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Crypto Crash Deepens: Bitcoin, Ethereum, Cardano Slide in 24-Hour Trading

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  • Bitcoin and Ethereum slide as crypto market faces sharp downturn.
  • Cardano joins broader selloff with majors declining in daily trade.
  • Smaller tokens surge while leading cryptocurrencies struggle under pressure.

The cryptocurrency market extended its downturn in the last 24 hours as leading digital assets recorded sharp losses. Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) led the decline, dragging the broader market lower.


Bitcoin declined by 1.8 percent in a day to $110,007, while its market capitalization of $2.18 trillion was accompanied by selling pressure that drove trading volumes past $58.2 billion.


Ethereum dropped 5 percent over the past 24 hours to $4,414. Ether has increased to a market price of $532.3 billion with a daily trading volume of 49 billion dollars.


XRP also declined, losing 1.8 percent to close at $2.91. The token’s market capitalization is $173 billion, which indicates the decline in the altcoin’s impetus.


Also Read: Pudgy Penguins (PENGU) Bullish Flag Signals Explosive Rally Toward $0.1


BNB shed 2.6 percent in the last 24 hours to trade at $841.45, and its market capitalization is now over $117 billion. Solana was the most plunging top asset, decreasing 7.5 percent within 24 hours to $187.73.


Dogecoin lost 6.1 percent in the same time frame to trade at $0.2098. The coin has a market capitalization of $31.6 billion. Cardano was also not spared, as it declined by 5.5 percent to $0.8378, and its market value stood at $30.5 billion.


Smaller Tokens Defy Downturn

While major cryptocurrencies fell, several smaller tokens posted impressive gains. ECOMI (OMI) gained 111.7 percent to reach $0.0004445, and daily volumes totaled more than $19 million.


Stader (SD) jumped 39% in 24 hours, reaching $0.8722. The Book of Ethereum (BOOE) increased by 32.4%, reaching $0.3567. Other gainers were Cobak (CBK), which jumped 22.1 percent to $0.6899, FLOCK (FLOCK), which gained 20.1 percent to $0.4146, and Ultima (ULTIMA), which increased by 19.5 percent to $8,683.27.


The latest 24-hour session saw steep declines across the crypto market, led by Bitcoin, Ethereum, and Cardano. Losses among top assets contrast with notable gains in smaller tokens, underscoring the market’s volatility and mixed sentiment.


Also Read: BlackRock CEO Larry Fink Hails Bitcoin as ‘Fear Currency’ and Digital Gold


The post Crypto Crash Deepens: Bitcoin, Ethereum, Cardano Slide in 24-Hour Trading appeared first on 36Crypto.

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