Bitcoin Slips Below $80,000, XRP Drops 4.19% as Whales Move Millions in ETH and SOL
Redakcja CryptoPulsar ·
The crypto market is awash in red: Bitcoin drops 2.08% to $79,695, with total market capitalization at $2.77 trillion. XRP posts the steepest top-10 decline at 4.19%, even as on-chain data shows 19.4k ETH leaving exchanges. Hargreaves Lansdown has launched Bitcoin ETN trading, adding an institutional demand signal to the mix.
Bitcoin slips below the psychological $80,000 barrier, with total cryptocurrency market capitalization at $2.77 trillion. Over 24 hours BTC loses 2.08%, Ethereum 2.12%, and XRP posts the steepest decline among the leaders at 4.19%. Despite the sea of red, on-chain data shows something interesting: 19.4k ETH flowed out of exchanges, and Hargreaves Lansdown announced the launch of Bitcoin ETN trading. This mix of supply and institutional demand could define the coming hours. We break down the exact numbers and scenarios.
Top Gainers and Losers: XRP and Solana Lead Declines Among Majors
In the top ten by market cap, only TRON, Figure Heloc and stablecoins stay in the green. USDT rises 0.02% to $1.00, USDC by 0.00%, TRX by 0.08% to $0.3316, and FIGR_HELOC by 1.42% to $1.039. The largest decline belongs to XRP: -4.19% to $1.40. Solana loses 3.09% to $101.82, and Hyperliquid 1.74% to $83.97. BNB falls 0.97% to $718.21, but remains one of the strongest assets of the week in the top 10 with a +4.30% result.
| Crypto | Price | 24h | 7d |
|---|---|---|---|
| Bitcoin (BTC) | $79,695 | -2.08% | +2.90% |
| Ethereum (ETH) | $2,452.60 | -2.12% | +1.00% |
| BNB (BNB) | $718.21 | -0.97% | +4.30% |
| XRP (XRP) | $1.40 | -4.19% | +1.20% |
| Solana (SOL) | $101.82 | -3.09% | -2.10% |
| TRON (TRX) | $0.3316 | +0.08% | -3.00% |
| Figure Heloc (FIGR_HELOC) | $1.039 | +1.42% | -0.20% |
| Hyperliquid (HYPE) | $83.97 | -1.74% | +5.10% |
By market capitalization, Bitcoin dominates with $1.60 trillion, accounting for a calculated 57.67% of the entire market. Ethereum has $299.25 billion, XRP $87.64 billion, and Solana $59.58 billion. Stablecoins USDT and USDC hold $183.43 billion and $74.26 billion respectively, underscoring the still-strong position of on-chain cash. 24h volume for BTC stands at $36.76 billion, for ETH $16.75 billion, and for USDT $68.83 billion, highlighting the stablecoin's role as a settlement pair.
Market Categories: DeFi and Gaming Under Pressure, One Memecoin Shines
| Category | Crypto | 24h |
|---|---|---|
| Layer 1 non-EVM | Cardano | -4.87% |
| DeFi | Uniswap | -4.90% |
| Layer 2 | Arbitrum | -6.24% |
| Gaming & NFT | JasmyCoin | -9.46% |
| Oracles & Infrastructure | Filecoin | -6.29% |
| Exchange Tokens | Cronos | -3.18% |
| Memecoins | MemeCore | +6.44% |
Categories show a clear wave of profit-taking. In DeFi, Uniswap loses 4.90%, Aave 3.59%, and Hyperliquid 1.74%. In the Layer 1 non-EVM segment, Cardano drops 4.87%, XRP 4.19%, and Solana 3.09%. The steepest Layer 2 decline belongs to Arbitrum (-6.24%), and in Gaming & NFT to JasmyCoin (-9.46%) and Pudgy Penguins (-6.30%). Against the sea of red, memecoin MemeCore stands out with a 6.44% gain in 24h. Dogecoin and Shiba Inu fall 3.84% and 3.80% respectively.
According to AMB Crypto reports, outside the leaders Dash gains 17%, and the privacy-coin rally is spilling over to Zcash. Meanwhile EOS loses 10%, as Investing.com PL writes. This shows that volatility is not limited to the largest assets.
Market Analysis: Indicators Urge Caution, Not Panic
Bitcoin and Ethereum: Mixed Technical Signals
Bitcoin (BTC) costs $79,695, with a 24h decline of 2.08%. Over the past day the network processed around 1.14 million transactions. The RSI(14) at 45.7 remains neutral, MACD is bearish, but EMA9 sits above EMA21, which typically supports the bulls. The Fear and Greed Index stands at 74, meaning the market is in the greed zone, while the contract funding rate is around 0.008%. CryptoPulsar's market cycle scores BTC at 32.8/50.
Ethereum (ETH) drops 2.12% to $2,452.60. The RSI(14) at 47.9 is neutral, MACD remains negative, and the EMA 9/21 crossover still looks bullish. MEV risk on DEXs stands at 48/100. The market cycle scores ETH at 30.2/50.
Ethereum: Exchange Outflows and Large Whale Transfers
In on-chain data from the last 4 hours, ETH netflow came in around -19.4k ETH, meaning withdrawals from exchanges exceeded deposits. In the last hour, 92 large transfers above 250 ETH were recorded, including the three largest of around 10-12k ETH each. Raw Bitquery data shows transfers of 666.00 ETH, 333.02 ETH and 1,244.02 ETH among others. Historically such an outflow reduces immediate market supply, but a negative MACD suggests caution.
Solana: Over 100 Whale Transfers Above 5,000 SOL
On Solana, more than 100 transfers above 5,000 SOL were recorded in the last hour. The three largest amounted to around 999k SOL each. SOL price drops 3.09% to $101.82. RSI(14) is neutral at 53, EMA 9/21 remain in a bullish setup, and the funding rate is 0.0018%. This suggests no strong lean of the market in either direction.
BNB: Large Packets in the Background, Score 33.2/50
BNB costs $718.21 (-0.97%). In the last hour, 46 transfers above 100 BNB are visible, including the largest of around 9,564, 4,300 and 4,216 BNB. RSI 51 is neutral, MACD is bearish, EMA9 has crossed above EMA21, and Fear & Greed 74 signals greed. Contract funding stands at 0.008%.
XRP: RSI Overbought at 81.7
XRP loses 4.19% to $1.40. RSI(14) at 81.7 shows strong overbought conditions, raising the risk of a correction. MACD is bearish, even though EMA9/21 remains bullish. The 0.0079% funding rate is neutral, and Fear & Greed at 74 means greed.
💡 Worth Knowing
The Fear and Greed Index remains at 74, in the greed zone, despite the red on major pairs. Low funding rates (BTC around 0.008%, SOL 0.0018%) suggest the market is not heavily overheated with leverage. This may limit the risk of a sudden liquidation cascade, but at the same time provides less fuel for an immediate bounce.