The cryptocurrency market traded on a mixed note, with top assets showing mild pressure while select altcoins delivered sharp gains.
Market leader Bitcoin declined 0.70% to around $70,807, while Ethereum fell over 1% to $2,146. Stablecoin Tether held steady near parity, and BNB slipped marginally, reflecting cautious sentiment in large-cap tokens.
In the DeFi space, Aave remained the top protocol by total value locked (TVL), despite a slight dip in price, while Lido DAO and Ethena also saw declines. However, Ethena stood out with a notable 2.83% gain among select protocols.
On the broader market movers list, MemeCore emerged as the top gainer, surging 39.09%, followed by siren (+27.60%) and SuperVerse (+21.80%), indicating continued speculative interest in smaller tokens. Other gainers included Reserve Rights and Ethena, each posting double-digit gains.
On the downside, River led the losers with an 8.97% drop, followed by Gas, Fluid, and Akash Network, all declining between 5% and 7%. Selling pressure in these tokens suggests profit-booking after recent rallies.
Overall, while large-cap cryptocurrencies remain under slight pressure, strong momentum in mid- and small-cap tokens highlights ongoing risk appetite in selective pockets of the crypto market.
