Major Cryptocurrencies Slide as Market Pullback Hits Large Caps

Published
International Managing Editor
Large-cap crypto prices fall amid cautious sentiment as traders rotate into altcoins

Major cryptocurrencies traded lower over the past 24 hours, led by declines in Bitcoin, Ethereum and XRP, as traders reduced exposure to large-cap digital assets amid cautious market sentiment.

Bitcoin fell 1.9% to about $87,450, though trading activity remained robust with volumes topping $42 bn, suggesting continued market participation despite the pullback. Ethereum dropped more sharply, sliding 2.3% to around $2,962, with daily turnover exceeding $21 bn.

Other leading tokens also moved into negative territory. BNB eased 1.2% to $849, while XRP declined 2.1% to $1.88 on softer buying interest. Solana slipped 1.5% to $124, Dogecoin fell 1% to $0.13, and Cardano edged down 1% to $0.36.

The broader decline contrasted with gains among several smaller-cap tokens, highlighting a rotation rather than a full market exit. Analysts noted that while risk appetite for major coins weakened, capital continued to flow into higher-momentum altcoins, underscoring selective optimism within the crypto market.

Kursiv Uzbekistan also reports that the country exported gold worth $9.9 bn during the first 11 months of 2025, a 49.4% increase compared with the same period last year, the National Statistics Committee reports.

Read also