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The cryptocurrency market faced mild declines over the past 24 hours, with Dogecoin (DOGE) standing out as the only major coin to record a gain. The meme-inspired token rose 0.6% to trade at $0.2506, supported by a trading volume of $3.06 billion and a market capitalization of $37.96 billion. The modest rise highlights renewed retail interest despite broader market weakness.
Bitcoin (BTC) slipped 0.4% in the last 24 hours to $121,715, maintaining a market capitalization of $2.42 trillion. The leading cryptocurrency showed limited movement, suggesting continued consolidation after recent highs. Ethereum (ETH) also declined 2.1%, trading at $4,350.04 as traders reacted to cooling momentum across the market.
Also Read: $607M Wiped Out: XRP on the Brink as Traders Face Brutal Liquidations
Other large-cap altcoins followed a downward trend. BNB (BNB) fell 2.9% to $1,275.77, losing steam after last week’s rally. XRP (XRP) slipped 0.3% to $2.82, reflecting cautious sentiment among investors.
Solana (SOL) dropped 3%, trading at $221.08, while Cardano (ADA) edged lower by 0.2% to $0.8176. The steady declines across major altcoins point to a cautious trading atmosphere as investors await stronger buying signals.
While top cryptocurrencies traded lower, smaller tokens saw sharp daily gains. Pomato (POMATO) led the market with a 248.6% surge, reaching $0.04196 on a volume of $6.19 million. Iron Fish (IRON) advanced 156.2% to $0.5579, and Railgun (RAIL) gained 119.3% to $5.12.
INFINIT (IN) rose 62.4% to $0.2287, while Decentralized Social (DESO) increased 57.7% to $8.38. The significant movement among these smaller tokens underscores active speculative trading even as large-cap assets remain under pressure.
Bitcoin, Ethereum, XRP, BNB, Solana, and Cardano all posted slight declines, reflecting short-term market fatigue. However, the strong rallies among smaller altcoins indicate that speculative trading continues to drive sections of the market despite the overall slowdown.
Also Read: Kraken Expands Into Traditional Derivatives, Bridging Crypto and Global Futures Markets
The post Dogecoin Shines Alone: Bitcoin, Ethereum, and Others Fall in 24 Hours appeared first on 36Crypto.
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