Crypto Crash: Bitcoin, Ethereum and Major Altcoins Drop as Two Jump Over 40%

Bitcoin experienced a minor price decline over the past 24 hours, falling 0.4% to $107,294. Despite a trading volume exceeding $22.5 billion, the asset showed signs of market fatigue after a recent upward movement.

Ethereum also experienced downward pressure, reducing by 1.7 percent to reach a trading price of 2,440.45. With nearly $15 billion in daily trading activity, the second-largest cryptocurrency failed to hold its previous momentum.

XRP was the most scorching of the largest digital assets, dropping by 4.4 percent to 2.09 dollars. The asset’s daily trading volume was more than $2.6 billion, but it could not sustain its previous weekly gains.

Also Read: Arthur Hayes Reveals Why Bitcoin Could Soon Explode to New All-Time Highs

BNB declined by 0.5 percent to close at 644.72, signaling a safe attitude by the investors. The daily volume was less than 620 million dollars as traders monitored market signals.

Solana was down by 2.9 percent to reach 140.57 dollars. The asset recorded a large trading volume of more than 4 billion dollars, but it was not spared in the wave of losses in broader markets due to a decline in enthusiasm.

Dogecoin was next and dropped by 2.3% to $0.1608, stabilizing near a billion in trading volume but failing to withstand the downside wave hitting prominent coins.

BXN and TAGGER Post Massive Gains Amid Market Downturn

While most top cryptocurrencies posted losses, two lesser-known altcoins defied the trend. Though its volume stood at $1.17 million, the price spike marked it as the strongest performer of the day.

Close behind was TAGGER, up 42.5 percent to $0.0003336 on a considerable trading volume of more than $98 million, demonstrating a high rate of interest and active buying on the market.

Solid gains were witnessed on other altcoins as well, but not exceeding 40 percent. BULLA increased 35.3 percent to 0.09626, AI Companions (AIC) advanced 33.3 percent to settle at 0.1592, and QANX increased 22.8 percent to 0.02702.

Bitcoin, Ethereum, and other major cryptocurrencies slipped in the last 24 hours, but BXN and TAGGER defied the market with explosive gains. Their sharp rise highlights crypto traders’ continued appetite for high-risk, high-reward plays.

Also Read: India’s Ruling Party Embraces Bitcoin—CoinDCX CEO Says It’s a Game Changer

The post Crypto Crash: Bitcoin, Ethereum and Major Altcoins Drop as Two Jump Over 40% appeared first on 36Crypto.