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Bitcoin, Ethereum, Dogecoin Drop Amid Broad 24-Hour Market Downturn
Top Altcoins Like RIZE and STRIKE Soar Against Market Flow
Major Cryptocurrencies Lose Steam as Traders Lock in Recent Gains
The cryptocurrency market experienced a widespread pullback over the past 24 hours, with several major coins registering losses. Bitcoin, Ethereum, Dogecoin, XRP, BNB, and Lido Staked Ether all saw declines, potentially indicating a pause after a recent bullish trend.
Bitcoin (BTC) decreased by 0.8 percent, trading at $117,383 with a daily trading volume exceeding $53.6 billion. With a market capitalization of $2.33 trillion, Bitcoin's overall performance remains strong, but this slight decrease may reflect profit-taking after recent gains.
Ethereum (ETH) fell by 2.4 percent to $3,686.59 following a notable weekly rally of over 24 percent. Despite a substantial trading volume of $54.2 billion, the daily loss suggests a possible shift in investor sentiment.
XRP also experienced a decline of 1.5 percent and is currently trading at $3.46 per token. This retreat follows a strong week where XRP increased by more than 20 percent, and its market capitalization is currently valued at $204.9 billion.
BNB saw a 1.4 percent decrease, reaching $751.45. Daily trading volume remained at $2.7 billion, while its market cap stood at $104.6 billion.
Dogecoin (DOGE) dipped by 3.1 percent to a low of $0.2639, partially offsetting its impressive 37.9 percent surge in the previous week. The coin continued to attract over $20.7 billion in volume, suggesting continued retail interest.
Lido Staked Ether (STETH) decreased by 2.5% to reach a price of $3,674.15. Its daily volume was approximately $166.9 million, mirroring Ethereum’s trend. In contrast, certain altcoins demonstrated significant gains.
Altcoins Defy the Trend with Substantial Gains
While major cryptocurrencies declined, smaller-cap altcoins rallied, bucking the overall market trend. RIZE was the top performer, increasing by 315.1 percent in 24 hours and last trading at $0.06553 with a volume of over $3.8 million.
Strike (STRIKE) followed with a 90.6% increase, reaching a price of $13.54, with a large daily volume of $1.01 billion. Concordium (CCD) surged 88.9% and was trading at $0.008917, indicating increased demand for lower-capitalization assets.
Ani Grok Companion (ANI) increased by 50.3 percent to $0.06285, with a trading volume exceeding $53.6 million. Corn (CORN) gained 35.5 percent to reach a price of $0.08067, and Spark (SPK) improved to $0.06105 with a volume of approximately $483.5 million.
The past 24 hours highlighted a divergence in market behavior. Leading cryptocurrencies experienced losses, while select altcoins like RIZE and STRIKE saw considerable gains. This reflects both profit-taking in major coins and increased speculative activity in smaller assets.
The post Top Cryptos Tumble: Bitcoin, Ethereum, Dogecoin See 24H Price Drop appeared first on 36Crypto.
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