- Bitcoin, Ethereum, and XRP prices retreated as selling pressure spread
- Altcoins delivered sharp gains despite broad weakness among major cryptocurrencies
- Volatility increased as traders rotated funds from large caps to smaller tokens
Bitcoin and several major cryptocurrencies declined over the last 24 hours as selling pressure returned to the market. The pullback weighed on large-cap assets, while sharp movements in altcoins increased overall market volatility. Bitcoin (BTC) fell by 2.8%, trading at $87,272.88 during the session. Despite the decline, 24-hour trading volume remained strong at $43.11 billion, while market capitalization slipped to $1.74 trillion.
Ethereum (ETH) also moved lower, dropping 3.0% to trade at $2,942.51. Additionally, daily trading volume reached $22.22 billion, while market capitalization eased to $355.35 billion. BNB declined by 1.4%, with the price settling at $852.21. However, trading volume held at $1.10 billion, as market capitalization adjusted to $117.26 billion.
XRP posted a 2.2% decline, trading at $1.86 over the same period. Moreover, 24-hour trading volume totaled $1.84 billion, supporting a market capitalization of $112.72 billion. Solana (SOL) recorded one of the steeper losses among major assets, falling 3.3% to $123.54. Notably, trading volume remained elevated at $3.81 billion, while market capitalization decreased to $69.56 billion.
Dogecoin (DOGE) also traded lower, shedding 3.0% to $0.1231. Hence, market capitalization slipped to $20.69 billion, supported by $833.59 million in daily trading volume.
Also Read: Jake Claver Warns XRP Price Shocks May Intensify Due to Ripple Escrow Limits
Altcoin Volatility Intensifies Market Pressure
While leading cryptocurrencies declined, several mid-cap assets posted gains, adding mixed signals to the market. Cardano (ADA) rose 6.8% to trade at $0.3513, moving against the broader trend. Additionally, Cardano recorded $640.34 million in daily trading volume, lifting its market capitalization to $12.88 billion. This performance contrasted sharply with losses among larger cryptocurrencies.
TRON (TRX) recorded a modest increase of 0.3%, trading at $0.2851. Market capitalization climbed to $26.98 billion, reflecting steady network activity.
Among top gainers, JojoWorld (JOJO) surged 805.3% to $0.2615. Trading volume exceeded $23.24 million, placing the token among the session’s most volatile movers. Beta Finance (BETA) advanced 176.8% to $0.04499, although trading volume remained limited at $221,120.
GXChain (GXC) gained 49.3% to trade at $0.5436. Furthermore, ElizaOS (ELIZAOS) increased 46.1% to $0.003736, while 0x Protocol (ZRX) climbed 24.0% to $0.1638. Polymesh (POLYX) followed with a 20.3% rise to $0.06234.
Overall, the latest session showed renewed pressure on major cryptocurrencies alongside heightened altcoin volatility. Consequently, traders remained cautious as losses and selective rallies shaped short-term market sentiment.
Also Read:Â Bitcoin Fails at $90,000 Yet Again, Triggering Sharp Selloff and Trader Anxiety
