Altcoin Season Takes Breather With SOL, XRP, TON Among Those Posting Heavy Losses

Crypto’s Altcoin Season Stumbles Out of the Gate

Muyao Shen takes a look at a recurring phenomenon in crypto markets that’s become known as altcoin season.

Altcoin Season Takes Breather With SOL, XRP, TON Among Those Posting Heavy Losses

Several of the largest altcoins suffered corrective moves to the downside on Wednesday, suggesting a pause or even end to altcoin season before it ever really got started.The sharp declines pushed bitcoin dominance back above 60% as the world's oldest crypto remained relatively stable.Also notable were more than $200 million worth of long positions liquidated, $43 million of which was on ether (ETH) markets and $32 million on XRP (XRP). Though b…

Bitcoin Steady at $118K as Altcoins Pullback Deepens- What’s Behind the Drop? - Crypto News Flash

Bitcoin dominance climbed 0.5% on the day, approaching 60% as analysts eye a potential short squeeze with targets of $140K and beyond. The sharp altcoin sell-off follows a strong recent rally, with coins like XRP down 10% and BNB pulling back from all-time highs. Amid the broader crypto market volatility today, the Bitcoin (BTC) price remains steady at $118,000 levels while altcoins, including XRP, BNB, and SOL, are down 5-10% in a major pullbac…

Ethereum and XRP lead $976 million liquidation wave as altcoin rally pulls back - Coin Surges

Major altcoins, including Ethereum and XRP, have taken a step back following a week of strong upward momentum. The broader crypto market is flashing red today as top assets face significant resistance after their recent surge. Data from CryptoSlate shows that most of the top 10 cryptocurrencies by market capitalization are trading lower. Ethereum dropped by 2%, while XRP led losses with a sharp 10% decline. Other altcoins such as BNB, Solana, Ca…

Crypto Markets Experience Correction Amid Derivatives Liquidation

The cryptocurrency market cap is down by almost 3.24% indicating a correction after a rally. Bitcoin witnessed less volatility compared to other cryptocurrencies. The digital assets market was under pressure today as investors observed a broad-based decline in the prices of major cryptocurrencies. The overall market capitalization fell by 3.24% currently stands at $3.8 trillion, which indicates a significant change in the mood of the market. Bi…