HIFI dropped 37% in 24 hours, marking the largest loss among several Binance-listed tokens.
The total crypto market cap recovered to $3.33 trillion after a sharp dip in late June.
Altcoin Season Index stands at 28, placing the market in a Bitcoin-dominant phase with neutral sentiment at 50.
Several tokens listed on Binance experienced steep declines in the past 24 hours, raising market concerns. The affected assets include HIFI, BMT, CHESS, SOON, and OBOL, each recording significant losses during the period.
HIFI Records the Largest Loss
Among the tokens, HIFI suffered the steepest decline, dropping by as much as 37%. The exact timing of the fall occurred during high trading volume fluctuations, based on Binance market data. BMT, CHESS, SOON, and OBOL also saw sharp drops, though none matched HIFI’s percentage loss.
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These price movements came during a period of heightened volatility across the altcoin sector. Binance has not issued a statement regarding the declines. Monitoring of further developments continues as prices remain unstable across impacted pairs.
Altcoins Trail as Crypto Market Holds $3.33 Trillion Cap After June Dip
Despite the recorded dip in those tokens, the global cryptocurrency market shows signs of stabilization after experiencing a sharp correction in late June. According to updated 30-day data, total market capitalization now stands at $3.33 trillion. A steep decline between June 20 and June 23 briefly pushed values close to $3.1 trillion. Since then, recovery efforts brought valuations back above $3.3 trillion, where the market currently remains steady.
Source: CoinMarketCap (Market Overview)
Trading activity over the last 24 hours recorded $64.27 billion in volume across all tokens. Bitcoin leads with a 0.11% increase, trading at $108,094.17. Ethereum followed closely, gaining 0.13% to reach $2,515.42. BNB is currently priced at $654.76, reflecting a 0.04% increase. Solana gained 0.34% and is trading at $147.63. XRP showed the strongest movement, up 1.51%, with a price of $2.2504.
Neutral Sentiment Holds as Bitcoin Dominates Performance
The Fear and Greed Index registered 50, indicating a neutral stance from traders. This score reflects a market split between caution and optimism. Meanwhile, the Altcoin Season Index sits at 28 out of 100. The figure places the market in a Bitcoin Season phase, based on asset performance over the last 90 days. Altcoins remain less active compared to Bitcoin during this cycle.
The CoinMarketCap 100 Index rose 0.16% within the same 24-hour period. It now sits at $204.99, following a recovery trend since late June. Price action in top cryptocurrencies continues to influence index performance. Recent gains across major assets have contributed to holding market structure above the $3.3 trillion threshold. Altcoin sentiment, however, remains low based on comparative performance.
