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Solana Tumbles, Bitcoin Holds Firm as Crypto Giants Bleed Over the Week

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Bitcoin remained stable above the $105,000 mark, trading at $105,393 with a minor 0.1 percent increase in the past hour. Despite this, the world’s largest cryptocurrency posted a 3.3 percent drop over the past seven days, highlighting the broader weakness across the market.

Similarly, Ethereum has been up 0.6 percent in the last 24 hours to $2,629.36 but has lost 0.5 percent over the week. Trading volume was high again at $14.3 billion, and the total market capitalization was $317.3 billion.

XRP went up 1.7 percent within 24 hours to end at $2.24, but the weekly loss of 3 percent remained. Its 24-hour trading volume crossed $2 billion, while its market cap stood at $131.5 billion.

Also Read: XRP Could Reach $300, Says Analyst Citing Strong Infrastructure Support

BNB was priced at $669.33, a 0.4 percent increase in the last 24 hours, but it slipped by percent over the past week. It recorded a market cap of $97.6 billion and a volume of over $642 million, showing limited movement amid overall market pressures.

Solana faced the steepest fall among the top cryptocurrencies, dropping by 1.9 percent in the past 24 hours and recording a 10.5 percent loss over the week. Although trading at $156.52, Solana had a strong trading volume of $3.6 billion and a market cap of $81.7 billion, but market pressure from selling was noticeable.

AI and Meme Tokens Defy Market Slump with Sharp Intraday Gains

While top coins struggled, a few altcoins made impressive intraday recoveries. Vice surged by 85.5 percent to trade at $0.0399, backed by $1.57 million in volume. It was the day’s highest gainer.

0x0.ai, a project focused on AI smart contracts, climbed 60.5 percent to $0.1087. BCGame Coin rose 43.7 percent, while Acet gained 27.5 percent. Build On BNB also moved up by 27.2 percent, backed by a notable $46.4 million in daily trading.

The global cryptocurrency market rose 1.8 percent daily, reaching a valuation of $3.43 trillion. However, weekly losses among major assets like Bitcoin, Ethereum, and Solana indicate a bearish undertone. Trading volume in the last 24 hours reached $92.4 billion as investors reacted to shifting trends in the digital asset space.

Also Read: DOGE Traders Go All In: Open Interest Soars Past 10.7B Tokens

The post Solana Tumbles, Bitcoin Holds Firm as Crypto Giants Bleed Over the Week appeared first on 36Crypto.

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