What to Know
- Bitcoin (BTC) slipped below $84,000 as Ethereum (ETH), XRP, and BNB recorded losses, reflecting widespread weakness across major cryptocurrencies.
- Zcash (ZEC) plunged 7.7%, while Hyperliquid (HYPE) and Solana (SOL) declined 5.2% and 3.6%, respectively, amid substantial trading activity.
- Crawlerpad (CRAWLER) surged 603.4%, leading market gainers as Identity.md 6900 (IMD6900), Wisp (WISP), and Gitcoin (GTC) recorded impressive gains.
The cryptocurrency market recorded widespread losses as Bitcoin (BTC) slipped below $84,000, while several major altcoins experienced heavier declines. According to the latest market data, Ethereum (ETH), XRP, Solana (SOL), and BNB traded lower amid substantial trading activity.
Bitcoin (BTC) declined 0.4% over 24 hours to $83,907.75, bringing its market capitalization to approximately $1.69 trillion. Meanwhile, trading volume reached $32.07 billion, reflecting substantial activity despite the relatively modest price movement.
Ethereum (ETH) recorded a larger decline, falling 1.5% to $2,529.40, with daily trading volume reaching $15.71 billion. Its market capitalization stood at $308.87 billion, maintaining its position as the second largest cryptocurrency.
BNB also weakened during the period, dropping 1.2% to $745.45 as trading volume reached $803.25 million. The token maintained a market capitalization of $99.25 billion despite the decline.
Meanwhile, XRP experienced stronger selling pressure, falling 2.5% to $1.38, with approximately $2.13 billion changing hands. Its market capitalization stood at $86.99 billion, placing XRP among the larger cryptocurrencies experiencing notable daily losses.
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Solana, Zcash, and Hyperliquid Record Steeper Losses as Smaller Tokens Rally
Solana (SOL) declined 3.6% to $108.51, while its daily trading volume reached approximately $3.92 billion. The cryptocurrency maintained a market capitalization of $63.92 billion, despite recording a larger percentage decline than Bitcoin and Ethereum.
Elsewhere, TRON (TRX) slipped 0.6% to $0.3299, with trading activity totaling $314.79 million. Its market capitalization reached $31.34 billion, reflecting a smaller daily decline than several competing assets.
Zcash (ZEC) recorded one of the steepest declines among the listed major cryptocurrencies, falling 7.7% to $1,227.88. Trading volume reached $1 billion, while its market capitalization stood at approximately $20.85 billion.
Hyperliquid (HYPE) also experienced considerable losses, dropping 5.2% to $83.11 amid $922.98 million in daily trading activity. Dogecoin (DOGE) followed the broader downward movement, declining 3% to $0.08499, with trading volume reaching $835.84 million.
Despite weakness among larger cryptocurrencies, several smaller tokens recorded substantial gains during the same trading period. Crawlerpad (CRAWLER) led the gainers with a 603.4% increase to $0.01852, supported by $48.99 million in trading volume. Identity.md 6900 (IMD6900) climbed 228.2% to $0.02321, while Wisp (WISP) gained 165.7% to $0.02223.
Additionally, Hood Sword Inu (HOODINU) advanced 82% to $0.09206, while Gitcoin (GTC) rose 43.4% to $0.241. Osmosis (OSMO) gained 33.7% to $0.04912, demonstrating contrasting price movements across the broader cryptocurrency market. Overall, the figures showed declines across major cryptocurrencies alongside substantial gains among selected smaller tokens, highlighting uneven market performance.
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The post Crypto Market Turns Red as Bitcoin Falls Below $84K, XRP and Solana Lead Major Coin Losses appeared first on 36Crypto.