Crypto Prices Retreat as Solana, Dogecoin and HYPE Post Sharp Losses
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What to Know
- Bitcoin, Ethereum, XRP, and BNB declined as market sentiment weakened.
- Solana, Dogecoin, and Hyperliquid posted the steepest losses among majors.
- CyberDEX, DeXe, and Arcium surged despite broader crypto market weakness.
Crypto prices moved lower across the market over the past 24 hours as selling pressure weighed on most major digital assets. Bitcoin (BTC) fell 2.0% to $62,939.69 while generating more than $26.55 billion in trading volume. Despite the decline, the cryptocurrency maintained a market capitalization of approximately $1.26 trillion.
Ethereum (ETH) also moved lower, dropping 3.1% to $1,691.72 with daily trading volume exceeding $12.47 billion. Meanwhile, XRP (XRP) declined 1.9% to $1.12 and recorded more than $1.46 billion in trading activity.
BNB (BNB) followed the broader market trend, shedding 2.0% to trade at $581.69. Among the biggest losers, Solana (SOL) dropped 5.1% to $70.39, Hyperliquid (HYPE) fell 4.2% to $64.35, and Dogecoin (DOGE) lost 3.9% to $0.08027. In contrast, TRON (TRX) outperformed the market, gaining 0.8% to reach $0.3318 and extending its recent strength.
The losses among Solana, Dogecoin, and Hyperliquid aligned with a broader decline across the digital asset sector. Trading activity remained elevated across these assets, indicating that investors continued repositioning their portfolios despite weaker prices.
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Top Gainers
While most leading cryptocurrencies ended the session in the red, several smaller-cap tokens delivered standout performances and attracted strong trading activity. CyberDEX (CYDX) emerged as the market’s strongest performer, soaring 2,539.2% over the past 24 hours. Although its trading volume remained relatively modest at $105,433, the token significantly outpaced every other gainer during the session.
DeXe (DEXE) ranked among the top-performing established assets, climbing 72.6% to $23.45. The token also recorded more than $105 million in trading volume, making it one of the most actively traded gainers. Unicorn (UWU) posted a 52.0% increase to $0.03085, while FOLKS (FOLKS) advanced 44.2% to $2.85. Both assets attracted increased investor attention as traders searched for opportunities outside the major cryptocurrencies.
Elsewhere, Provenance Blockchain (HASH) gained 26.0% to $0.01045. TX (TX) followed with a 21.9% rise to $0.006184, supported by more than $565,000 in trading volume. Arcium (ARX) also joined the list of top performers, increasing 19.3% to $0.4235. Notably, ARX generated more than $242 million in trading volume, the highest among the leading gainers.
Major cryptocurrencies traded lower during the session, with Solana (SOL), Dogecoin (DOGE), and Hyperliquid (HYPE) recording some of the largest declines. However, strong gains from CyberDEX (CYDX), DeXe (DEXE), and several other smaller-cap assets demonstrated that investor interest remained active despite the broader market retreat.
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The post Crypto Prices Retreat as Solana, Dogecoin and HYPE Post Sharp Losses appeared first on 36Crypto.
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