- Bitcoin and Ethereum led losses as selling pressure dominated major cryptocurrencies
- XRP, BNB, Solana and Dogecoin followed amid heightened market volatility
- Smaller cap tokens defied downturn, posting strong gains despite broader sell off
The cryptocurrency market experienced a sharp downturn over the past 24 hours as intensified selling pressure swept across major digital assets. Price movements were broadly synchronized, heightening concerns about short-term market stability.
Bitcoin fell 3.6 % to $86,516.45, with daily trading volume reaching $50.36 billion and market capitalization slipping to about $1.73 trillion. Ethereum posted steeper losses, declining 6.2 % to around $2,946.13. ETH recorded $29.85 billion in 24-hour volume, while its valuation eased to roughly $355.72 billion.
Also Read: Ethereum Surges Above $3,000: Is $8,000 on the Horizon by 2026?
BNB followed the broader decline, dropping 2.8 % to trade near $865.30, reducing its market capitalization to approximately $119.17 billion. XRP also faced pressure, falling 5.3 % to about $1.90, alongside $3.66 billion in daily volume and a valuation near $114.61 billion.
Solana slipped 3.9 % to $127.30, lowering its market cap to $71.49 billion. Dogecoin declined 5.1 % to $0.13, with $1.29 billion in volume and $19.78 billion valuation.
Smaller Assets Move Against the Broader Market Trend
While major cryptocurrencies moved lower, several smaller digital assets posted sharp gains amid heightened market volatility. Market data showed a clear divergence, underscoring continued speculative interest in lower-capitalization tokens despite broader weakness. Mind Network (FHE) topped short-term gainers, surging 47.2 % to trade at $0.1137. RaveDAO (RAVE) followed with a 25.2 % advance, changing hands near $0.3963 on strong volume.
Pippin (PIPPIN) climbed 24.2 % to $0.4527 during active trading sessions, while AI Rig Complex (ARC) rose 21.8 % to $0.04573. HumidiFi (WET) also recorded notable gains, increasing 17.4 % to around $0.2116.
Notably, WET registered more than $287.52 million in daily trading volume, placing it among the most actively traded gainers. Overall, the market signaled a risk-off tone for major cryptocurrencies, while sustained volume suggested portfolio repositioning rather than a full withdrawal by traders.
Also Read: Reece Merrick Teases Major Ripple Momentum: Big Week Ahead for XRP!
