Crypto Crash: Bitcoin, Ethereum and Solana Plunge as TRON Surges – What’s Next?
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- Crypto crash hits major coins; TRON shows surprising surge today.
- Bitcoin, Ethereum drop significantly, while Huobi BTC skyrockets by thousands.
- XRP, Solana suffer major losses, but altcoins like TRON thrive.
The cryptocurrency market is facing a severe downturn, with Bitcoin, Ethereum, and Solana all suffering notable declines. Bitcoin, the market leader, fell by 8.1%, bringing its price down to $65,091.10. Ethereum followed suit, experiencing a 9.3% drop to $1,911.63. These sharp declines indicate that even the most established cryptocurrencies are struggling to maintain their value.
Other major players also saw heavy losses, with Binance Coin (BNB) dropping by 9.9%, now priced at $623.54. XRP, another widely traded coin, saw a 10.4% decrease, bringing its price to $1.30. While these coins continue to hold significant market caps, the overall trend remains negative.
In contrast, TRON (TRX) saw a rare positive movement, increasing by 3.8% to $0.27. Despite the broader market’s struggles, TRON managed to secure a spot as one of the few gainers in today’s market, with a market cap of $25.5 billion.
Also Read: Dogecoin’s Price Crashes to Historic Low – Will Elon Musk’s Plans Save DOGE?
Top Gainers Defy the Market Downturn
Despite the general crash, several smaller coins have defied the odds and posted impressive gains. Huobi BTC (HBTC) surged by an eye-popping 2,437.5%, reaching a price of $41,628.64. While this dramatic spike in value can be attributed to smaller market volumes, it highlights the potential for significant rewards in volatile altcoins.
Seeker (SKR) followed with a 39.7% increase in value, reaching $0.02532, while Buttcoin (BUTTCOIN) also saw a significant rise of 23.7%, now priced at $0.02857, alongside other notable gainers like Coin98 (C98), which grew by 24.7%, and Zama (ZAMA), up by 18%, proving that even amidst a crypto crash, there are opportunities for sharp gains, with investors in the right place at the right time able to take advantage of market volatility.
With major coins like Bitcoin and Ethereum seeing substantial losses, and small tokens like TRON and Huobi BTC showing impressive gains, the market remains unpredictable. The fluctuations serve as a reminder of the high risks and rewards present in cryptocurrency trading.
Also Read: Solana RWA Shock as Instant Redemption Facility Targets Institutional Liquidity
The post Crypto Crash: Bitcoin, Ethereum and Solana Plunge as TRON Surges – What’s Next? appeared first on 36Crypto.
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