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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
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.
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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