Crypto Bloodbath: Bitcoin BTC Drops as Major Altcoins Tumble Hard
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- Bitcoin BTC slides as major altcoins record sharp losses
- Ethereum ETH, XRP lead large cap market decline
- Small cap tokens surge despite broader crypto bloodbath
Heavy selling swept through the cryptocurrency market during the latest trading session, dragging down Bitcoin BTC and major altcoins in a broad based correction. Market participants reacted to fading short term momentum, which triggered synchronized declines across large cap digital assets. Although liquidity remained elevated, price action clearly favored sellers across leading exchanges.
Bitcoin BTC traded at $67,622.35 after slipping 0.8% over 24 hours. Trading volume reached $44,267,945,207, reflecting continued repositioning among institutional and retail traders. Market capitalization held near $1,352,137,317,269, yet downside pressure persisted.
Ethereum ETH declined 1.3% to $2,035.27 as activity climbed to $22,017,758,785. Its market capitalization stood at $245,655,894,648, reinforcing weakness across large cap altcoins. XRP followed with a 2.2% drop to $1.41 while generating $3,057,169,089 in volume. Market capitalization hovered at $86,068,767,118 as sellers maintained control.
BNB eased 0.1% to $626.96 with $2,148,427,580 in trading volume. Meanwhile, Solana SOL fell 0.5% to $87.19 as turnover reached $3,933,167,316. Dogecoin DOGE declined 1.4% to $0.0985, posting $1,089,412,719 in daily activity. Bitcoin Cash BCH recorded the sharpest loss among major assets, dropping 4.5% to $480.12 on $294,865,848 in volume.
Also Read: XRP Bombshell: Former Ripple CTO Shuts Down Censorship Claims Again
Select Small Caps Defy Broader Crypto Bloodbath
Even as leading cryptocurrencies moved lower, several smaller tokens posted strong gains. These advances reflected targeted speculative flows despite the wider downturn. Power Protocol POWER surged 74.2% to $1.91, supported by $40,416,198 in trading volume. Dent DENT jumped 36.9% to $0.0003783 while processing $194,856,082 in turnover. MYX Finance MYX climbed 30.1% to $0.4588 with $49,364,058 in activity.
Mira MIRA advanced 28.2% to $0.1095 as volume reached $83,834,652. Eclipse ES rose 26.1% to $0.1484 on $9,300,501 in trades. Diem DIEM increased 22.8% to $673.06, though liquidity remained comparatively modest at $645,318. Terra Luna Classic LUNC gained 19.9% to $0.00004404 with $68,846,467 in volume. RaveDAO RAVE added 21.6% to $0.3586 while generating $100,374,764 in turnover. Venice Token VVV climbed 20.2% to $4.98 on $20,234,252 in trading activity.
Overall, the session reflected widespread declines across Bitcoin and major altcoins, while select small cap tokens attracted aggressive short term inflows. The market displayed coordinated weakness among leading cryptocurrencies, even as isolated rallies emerged within lower capitalization assets.
Also Read: Dogecoin Explodes 115% in Volume as $0.10 Breakout Shocks Bears
The post Crypto Bloodbath: Bitcoin BTC Drops as Major Altcoins Tumble Hard appeared first on 36Crypto.
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