The cryptocurrency market faced a slight pullback in the past 24 hours, with major assets recording mild declines after recent strong rallies. Bitcoin (BTC) dropped 3.1% to $101,797, as traders appeared to take profits following its surge above the $100,000 mark. Despite the decline, Bitcoin’s market capitalization remained above $2 trillion, showing continued resilience in investor confidence.
Ethereum (ETH) also fell 5.7% to $3,331.22, reflecting reduced buying pressure after several days of gains. Analysts attribute the correction to short-term profit-taking, although Ethereum’s network activity continues to remain steady.
XRP retreated 2.1% to $2.24, mirroring the broader market trend. The token’s recent gains slowed as traders shifted focus to high-volatility altcoins. Similarly, Dogecoin (DOGE) slipped 0.3% to $0.1649, reflecting a temporary loss of momentum among meme coins.
Altcoins Face Market-Wide Correction
Among the leading altcoins, BNB declined 2.3% to $945.15, cooling off after a strong performance earlier in the week. Cardano (ADA) dropped 2.1% to $0.533, while Solana (SOL) recorded a 1.5% loss, trading at $157.25. The declines suggest a short-term correction phase as investors consolidate recent profits.
In the staking category, Lido Staked Ether (STETH) slipped 6.2% to $3,324.64, while Wrapped stETH (WSTETH) declined 5.5% to $4,038.51. Despite the drop, both assets remain among the top performers over the past week, reflecting sustained demand for liquid staking options.
Top Gainers Defy Broader Market Trend
While most large-cap cryptocurrencies experienced slight declines, smaller tokens outperformed the market. Momentum (MMT) led with a 340.1% surge to $1.50, followed by Giggle Fund (GIGGLE), which jumped 160.1% to $123.94. 1 Coin Can Change Your Life climbed 107.9% to $0.02942, driven by speculative trading activity.
Other notable gainers include DeAgentAI (AIA), up 83% to $2.23, and Nano (XNO), which rose 77.5% to $1.09. Anvil (ANVL) also posted a 74.2% increase, highlighting ongoing volatility among low-cap assets.
The 24-hour market movement indicates a brief cooling period after consecutive sessions of gains. Analysts note that such corrections are typical following strong rallies, and the broader sentiment across the digital asset market remains cautiously optimistic.