Major cryptocurrencies experienced a sharp decline over the last 24 hours, marking a shift in market sentiment. Bitcoin dropped by 1.9 percent to trade at $105,817, with over $40 billion in trading volume.
Ethereum followed suit, declining 3.8 percent to $2,622 as daily trading activity exceeded $23 billion, reflecting strong selling pressure across the market.
XRP declined by 4 percent and is presently trading at $2.19, falling alongside larger cryptocurrencies as the market came under pressure despite its popularity.
BNB declined 2 percent within 24 hours to trade at $670.01, while Solana also fell 5.2 percent and is currently trading at $163.54. Although trading volume remained unchanged, both assets fell in line with the market decline, as investor sentiment shifted sharply due to sudden volatility and uncertainty surrounding broader macroeconomic developments.
Among the biggest cryptocurrencies, Dogecoin saw the steepest drop, falling 8.7 percent to $0.2051. The meme-based asset saw nearly $2 billion in volume as traders reacted to the downward pressure.
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Select Altcoins Defy Market Trend with Explosive Gains
Despite the broader sell-off, several lesser-known altcoins recorded significant price increases. Pocket Network (POKT) led the gains, soaring 280.5 percent in 24 hours to trade at $0.0483. The asset saw a trading volume of over $27.6 million, making it the day’s top performer.
Nobody Sausage (NOBODY) surged 57.1 percent to $0.04868, with over $8.7 million in volume. Finvesta (FINVESTA) saw its price increase by 37.9 percent to $34.98, supported by $632,000 trading volumes.
Livepeer (LPT) enjoyed a strong surge, adding 32.9% and reaching $7.42. A trading volume of $300 million was recorded, showing that more people are interested in the market.
With Bitcoin, Ethereum, and Solana falling significantly, some altcoins saw gains of over 100%. The trading patterns indicate that more investors are now betting on low-cap tokens while the market is experiencing ups and downs.
Also Read: Whales Move $216M in Bitcoin to Coinbase as BTC Eyes $120K Breakout
