- Major cryptocurrencies retreat as selling pressure spreads across global digital asset markets
- Bitcoin, Ethereum, and XRP post losses amid cautious trader repositioning
- Smaller tokens surge sharply despite broader market downturn and volatility
Price boards across major crypto exchanges flashed red during the last 24 hours, as leading digital assets retreated amid steady trading activity. Market behavior indicated reduced risk appetite, with traders trimming positions across large capitalization cryptocurrencies.
Major Cryptocurrencies Face Coordinated Pullback
Bitcoin BTC declined 1.9% to trade at $90,705.09, retaining its position as the largest cryptocurrency by market value. Trading volume reached $43.45 billion, while its market capitalization slipped to $1.81 trillion, reflecting controlled selling rather than panic-driven exits.
Ethereum ETH followed the downward trajectory, falling 3.3% to $3,139.93 over the same period. Additionally, Ethereum recorded $21.67 billion in daily trading volume, with its market capitalization adjusting lower to $378.94 billion, as selling pressure spread across smart contract platforms.
XRP posted one of the steepest declines among top assets, dropping 5.0% to $2.14 within 24 hours. Consequently, its market capitalization decreased to $130.17 billion, while $4.30 billion in trading volume pointed to active short-term repositioning.
Also Read: Shiba Inu Selling Pressure Stalls as Massive Exchange Outflows Suddenly Appear
BNB also traded lower, sliding 2.1% to $893.30, while posting $1.57 billion in daily trading volume and a market capitalization of $123.03 billion, indicating sustained liquidity despite weaker prices.
Solana SOL declined 1.4% to $136.45, as recent upward momentum slowed. Trading volume stood at $4.31 billion, while its market capitalization fell to $77.01 billion, signaling cooling demand after prior gains.
TRON TRX recorded a 1.0% decline, trading at $0.2977, with its market capitalization settling at $28.17 billion. Dogecoin DOGE mirrored broader market weakness, slipping 1.4% to $0.1454, supported by $1.50 billion in trading volume.
Cardano ADA also moved lower, declining 2.8% to $0.3985, while daily trading volume reached $624.39 million and its market capitalization dropped to $14.63 billion, reflecting cautious participation.
Smaller Tokens Attract Attention Despite Market Pullback
Despite weakness among major cryptocurrencies, several lower-ranked tokens recorded notable gains. zkPass ZKP surged 59.2% to $0.1849, supported by elevated trading volume of $461.69 million, marking one of the strongest moves of the session.
Similarly, aelf ELF climbed 47.2% to $0.142, while Gunz GUN advanced 35.9% to $0.02144. Additionally, USCR rose 31.0% to $0.0409, despite comparatively lower liquidity.
The White Whale WHITEWHALE gained 23.3%, trading at $0.1083, while PAAL AI PAAL also increased 23.3% to $0.03. Xertra STRAX added 19.7%, reaching $0.02669, and AI Companions AIC climbed 20.1% to $0.1567.
Market activity underscored a clear divergence between declining large-cap assets and speculative interest in smaller tokens. Consequently, capital rotation remained selective as volatility continued across the cryptocurrency market.
Also Read: Stellar XLM Shaken as Open Interest Crashes 12% Amid Sudden Market Sell-Off
