Crypto Crash: Bitcoin, Ethereum, and Top Altcoins Slip in Sudden 24-Hour Downturn
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- Bitcoin and Ethereum tumble as market downturn triggers sharp 24-hour losses.
- Major altcoins, including Solana and Cardano, slip amid declining momentum.
- Small-cap tokens like Bless and Verasity defy the broader crypto crash.
The cryptocurrency market faced a sharp pullback in the last 24 hours as leading digital assets recorded notable declines. Bitcoin (BTC) dropped 0.3%, trading at $111,569 after losing momentum during early trading hours. Despite the fall, trading volume remained strong at over $66 billion, while its market capitalization stayed above $2.22 trillion, reflecting ongoing investor activity despite the downturn.
Ethereum (ETH) also slipped, falling 1.5% to $4,027.77 as market sentiment weakened across major altcoins. With more than $41 billion traded within the day, Ethereum’s decline highlighted reduced buying strength as traders reacted to growing uncertainty in the market.
Also Read: Ripple’s RLUSD Holds Firm as $19 Billion Crypto Liquidation Sparks Record Market Chaos
Altcoins Deepen Losses as Market Momentum Fades
The broader altcoin market mirrored Bitcoin’s slide, with several top assets retreating after steady performance earlier in the week. BNB (BNB) fell 1.3% to $1,189.74, while XRP (XRP) declined 2.3% to $2.43, signaling cautious trading among investors.
Solana (SOL) registered a more pronounced drop of 3.5%, trading at $194.07 amid reduced network activity. Cardano (ADA) followed the bearish trend, losing 2.6% to $0.67, while Dogecoin (DOGE) fell 2.5% to $0.1973 as retail enthusiasm cooled.
TRON (TRX) also weakened, slipping 1.6% to $0.32 with daily volume exceeding $1 billion. Similarly, Lido Staked Ether (STETH) and Wrapped Staked Ether (WSTETH) both declined, shedding 1.3% and 1.5%, respectively, in line with Ethereum’s movement.
Small-Cap Tokens Defy Market Pressure
While large-cap cryptocurrencies suffered losses, a few smaller tokens managed to outperform the broader market. Bless (BLESS) surged 503.7% to $0.1881, attracting heavy trading activity worth $301 million. ChainOpera AI (COAI) and Verasity (VRA) also saw significant gains, rising 36.8% and 38.8%, respectively, indicating selective investor interest in emerging projects.
Other notable gainers included MARBLEX (MBX), which advanced 27.4% to $0.1389, and Energy Web (EWT), which grew 24.3% to $1.02. Bitlight (LIGHT) and AtomOne (ATONE) also posted healthy intraday increases of 26.1% and 23.3%, respectively.
The sudden 24-hour crypto crash wiped out portions of recent market gains, pulling major coins into negative territory. Despite the downturn, surging small-cap assets signaled that trading activity remains strong, suggesting the market is adjusting rather than entering a prolonged bearish phase.
Also Read: Mysterious 70,000,000 XRP to Ripple Wallet Raises Eyebrows, Here’s What It’s For
The post Crypto Crash: Bitcoin, Ethereum, and Top Altcoins Slip in Sudden 24-Hour Downturn appeared first on 36Crypto.
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