Crypto Crash Hits Bitcoin, Ethereum and Altcoins as Top Gainers Defy Trend
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- 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 0.4% 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 0.3% 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 0.5 percent to the price of $0.7242, despite a recent 25.8 percent surge.
Solana (SOL) lost 0.1% 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
The post Crypto Crash Hits Bitcoin, Ethereum and Altcoins as Top Gainers Defy Trend appeared first on 36Crypto.
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