Altcoins Stumble as Bitcoin Regains Footing: XRP Leads Losses with 2% Drop

Crypto markets show minor turbulence as Bitcoin claws back ground while altcoins retreat. XRP takes the hardest hit, sliding 2% amid muted trading volumes—because nothing says ’bull market’ like watching your portfolio bleed while Bitcoin eats the lunch of smaller tokens.

Key movers:

- BTC reclaims $65K level after brief consolidation

- ETH/BTC ratio weakens as Ethereum underperforms

- Meme coins flatline as traders rotate into blue chips

The ’altcoin season’ narrative takes another hit as market liquidity continues favoring Bitcoin—proving once again that in crypto, there’s Bitcoin, and then there’s ’risk assets’ pretending they’re not correlated.

Market Overview

Showing resilience, Bitcoin is regaining ground with its price hovering around $94K, reflecting a slight decline of about 1.4% in the last 24 hours but maintaining strong bullish momentum overall. Analysts suggest potential highs between $96,000 and $98,000 in coming hours, driven by institutional refreshed weekly sentiment and anticipation around the upcoming FED meeting. 


Leading altcoins, Ethereum (ETH), XRP, and Solana (SOL) are navigating a mixed market landscape. ETH, priced around $1,800 is holding steady with a minimal 1.3% dip while SOL is trading near $144, down 0.90% today. Meanwhile, XRP has dropped 2% today with it now trading at $2.14—as per CoinMarketCap data. 


Many altcoins are experiencing minor drops, with trending coins like SUI, LTC, GORK, and AKT showing varied performance. The current altcoin market sentiment hints at a potential turnaround, with May historically being a solid month for crypto performance.

Trending Crypto Today

• SUI (Sui)
• LTC (Litecoin)
• GORK (New XAI gork)
• XRP (XRP)
• AKT (Akash Network)
• Today’s Top Gainers
• WAL (Walrus): 11%
• CORE (Core): +10%
• FORM (Four): +8%
• SUI (Sui): +6%
• VIRTUAL (Virtuals Protocol): +6%
• Today’s Top Losers
• ENS (Ethereum Names Service): -7%
• LEO (UNUS SED LEO): -5%
• TON (Toncoin): -4%
• FET (Artificial Superintelligence Alliance): -4%
• IOTA (Iota): -3%

The global crypto market cap sits at $2.93 trillion, which is down 1.20% today, reflecting a dynamic yet volatile market landscape. The 24 hour trading volume currently sits at $58.30 billion.

Also Read: Elon Musk’s Gork Tweet Sends Memecoin Soaring 70%