- Bitcoin tumbles from a record high of $123K as top altcoins follow in a sharp downturn.
- Low-cap tokens like CROSS and BugsCoin post explosive gains despite the broader market pullback.
- Ethereum, XRP, Cardano, and Solana see minor losses as traders shift focus to emerging assets.
Bitcoin (BTC) declined by 4.7% in the last 24 hours to trade at $117,084 after briefly reaching a new all-time high of $123,090 the previous day.
The sudden reversal triggered heavy profit-taking across the market, wiping billions in value from top cryptocurrencies. Driven by heightened market activity, Bitcoin has recorded over $71.4 billion in trading volume, while its market capitalization stands at $2.32 trillion.
As with Bitcoin, Ethereum’s decline appears tied to short-term correction pressures after a stretch of bullish momentum. ETH maintained a $39.5 billion trading volume and a $359.9 billion market cap.
Also Read: XRP Hits Key Resistance as Expert Signals Critical Price Decision Zone
XRP dropped 3.5% to $2.87, cooling off after a sharp 26.5% weekly surge. The coin had a daily volume of $10.3 billion, a market cap of $169.5 billion. Among the leading altcoins, Cardano (ADA) experienced the strongest decline, decreasing by 5 percent to the price of $0.7242, despite a recent 25.8 percent surge.
Solana (SOL) lost 4.3% and dropped to $160.58, though it had registered a 7.6% gain over the week before showing signs of fatigue.
Dogecoin (DOGE) kept at the value of $0.1918 without displaying daily shifts despite an increase of 14 percent during the week.
Lesser-Known Coins Skyrocket as Big Players Lose Ground
BNB (BNB) dropped 0.1% to $681.70, reflecting similar weakness. TRON (TRX) slid 0.1% to $0.2998, and Lido Staked Ether (STETH) dropped 0.3% to $2,977.41, closely following Ethereum’s dip.
Amid the correction, small-cap tokens dominated gains. Cross (CROSS) skyrocketed 63.0% to $0.2118, leading the pack. BugsCoin (BGSC) soared 41.9% to $0.00751, while SX Network (SX), Ava AI (AVA), and W coin (W) each gained more than 20% in one day.
As major coins retreat from recent highs, speculative tokens are capturing market attention. Investors appear to be shifting short-term capital to high-risk, high-reward plays after booking profits on top-tier assets.
Also Read: Changpeng Zhao Says Bitcoin’s Current Peak May Soon Look Insignificant
