The crypto price chart showed a majority of altcoins trading in the reds on Thursday. Bitcoin clocked a loss of nearly two percent in the last 24 hours falling below the $90,000 mark, notably lower than the $92,600 price point that it had been hovering over for the last two days. At the time of writing BTC was trading at $90,770, data by CoinMarketCap showed.
Bitcoin could turn it around
In conversation with Coin Headlines, market analysts said that the recent inflows of $1.2 billion into Bitcoin ETFs, a modest outflow of $243 million was also reported. Despite this, analysts said, underlying demand remains strong.
“For price action to turn bullish, BTC needs sustained buying above $93,000, and the U.S. jobless claims data scheduled for today could be a key catalyst. For now, while accumulator addresses increased holdings to around 310,000 BTC this week, up from roughly 249,000 last week, exchange supply has dropped to nearly 13.7 percent, one of the lowest levels since 2018,” Akshat Siddhant, Lead Quant Analyst at Mudrex pointed out.
Eth slips amidst Altcoin consolidation
Ether price slipped by 3.29 percent over the last day. At the time of writing, the asset was trading at $3,140 on international exchanges. With ETH maintaining its price point above the crucial psychological point of $3,000, analysts believe the asset could be looking at a period of rally.
XRP’s price climb remained halted for the second consecutive day on Thursday. The asset reflected a price drop of 5.32 percent to trade at $2.13. In the last 72 hours, XRP’s market cap has tumbled from over $140 billion to $129.8 billion.
BNB, Solana, Dogecoin, Cardano, Chainlink, Hyperliquid, and Monero also reeled under losses of under five percent on international exchanges.
Zcash, that made it to the headlines over the past few weeks for clocking unprecedented profits amid the market slump, is also undergoing market correction. The token fell by nearly eight percent in the last 24 hours, bringing its price to $457 at the time of writing.
With most altcoins trading in the reds, the overall crypto market cap fell by 1.87 percent over the last day. The valuation of the sector has come to $3.12 trillion, as per CoinMarketCap.
Canton emerged among a handful of crypto assets that managed to fetch profits on Thursday. The asset is trading at $0.1395 with a gain of 2.50 percent. Stablecoins including PayPal USD, USDC, and USDT are also not in losses given that their value is pegged to the USD.
In the last 24 hours, over 111,470 traders were liquidated with the total liquidations hitting $364.77 million, CoinGlass data shows.
“The CoinDesk 20 Index slid nearly four percent, led by an right percent drop in XRP, one of early 2026’s top performers. The selloff came despite a 0.5 percent Nasdaq rise, while gold and silver pulled back sharply. Digital asset treasury stocks saw limited impact from MSCI’s decision to retain Strategy in its indexes, with most peers trading lower,” Sathvik Vishwanath, Co-Founder and CEO, Unocoin told Coin Headlines.