Bitcoin traded at $64,975, down 0.12%, while Ether fell 0.59% to $1,865.11. Among major cryptocurrencies, Cardano was the biggest daily decliner, falling 1.16%, while Solana and XRP declined 0.65% and 0.23%, respectively.
The broader trend remained weak on a year-to-date and year-on-year basis. Bitcoin is down 25.76% YTD and 44.79% YoY, while Ether has declined 37.17% YTD and 49.99% YoY.
Among major altcoins, Cardano has gained 15.97% over the past month, while Uniswap has emerged as the strongest monthly performer, rising 29.75%. Litecoin has gained 14% over the same period.
However, the longer-term trend remains under pressure, with Polkadot down 80.14% YoY, followed by Cardano (-79.60%), Avalanche (-74.06%), and Cosmos (-69.82%).
Key market takeaway: The crypto market is showing short-term resilience across select altcoins, particularly Uniswap, Cardano and Litecoin, but the broader market remains firmly in a long-term downtrend, with most major assets still significantly below year-ago levels.
