Dogecoin, BNB, and XRP Prices Crash as Bitcoin Holds Steady Above $104K

Bitcoin held steady above the $104,000 mark on Friday as sharp declines hit several major altcoins. The leading cryptocurrency rose 0.2 percent in the past hour, remained unchanged in 24 hours, and recorded a 0.5 percent gain for the week. With over $17 billion in daily trading volume, Bitcoin’s market capitalization stood above $2 trillion.

Ethereum followed a similar path, trading flat at $2,520.71 with no daily change and a weekly gain of 0.3 percent. The asset saw over $10 billion in volume as market activity remained steady.

The Binance utility token BNB lost 0.6 percent in a week but managed to hold its ground in the last 24 hours. It was transacted at the price of $644.94 and a volume of around $500 million, reflecting the low volume of transactions in the market.

Also Read: Jim Chanos Bets Against Bitcoin Giant Strategy, Warns Premium Will Vanish

Dogecoin experienced a larger decline, dropping by 1.2 percent during the past 24 hours and 2.7 percent during the past seven days. The MBT token was priced at $0.1682, and its market cap was slightly more than $25 billion, with a volume of almost $645 million.

Selling pressure was also exerted on XRP as it decreased by 0.4 percent to $2.15 per coin on a daily basis. It was able to stay 1.5 percent above the week with its daily trading of $1.39 billion.

TRON closed at 0.2736, down 0.3 percent over the past 24 hours and 0.6 percent weekly. This indicated slight bearishness in a low-volume trading day.

Altcoin Traders Shift to Small-Cap Tokens Amid Market Dips

Solana was among the few major coins to show gains, trading at $145.41 after rising 0.1 percent in 24 hours and 1 percent across the week. Its nearly $3 billion volume reflected strong investor interest.

Meanwhile, lesser tokens have reported parabolic rises with Poollotto.finance (PLT) emerging as the biggest gainer of the day, trading 129.6 percent higher to $3.00 on a relatively low volume of $59,774.

Namada (NAM) was the biggest gainer, rising 38.1 percent to $0.04427. It was followed by Orbiter Finance (OBT), which advanced 27.1 percent to $0.008595. They had a volume of 13.6 million dollars and 33.9 million dollars, respectively.

Neon (NEON) and BabyBoomToken (BBT) also enjoyed a speculative rush, with gains of 25.4 percent to $0.1196 and 31.9 percent to $0.7458, respectively.

While Bitcoin remained stable on Friday, altcoins like Dogecoin, BNB, and XRP recorded sharp drops. Traders turned to fast-moving small-cap tokens, shifting focus away from top-tier coins amid cautious market sentiment.

Also Read: XRP Long Traders Wiped Out as Liquidations Surge Over 8,000% in 12 Hours

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