The crypto market saw another day of deep red as top assets extended their weekly slide. At the time of writing Bitcoin dropped 1.18% in the last hour and 6.8% over 24 hours, falling to $103,926, while Ethereum tumbled 9.02% daily, now trading at $3,695, both marking new local lows amid persistent selling pressure.
Bitcoin and Ethereum lead the correction
Bitcoin’s decline below $104,000 represents a continued loss of momentum, with weekly performance down 14.45%. Ethereum followed closely, sliding nearly 15% over the past seven days, weighed down by broader risk-off sentiment.
BNB, XRP, and Solana extend sharp declines
BNB dropped 12.38% in the last 24 hours to $1,038, extending its weekly losses to almost 17%. XRP fell 9.53% to $2.21, with a staggering 21.5% drop this week, while Solana (SOL) shed 10.3%, now at $175.6, marking a 20% weekly slide.
Altcoins suffer heavier selloffs
Mid-cap tokens mirrored the downturn. TRON (TRX) lost 4.8% daily, trading near $0.30, while Dogecoin (DOGE) plunged 11% in a day and 29% over the week to $0.17. Cardano (ADA) followed with an 11.7% daily drop to $0.59, deepening its weekly losses to 26.4%.
Market-wide pressure hits Chainlink and Hyperliquid
Among newer and high-beta assets, Hyperliquid (HYPE) fell 11% in 24 hours and 23% this week, now priced at $34.2. Chainlink (LINK) was hit hardest, down 13.8% daily and nearly 30% weekly, trading at $15.8. Stellar (XLM) and Bitcoin Cash (BCH) also declined, losing 10.68% and 12.68% respectively, with BCH at $461.
