Crypto Bloodbath Deepens As Leading Cryptos Drop Hard And Mid Caps Take Spotlight
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- Major cryptocurrencies tumble as market declines deepen across multiple assets.
- Altcoins weaken sharply while mid cap tokens capture strong daily momentum.
- Traders shift focus to volatile mid caps amid widespread cryptocurrency downturn.
The crypto market faced another session of losses today as major assets extended their 24 hour declines. Traders reacted to growing uncertainty as momentum weakened across the broader market. Bitcoin (BTC) declined 0.4% and traded at $86,076.91, confirming a slowdown in buyer confidence. The pullback interrupted the steady gains BTC recorded earlier this week. Ethereum (ETH) also moved lower and reached $2,824.41 after slipping 0.4% within the day. The decline signaled cooling interest as trading activity thinned across several key exchanges.
Also Read: Bitcoin’s $93K Level: The Decisive Factor That Could Make or Break the Bull Run
Major Altcoins Struggle To Hold Ground Amid Widespread Downturn
XRP (XRP) dropped 0.3% and traded at $2.03, which added to the cautious tone seen across top cryptocurrencies. The decline showed reduced appetite from traders who tracked intraday volatility closely. BNB (BNB) recorded a heavier move downward and traded at $826.99 after falling 0.7%. This shift placed greater pressure on altcoins that previously maintained stronger daily performance.
Cardano (ADA) fell 0.4% and traded at $0.3825, adding it to the list of major assets facing selling pressure. ADA continued to struggle as activity slowed within its trading pairs. WhiteBIT Coin (WBT) dipped 0.2% and traded at $55.32, reflecting the decline seen across several high cap altcoins. The move aligned with the broader cooling sentiment that shaped market direction.
TRON (TRX) fell 0.2% and traded at $0.2781, marking another asset losing ground. TRX remained active, yet the downward shift continued to influence trader positioning. Dogecoin (DOGE) rose 0.2% and traded at $0.1368, offering a small contrast in the midst of widespread declines. The gain did little to offset the market’s overall negative direction.
Mid Cap Gainers Take Center Stage As Investors Shift Toward High Volatility Plays
Tradoor (TRADOOR) surged 34.3% and traded at $4.88, drawing strong interest from traders seeking rapid movements. Activity around the token increased steadily as volatility shaped the session. Pieverse (PIEVERSE) climbed 27.6% and traded at $0.4206, supported by a wave of speculative buying. Market participants focused on assets delivering outsized returns during the downturn.
Tensor (TNSR) advanced 21.8% and traded at $0.1388, benefiting from increased liquidity. The move highlighted growing attention on mid cap opportunities. FOLKS (FOLKS) gained 15% and traded at $10.98, which kept it among the day’s top performing assets. The token maintained momentum as altcoin rotation increased.
Hajimi rose 13.6% and traded at $0.3192, extending its consistent upward trend. The asset drew continued interest as traders searched for moves contrasting broader weakness. Bitlight (LIGHT) increased 12.3% and traded at $1.13, signaling a steady rise in participation. Its performance showed how mid caps attracted attention during volatile conditions. River (RIVER) traded at $3.74, maintaining strong activity despite market turbulence. Traders continued to engage with the asset as they shifted toward faster moving positions.
Major cryptocurrencies recorded widespread declines during the last 24 hours as negative sentiment persisted. Despite the drop, several mid cap assets produced strong gains and offered traders pockets of resilience throughout the session.
Also Read: Debate on the Value of Layer-1 Blockchains Heats Up Among Experts
The post Crypto Bloodbath Deepens As Leading Cryptos Drop Hard And Mid Caps Take Spotlight appeared first on 36Crypto.
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