Solana & Ethereum Reel as Crypto Bloodbath Drags Bitcoin Under $100K

Crypto markets got wrecked today—no two ways about it. Solana and Ethereum took the hardest hits, while Bitcoin barely clung to five figures. Here’s the damage.

Altcoins Get Decimated

SOL and ETH holders watched in horror as double-digit percentage drops vaporized gains. The usual suspects—leverage liquidations, macro fears, and maybe a whale dumping—triggered the selloff.

Bitcoin’s Psychological Floor Cracks

BTC dipping below $100K feels like watching a ‘diamond hands’ meme disintegrate in real-time. Traders who laughed at ‘weak hands’ last week aren’t laughing now.

The Silver Lining (Because There’s Always One)

This flushout kills weak leverage—setting the stage for the next rally. Just don’t tell that to the hedge fund bros currently hyperventilating into their avocado toast.

The market cap currently values at $264.72 billion, and Ethereum’s 24-hour trading volume, currently valued at $29.12 billion, is a sharp jump in activity that reflects traders rushing to unwind positions. 

Solana, which had shown relative strength earlier in the month, wasn’t spared either. The token fell over 15% in 24 hours, dropping to $128.95 by Sunday evening. 

Trading volume surged past $5.24 billion, up more than 48% in a single day, a clear signal that investors were rapidly exiting. 

The sudden reversal in Solana’s trend caught many off guard, especially after a strong stretch that had positioned it as one of the more stable large-cap performers.

Across the board, altcoins saw a deep red. BNB fell 5%, XRP slipped under $1.94, and Avalanche dropped below $16. In total, the market lost over $200 billion in valuation in just under 36 hours. The total crypto market cap for all cryptocurrencies combined now sits at $3.04 trillion, dropping 5%.

With traditional markets closed and crypto trading non-stop, it was the first asset class to price in the geopolitical shock. The Bitcoin crash, paired with Ethereum and Solana’s declines, signals that traders are bracing for more volatility if the situation escalates. All eyes now turn to global markets when they open Monday.

Also Read: crypto Market Crash! Bitcoin nears 100K, ETH, XRP, SOL, DOGE Falling