Crypto Bloodbath: Bitcoin Plunges to $107K as Ethereum Barely Clings to $2,650
Market carnage hits digital assets—Bitcoin slumps while Ethereum wobbles defensively. Altcoins get slaughtered in the crossfire.
Wall Street analysts shrug—just another Tuesday in crypto land. Meanwhile, traditional finance bros sip lattes and whisper ’told you so.’
Ethereum Holds onto $2,650
Ethereum (ETH), on the other hand, has demonstrated resilience, with maintaining its price at $2,650 despite earlier volatility that saw it briefly drop to $2,616 during early trading hours. At the time of writing, ethereum is trading near $2,652—down 1.69% in the past 24 hours.
Altcoins Fail to Sustain Gains
While Ethereum sustains its gain, most altcoins are facing selling pressure, contributing to a broader market downtrend. Major alts like XRP, Solana (SOL), Cardano (ADA) saw declines of 3.69%, 4.29% and 2.96% respectively. Despite the red-trend, selected altcoins like BNB and TRX have shown neutral performance today.
Toncoin (TON) is outshining today with surging 13% and becoming the top gainer, fueled by Telegram’s xAI integration and the sale of $1.5 million word of bonds. Another major move is SPX6900 (SPX) meme coin, which has gained 12% in the past 24 hours.
On the losing side, Monero (XMR) is atop as it declines 12.3%, followed by HYPE’s 9% and Fartcoin as well as RENDER’s 8% drop.
Trending Crypto Today
- TON (Toncoin)
- NXPC (NEXPACE)
- MASK (Mask Network)
- UNI (Uniswap)
- MERL (Merlin Chain)
Crypto Market Cap Overview
The total crypto market cap has declined 2.1% today, with it now sitting at $3.4 trillion. It has a 24 hour trading volume of $117.02 billion, down 8.16% compared to yesterday. As the market navigates this early-bearish trend, traders have remained vigilant for signs of a breakout or further consolidation.
Also read: Toncoin Jumps 15% After Telegram’s $1.5B Bond Sale & VP Hire
