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The cryptocurrency market faced heavy losses in the past 24 hours, as Bitcoin, Ethereum, and other major assets slipped into the red. Selling pressure dominated trading, and consequently, investors witnessed a sharp decline across top digital currencies. Meanwhile, smaller tokens moved in the opposite direction, recording strong daily rallies.
Bitcoin (BTC) dropped 2.5% in the last day, falling to $111,987. Despite high trading activity of $44.26 billion, the decline reduced its recent upward momentum. Ethereum (ETH) followed the same pattern, losing 2.6% to trade at $4,638. Moreover, its daily volume of $44.02 billion underscored strong participation even as prices weakened.
XRP (XRP) also recorded a loss, slipping 2.5% in 24 hours to $2.96. Additionally, its daily trading volume exceeded $6.36 billion, reflecting sustained investor activity despite the broader downturn.
Also Read: Malaysia’s Central Bank Names XRP and Bitcoin as Future Cash Alternatives
Other major altcoins extended the negative trend. BNB (BNB) fell 0.6% in the past day to $866.86, while Solana (SOL) declined 2.1% to $203.27. Consequently, the asset gave back part of its recent momentum.
Dogecoin (DOGE) faced the steepest decline among leading assets, dropping 4.0% to $0.2232. TRON (TRX) also weakened, losing 2.9% in 24 hours to $0.3547. Furthermore, Cardano (ADA) shed 2.5%, trading at $0.8834 after recording $2.79 billion in daily volume.
Staked assets were not spared in the downturn. Lido Staked Ether (STETH) mirrored Ethereum’s movement, falling 2.5% to $4,628.54. Wrapped Staked Ether (WSTETH) also slipped, declining 2.7% in 24 hours to $5,607.33.
Chainlink (LINK) added to the list of decliners, losing 0.6% over the past day. Nevertheless, its $1.93 billion trading volume indicated that interest in the token remained intact.
While large-cap cryptocurrencies declined, smaller tokens stood out with notable rallies. Donkey (DONKEY) surged 85.3% to $0.06424, backed by $28.75 million in volume. Ontology (ONT) also gained strongly, climbing 44.9% to $0.1988 on trading activity of $231.64 million.
Additionally, Qtum (QTUM) advanced 29.6% to $3.18 with more than $616.15 million in daily trades. Freysa AI (FAI) followed the same path, rising 25.8% to $0.01673. Moreover, Ontology Gas (ONG) posted a 19.5% increase to $0.2122, while Launch Coin on Believe (LAUNCHCOIN) climbed 19.4% to $0.05395.
The past 24 hours turned into a crypto bloodbath, as major assets including Bitcoin, Ethereum, and Solana all recorded losses. However, smaller-cap tokens such as Donkey, Ontology, and Qtum staged impressive gains, showing that opportunities still emerged even during a broader market sell-off.
Also Read: Dogecoin Director Teases Bold Protocol Shift as Project Sakura Sparks Debate
The post Crypto Bloodbath: Bitcoin, Ethereum Crash as Altcoins Plunge in 24 Hours appeared first on 36Crypto.
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