The cryptocurrency market is experiencing shifts as Bitcoin and Ethereum lose ground, while low-cap tokens show considerable growth.
Overall Market Status
Bitcoin (BTC) fell by 0.4% in the last 24 hours to $117,084 after briefly achieving a record high of $123,090 the day before. This reversal triggered heavy profit-taking across the market, wiping billions from the value of leading cryptocurrencies. Bitcoin recorded over $71.4 billion in trading volume and a market cap of $2.32 trillion.
Surge in Low-Cap Tokens
Despite the overall decline, small-cap tokens experienced explosive gains. Cross (CROSS) skyrocketed 63.0% to $0.2118, while BugsCoin (BGSC) surged 41.9% to $0.00751. Additionally, SX Network (SX), Ava AI (AVA), and W coin (W) each gained more than 20% in one day.
Impact on Major Cryptocurrencies
Ethereum (ETH) also faced a drop, maintaining a trading volume of $39.5 billion and a market cap of $359.9 billion. XRP decreased by 0.3% to $2.87, cooling after a sharp weekly surge of 26.5%. Among other leading altcoins, Cardano (ADA) saw a decline of 0.5% to $0.7242, while Solana (SOL) dropped 0.1% to $160.58.
In light of current market changes, a clear trend is emerging as major cryptocurrencies retreat from recent highs while small-cap tokens capture investor attention.
