- Bitcoin, Ethereum, Dogecoin drop amid broad 24-hour market downturn.
- Top altcoins like RIZE and STRIKE soar against market flow.
- Major cryptocurrencies lose steam as traders lock in recent gains.
The cryptocurrency market saw a broad pullback over the past 24 hours, as several major coins registered losses. Bitcoin, Ethereum, Dogecoin, XRP, BNB, and Lido Staked Ether all experienced declines, signaling a possible pause after a strong bullish run.
Bitcoin (BTC) fell by 0.8 percent, trading at $117,383 with a daily trading volume of more than $53.6 billion. With a market cap of $2.33 trillion, Bitcoin has continued to perform well in the market, but this small decrease was a result of profit-taking on recent highs.
Ethereum (ETH) declined 2.4 percent to $3,686.59 after an impressive weekly rally of more than 24 percent. Although there is a tremendous trading volume of $54.2 billion, its daily loss shows a slight change in investors’ alertness.
Also Read: How to Avoid Scams in the Latest Crypto Trading Platforms?
Negatively, XRP also declined by 1.5 percent, and currently trades at $3.46 per token. The retreat comes after a strong week in which XRP increased by more than 20 percent, and its market capitalization is currently worth $204.9 billion.
BNB experienced a 1.4 percent decline, coming in at $751.45. Daily trading remained humble at $2.7 billion, while its market cap stood at $104.6 billion.
Dogecoin (DOGE) dipped by 3.1 percent to a low of $0.2639, countering its spectacular 37.9 percent leap in the past week. The coin continued to draw a little more than over $20.7 billion in volume, which means current retail interest is still there.
Lido Staked Ether (STETH) lost 2.5% to reach the current price of $3,674.15. Its daily volume was slightly less than $166.9 million, which almost followed Ethereum’s trend. In contrast, some altcoins posted massive gains.
Altcoins Defy the Trend with Triple-Digit Gains
While top coins tumbled, smaller-cap altcoins rallied sharply, defying the broader market direction. RIZE was the top gainer by 315.1 percent in 24 hours and was last trading at 0.06553 dollars at a volume of over 3.8million.
Strike (STRIKE) surged next with a 90.6% spike, at the price of $13.54, with a huge daily volume of $1.01 billion. Concordium (CCD) soared 88.9% and was trading at $0.008917, suggesting increased demand for low-cap assets.
Ani Grok Companion (ANI) increased by 50.3 percent to $0.06285 and was traded with a volume in excess of $53.6 million. Corn (CORN) gained 35.5 percent to reach the price of $0.08067, and Spark (SPK) improved to a rate of $0.06105 with a volume amounting to approximately $483.5 million.
The past 24 hours revealed a split in market behavior. Leading cryptocurrencies faced losses, while select altcoins like RIZE and STRIKE recorded significant gains. The divergence reflects both profit-taking at the top and increased speculative activity in smaller assets.
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