Bitcoin (BTC) Falls Below $77,000 as Broader Crypto Market Extends Daily Losses
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- Bitcoin (BTC) and Ethereum (ETH) decline amid broader market selling pressure.
- Dogecoin (DOGE) records largest losses as volatility increases across cryptocurrencies.
- MAGA Bitcoin (MBTC) and OriginTrail (TRAC) surge despite market weakness overall.
The cryptocurrency market traded under sustained pressure on Monday as several major digital assets recorded notable declines amid rising volatility and weakening short-term investor sentiment across global exchanges. Bitcoin (BTC) dropped below the $77,000 level, while Ethereum (ETH), XRP (XRP), Solana (SOL), and Dogecoin (DOGE) also extended their losses during the latest trading session.
Bitcoin (BTC) traded at $76,861 after posting a daily decline of 1.5%, while Ethereum (ETH) fell 3.1% and hovered near the $2,114 level as bearish momentum continued building across large-cap cryptocurrencies. XRP (XRP) also declined 2.3% during the session, whereas Solana (SOL) slipped another 2.5% as broader market weakness continued affecting investor confidence.
Dogecoin (DOGE) recorded the steepest decline among the leading cryptocurrencies after falling 4.8% and trading near the $0.104 mark during the latest market session. Meanwhile, BNB (BNB) declined 2.2% despite maintaining one of the strongest market capitalizations within the broader digital asset sector.
Trading activity remained relatively elevated despite the broader market downturn, showing that investors continued actively repositioning their portfolios during the recent period of heightened volatility. Bitcoin (BTC) generated nearly $28 billion in daily trading volume across major exchanges, while Ethereum (ETH) recorded more than $11 billion in trading activity throughout the same period.
Also Read: Vitalik Buterin Rejects Ethereum Storage Proposal as State Size Crisis Grows
Smaller Tokens Attract Strong Momentum While Major Assets Weaken
While larger cryptocurrencies traded lower throughout the session, several lower-cap digital assets posted impressive gains and attracted increased speculative activity from short-term market participants. MAGA Bitcoin (MBTC) emerged as the strongest daily performer after surging 232.7% within 24 hours, making it one of the most actively discussed gainers across the market.
OriginTrail (TRAC) also attracted significant market attention after climbing 77.2%, while generating more than $33 million in daily trading volume during the rally. Besides that, Octra (OCT) advanced nearly 60%, whereas Block Street (BSB) gained 39.2% as speculative demand accelerated among smaller-cap cryptocurrencies.
OpenLedger (OPEN) continued drawing increased trading activity after rising 14.9% and recording more than $60 million in daily trading volume during the latest market session. Meanwhile, aPriori (APR) climbed 14.2% as investors continued rotating toward tokens showing stronger short-term price momentum.
The broader cryptocurrency market remained under pressure as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) recorded notable daily losses amid weakening short-term sentiment. However, aggressive rallies among several smaller digital assets showed that speculative demand remains active despite continued volatility across the market.
Also Read: Dogecoin Targets 27% Rally as ETF Inflows Strengthen Bullish Momentum
The post Bitcoin (BTC) Falls Below $77,000 as Broader Crypto Market Extends Daily Losses appeared first on 36Crypto.
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