The cryptocurrency market witnessed a downturn in early trade today, with leading tokens moving lower amid global risk-off sentiment. As of 6:50 a.m. IST, top cryptocurrencies were trading in the red, extending mild corrections after recent rallies.
The broader market sentiment turned cautious as investors booked profits following last week’s surge in digital assets. Analysts also pointed to volatility driven by macroeconomic uncertainty and regulatory developments.
Top gainers:
Among altcoins, ZKC led the gains with a 53.18% rise to $0.2771, followed by ARPA up 20.50% to $0.02328. DEGO added 14.59% to $1.39, while EDEN, MAGIC, and Dexe climbed between 8-9%.
Top losers:
On the losing side, YB dropped 20.70% to $0.5646, followed by SUPER down 16.14% at $0.4078, and FUN which fell 13.79% to $0.004376. Other notable decliners included D (-12.22%), ALICE (-11.17%), and BEAMX (-10.80%).
