The cryptocurrency market experienced a sharp downturn over the past 24 hours as intensified selling pressure swept across major digital assets. Price movements were broadly synchronized, heightening concerns about short term market stability. Bitcoin fell 3.6 % to $86,516.45, with daily trading volume reaching $50.36 billion and market capitalization slipping to about $1.73 trillion. Ethereum posted steeper losses, declining 6.2 % to around $2,946.13. ETH recorded $29.85 billion in 24 hour volume, while its valuation eased to roughly $355.72 billion.
BNB followed the broader decline, dropping 2.8 % to trade near $865.30, reducing its market capitalization to approximately $119.17 billion. XRP also faced pressure, falling 5.3 % to about $1.90, alongside $3.66 billion in daily volume and a valuation near $114.61 billion. Solana slipped 3.9 % to $127.30, lowering its market cap to $71.49 billion. Dogecoin declined 5.1 % to $0.13, with $1.29 billion in volume and $19.78 billion valuation.
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While major cryptocurrencies moved lower, several smaller digital assets posted sharp gains amid heightened market volatility. Market data showed a clear divergence, underscoring continued speculative interest in lower-capitalization tokens despite broader weakness. Mind Network (FHE) topped short-term gainers, surging 47.2 % to trade at $0.1137. RaveDAO (RAVE) followed with a 25.2 % advance, changing hands near $0.3963 on strong volume.
Pippin (PIPPIN) climbed 24.2 % to $0.4527 during active trading sessions, while AI Rig Complex (ARC) rose 21.8 % to $0.04573. HumidiFi (WET) also recorded notable gains, increasing 17.4 % to around $0.2116. Notably, WET registered more than $287.52 million in daily trading volume, placing it among the most actively traded gainers. Overall, the market signaled a risk-off tone for major cryptocurrencies, while sustained volume suggested portfolio repositioning rather than a full withdrawal by traders.
Also Read: Reece Merrick Teases Major Ripple Momentum: Big Week Ahead for XRP!
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