Bitcoin (BTC) drops near $65K as market weakens Ethereum (ETH) and Solana (SOL) lead sharp altcoin declines Select smaller tokens surge despite broader crypto crash
A broad wave of selling pressure swept across the cryptocurrency market, pushing most major assets into negative territory. Market leaders posted notable declines, while trading volumes surged as participants adjusted positions. The downturn reflected coordinated weakness across large-cap cryptocurrencies.
Bitcoin (BTC) dropped 3.7% to $65,565.97, hovering just above the $65,000 level. The asset recorded $36.52 billion in 24-hour trading volume, highlighting elevated activity during the decline. Its market capitalization stood at $1.31 trillion despite the pullback.
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Major Altcoins Extend Losses as Selling Pressure Builds
Ethereum (ETH) followed with a steeper 5.0% slide to $1,878.47. Daily trading volume reached $15.89 billion, while its market value adjusted to $226.92 billion. Selling pressure remained visible across major trading pairs. XRP (XRP) declined 4.6% to $1.36 and generated $2.37 billion in trading volume. Its market capitalization held at $82.90 billion. Meanwhile, BNB (BNB) dropped 3.7% to $599.63 with $1.06 billion in daily turnover and an $81.75 billion valuation.
Solana (SOL) recorded the sharpest decline among leading assets, plunging 7.7% to $78.64. The token processed $3.50 billion in trading volume and maintained a $44.77 billion market cap. In comparison, TRON (TRX) edged down 0.3% to $0.2875, supported by $551.07 million in daily activity and a $27.29 billion valuation. Figure Heloc (FIGR_HELOC) traded at $1.01 with $1.15 million in volume, holding a $15.37 billion market capitalization. Dogecoin (DOGE) slipped 3.3% to $0.09401 after posting $844.34 million in 24-hour trading volume. Its market cap stood at $15.90 billion.
Bitcoin Cash (BCH) fell 5.6% to $540.62, recording $405.16 million in daily turnover and a $10.83 billion valuation. WhiteBIT Coin (WBT) declined 3.8% to $48.82 with $47.18 million in volume and a $10.42 billion market cap. Cardano (ADA) retreated 4.1% to $0.2651, generating $372.65 million in trading activity and maintaining a $9.77 billion valuation.
Select Smaller Tokens Defy Broader Downturn
Despite widespread declines among large-cap assets, several smaller tokens posted strong gains. Not in Employment, Education, or Training (NEET) surged 62.6% to $0.02513 with $9.59 million in trading volume. Adventure Gold (AGLD) climbed 51.1% to $0.3759 after recording $103.38 million in activity.
Pippin (PIPPIN) advanced 32.1% to $0.666, supported by $64.17 million in volume. FLOCK (FLOCK) rose 16.1% to $0.06825 with $8.95 million traded. Kite (KITE) gained 15.9% to $0.2597, backed by $182.35 million in turnover. Espresso (ESP) increased 15.1% to $0.08515 with $50.50 million in trading volume. GRX Chain (GRX) added 13.8% to $10.48, recording $49.79 million in activity. The latest session underscored heightened volatility across digital assets, with Bitcoin (BTC) holding near $65,000 while major altcoins registered notable losses.
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