The cryptocurrency market closed lower with broad-based selling pressure across major digital assets, led by declines in Bitcoin, Ethereum, and Solana, while select tokens showed resilience.
Bitcoin fell 2.16% to $67,516, maintaining its top market position with a market capitalization of $1.35 trillion. Ethereum declined 3.24% to $1,961, reflecting continued weakness in large-cap altcoins. Among the top movers, Solana dropped sharply by 4.87%, marking the steepest decline among major cryptocurrencies.
Other key assets also traded in the red. XRP fell 2.90%, BNB declined 1.73%, Dogecoin slipped 2.07%, and Cardano dropped 2.52%, indicating a broad market correction. Stablecoins USDT and USDC remained largely flat, maintaining their dollar pegs amid market volatility.
However, TRON edged up 0.45%, showing mild strength, while Hyperliquid surged 4.58%, emerging as the top gainer among the tracked assets and defying the broader market trend.
Overall, the crypto market witnessed cautious sentiment with selling dominating large-cap tokens, while selective buying in smaller assets indicated pockets of investor interest despite the broader downturn.
