- Bitcoin and Ethereum dropped 2–4 %, dragging down others like SOL, XRP, etc., in a wave of profit-taking and risk aversion.
- BTC is now probing the $110,000–$112,000 zone after failing to hold above $125K.
- In contrast to the slide, BNB surged ~6 %, climbing past XRP in market rank, while gold hit record highs as capital rotated into perceived safe havens.
Over the last 24 hours, the major cryptocurrencies felt the heat as profit-taking and broader risk aversion grabbed hold. Bitcoin and Ethereum both fell 2 to4% respectively, dragging the rest of the pack lower. Solana (SOL), BNB, and XRP also succumbed to the slide, with losses ranging between 3–5 %, reflecting their tighter coupling to overall crypto sentiment.
Meanwhile, the total crypto market cap fell ~1–2 % over the day, from $4.4trillion to 4.14 trillion. After recent rallies, traders are locking in gains. Several reports note that sharp reversals often follow strong runs. Several long positions in BTC and ETH got flushed, amplifying selling pressure. BTC’s push above $125K the day earlier met with stiff resistance, and failure to sustain normally leads to pullbacks.
BTC is now probing support zones around $110,000–$112,000. Below, the next major demand zone lies near $105,000–$108,000. Resistance remains tough in the $125K region. Bitcoin is currently trading $121,655.52, down 1.59% at the time of reporting.
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Meanwhile, Ethereum slipped over 4% and is currently trading at $4,468.35. Being more volatile, ETH is testing support around $3,800–$4,000. A break below could drag it toward $3,500 or lower. If bulls defend this zone, reclaiming $4,200+ would be needed to reset momentum.
Bucking the trend was BNB, which managed to topple XRP to take the 3rd spot in the crypto ranking. Binance’s native token saw gains of 6% in the last 24 hours, trading around $1,317.32 levels. The rise can be attributed to increased network activity and significant institutional investments.
Solana was dragged down too, languishing with 3% losses in 24 hours. It is in a steeper corrective mode, with resistance now at prior support turned resistance levels. Analysts are watching out for support zones between $180–$200.
Meanwhile, gold continued to shine, hitting record highs in 2025 and drawing flows as a safe-haven asset. After gold futures topped $4000/oz, spot prices have all breached these record levels. Gold prices are up ~50% in 2025.
