.002516, with a trading volume of $72.36 million. KGeN (KGEN) followed closely, jumping 88.9% to $0.5155 as investors sought high-risk, high-reward opportunities.
BNB Attestation Service (BAS) advanced 61.7% to $0.1295, while Boundless (ZKC) climbed 51.8% to $0.2773 with a strong trading volume of $247.29 million. SEDA gained 44.4% to $0.07822, and Dego Finance (DEGO) rose 32.5% to $1.61, maintaining strong momentum despite the broader downturn.
These gains among emerging tokens indicate selective investor interest in smaller-cap assets even as large-cap cryptocurrencies faced pressure.
The last 24 hours have brought a clear market correction, with major cryptocurrencies such as Bitcoin, Ethereum, BNB, and Solana all recording declines. However, the strong performance of tokens like XPIN, KGeN, and BAS demonstrates that opportunities still exist in specific segments of the market. The contrasting movements reflect ongoing market volatility and a shift in investor focus between large and emerging digital assets.
Also Read: Changpeng Zhao Urges Coinbase to Embrace BNB Chain Projects, Citing Ecosystem Unity
