The cryptocurrency market is experiencing fluctuations as leading cryptocurrencies like Bitcoin and Ethereum decline while new altcoins like BXN and TAGGER show outstanding results.
Bitcoin and Ethereum Prices Decline
Over the past 24 hours, Bitcoin has seen a minor decrease of 0.4%, reaching $107,294. Trading volume exceeded $22.5 billion, but market fatigue has begun to set in following recent gains.
Ethereum also faced downward pressure, dropping 1.7% to $2,440.45. With nearly $15 billion in daily trading activity, it also failed to maintain its previous momentum.
Other Major Cryptocurrencies Face Losses
XRP was one of the hardest-hit assets, dropping 4.4% to $2.09. The daily trading volume was over $2.6 billion, but it could not sustain gains made in the prior week.
BNB declined by 0.5% to close at $644.72. Daily volume was less than $620 million as traders monitored market signals.
Solana and Dogecoin also showed declines, falling by 2.9% to $140.57 and 2.3% to $0.1608, respectively, both feeling pressure from a decrease in market enthusiasm.
BXN and TAGGER Demonstrate Significant Gains
Amid the overall drop of most top cryptocurrencies, two lesser-known altcoins showed resilient growth. BXN, despite its $1.17 million volume, emerged as the top performer of the day.
TAGGER rose by 42.5% to $0.0003336 on a significant trading volume exceeding $98 million, indicating high interest and active buying in the market. Other altcoins also recorded gains, although not exceeding 40%. For instance, BULLA increased by 35.3% to $0.09626, AI Companions (AIC) advanced 33.3%, reaching $0.1592, and QANX increased by 22.8%, settling at $0.02702.
Currently, Bitcoin, Ethereum, and other major cryptocurrencies are decreasing, while BXN and TAGGER continue to surprise traders with their sharp rises. This highlights investors' ongoing interest in high-risk trends in the market.
