Roughly $80 billion in value evaporated as major assets posted red numbers across the board.
Bitcoin (BTC), the market leader, slipped 1.01% to $114,416, extending its 7-day decline to 1.70%. Ethereum (ETH) faced heavier pressure, plunging 4.27% in a day and over 8% on the week, with prices dropping to $4,282. Analysts point to renewed macroeconomic uncertainty and ETF flow slowdowns as possible drivers behind ETH’s sharper losses.
XRP fell 4.37% to $2.87, continuing its 6% weekly slump, while Solana (SOL) slid 3.98% to $230.91, erasing much of its recent momentum. Meme favorite Dogecoin (DOGE) suffered one of the steepest losses, tumbling 7.66% in 24h and over 12% weekly, reflecting fading retail enthusiasm. Cardano (ADA) also struggled, down 5.55% to $0.84, while Chainlink (LINK) dropped nearly 6% in the past day and almost 10% this week.
Not all tokens were in retreat. Binance Coin (BNB) dipped 3.43% in 24h, but its 10% weekly gain highlighted ongoing strength after hitting new all-time highs earlier in the week. Stablecoins such as USDT and USDC remained pegged at $1, offering shelter amid market turbulence.
The Fear and Greed Index sits at a neutral 47, underscoring investor hesitation. Meanwhile, the Altcoin Season Index at 65 suggests capital is still rotating into alternative assets despite the correction.
With trading volumes holding above $137 billion daily, analysts caution that volatility remains elevated. Investors are closely watching macroeconomic data later this week, including U.S. GDP and inflation prints, which could influence the next direction for Bitcoin, Ethereum, and the broader crypto sector.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
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