The cryptocurrency market has experienced a sharp downturn over the past 24 hours, with the majority of major digital assets trading in the red. Leading cryptocurrency Bitcoin (BTC) dropped 3.22%, trading at $117,774.33 (₨33,319,535.70), while Ethereum (ETH) fell 4.47% to $4,525.31 (₨1,280,255.45). Binance Coin (BNB) recorded a modest decline of 1.17%, settling at $832.84 (₨235,618.76).
Altcoins also saw significant losses. Solana (SOL) slipped 3.50% to $192.88 (₨54,567.68), Ripple (XRP) plunged 6.39% to $3.0626 (₨866.44), and Dogecoin (DOGE) suffered a steep 8.40% drop to $0.22267 (₨62.99). Cardano (ADA) stood out as the sole gainer among the top-listed tokens, climbing 2.82% to $0.8999 (₨254.59).
Smaller-cap assets were not spared from the sell-off. PEPE witnessed the largest single-day percentage decline, tumbling 9.57% to $0.00001106 (₨0.00312898). SUI fell 6.18% to $3.7511 (₨1,061.22), Chainlink (LINK) shed 6.28% to $22.24 (₨6,291.91), and Litecoin (LTC) lost 7.32%, trading at $120.64 (₨34,130.26).
The widespread declines reflect growing investor caution, possibly triggered by macroeconomic uncertainties and shifting market sentiment. Traders are closely watching global financial signals for cues on whether this downtrend will extend or stabilize in the coming sessions.
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