The global cryptocurrency market saw mixed trading today with major altcoins witnessing price declines even as Bitcoin and Ethereum remained in a narrow range.

As of 08:15 PST (15:15 GMT), Bitcoin (BTC) was trading at $94,604.62, showing a marginal decrease of 0.46% in the last 24 hours. The daily trading volume was $27.99 billion, and Bitcoin’s market capitalization remained substantial at $1.87 trillion.

Ethereum (ETH) demonstrated a slight recovery, gaining 0.17% to reach $1,801.78. This was attributed to stable network demand and improving on-chain activity.

Stablecoins Tether (USDT) and USD Coin (USDC) held steady at $0.9998 and $0.9997 respectively, highlighting market participants’ defensive positioning.

Several top altcoins were in the red. XRP fell sharply by 2.75% to $2.24, making it one of the worst performers among the top 10 by market cap. Solana (SOL) slipped 1.69% to $145.66, with its 24-hour volume at $2.88 billion.

BNB also dropped 0.71% to $601.30, while Cardano (ADA) slid 1.25% to $0.6967. Dogecoin (DOGE) lost 2.51%, trading at $0.17486, extending its recent weakness.

Among the lesser-known cryptos, some tokens posted strong double-digit gains. SIGN led the market with a 26.63% surge, trading at $0.0944.

INIT was up 26.33% to $0.8487, followed by PUNDIX at 20.43% and REZ at 17.39%. Other gainers included COOKIE (+14.31%), CTK (+13.34%), and BMT (+9.15%).

On the downside, high volatility gripped several small-cap tokens. VIB plunged 18.66% to $0.01404, becoming the worst-performing coin of the day. WING dropped 17.65%, and BROCCOLI714 and BSW declined 11.36% and 10.66%, respectively.

Other notable losers were TRUMP, decreasing by 9.81%, IOTA slipping 8.85%, and HIFI falling 8.31%.

Despite mixed performance in top cryptocurrencies, broader altcoin action suggests ongoing investor interest in emerging and speculative assets. However, downside pressure in prominent names like XRP, DOGE, and SOL may weigh on overall market sentiment in the near term.

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