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Bitcoin dropped to $114,459, falling nearly 1% and raising concerns about sustaining support above $115,000.
Altcoins, including Ethereum, XRP, Solana, and Dogecoin, saw steep declines, with Dogecoin leading losses at over 7%.
Despite bearish price action, innovation continued with new stablecoin launches and major corporate blockchain investments.
Crypto prices today showed bearish sentiments. Bitcoin, the world's largest cryptocurrency, was trading between $115,000 and $114,459.79 with a market cap of $2.28 trillion. The broader altcoin market mirrored Bitcoin's weakness, with most major cryptocurrencies recording losses.
Ethereum, the second-largest digital asset, fell 4.06% to $4,291.49, while XRP declined 3.66% to $2.89. Solana and BNB also joined the selloff, dropping 3.65% and 3.24% respectively. Let’s see in detail the crypto prices today of the world’s top ten tokens based on CoinMarketCap data.
Bitcoin (BTC) price has dropped 0.95% to $114,459.79, with daily trading volume reaching $30.14 billion. Bitcoin's retreat below $115,000 has caught the attention of market analysts who view this level as an important support zone. The cryptocurrency has been consolidating between $115,000 and $117,000 over recent sessions, with today's decline potentially signaling further weakness ahead.
Ethereum's (ETH) 4.06% decline to $4,291.49 reflects broader selling pressure across smart contract platforms. The world's second-largest cryptocurrency by market cap maintains a valuation of $518 billion despite the recent pullback.
XRP fell 3.66% to $2.89 while Solana (SOL) dropped 3.65% to $231.87. BNB showed relative resilience with a slight dip of 3.24% to $1,033.36. Despite the broader market weakness, Dogecoin (DOGE) led the losses, falling 7.27% to $0.2490. TRON (TRX) and Cardano (ADA) were down by 1.61% and 4.92% respectively.
Stablecoins continued to work as safe havens during the market volatility. Tether (USDT) maintained its dollar peg at $1 with minimal fluctuation, while USD Coin (USDC) traded at $0.9997.
Also Read: Top XRP Ledger Ecosystem Coins by Market Cap in 2025
Here are the top global headlines impacting crypto prices today:
The first regulated Chinese yuan (CNH) pegged stablecoin has just been launched. According to CoinCentral, financial technology firm AnchorX unveiled its AxCNH token during the Belt and Road Summit in Hong Kong. It is designed specifically for international transactions rather than domestic use in China.
This launch comes alongside Seoul-based digital asset firm BDACS's launch of an overcollateralized Korean won-pegged stablecoin called KRW1, as reported by Crypto News. This highlights the growing global competition in the stablecoin sector.
Nasdaq-listed cannabis company Flora Growth announced a $401 million treasury initiative supporting Zero Gravity (0G). It is a blockchain project focused on decentralized AI infrastructure. The investment combines $35 million in cash with $366 million in digital assets, primarily 0G tokens.
As part of this transaction, Flora Growth will undergo a corporate rebranding to ZeroStack while maintaining its FLGC ticker symbol on Nasdaq. The deal was led by Solana treasury company DeFi Development Corp, with participation from multiple investment firms, including Hexstone Capital and Carlsberg SE Asia.
Former Binance CEO Changpeng Zhao's venture capital firm YZi Labs announced an increased stake in Ethena, the issuer of the USDe stablecoin. This investment will support USDe's expansion across BNB Chain and facilitate development of Ethena's treasury-backed USDtb stablecoin.
The partnership aligns with YZi Labs' mission to support scalable digital dollar infrastructure for financial system efficiency and liquidity. Ethena CEO Guy Young emphasized that this development brings the industry closer to embedding stable, yield-bearing assets directly into the crypto economy's core infrastructure.
Also Read: Crypto News Today: Strategy Stock Slides 4% Despite Bitcoin Rally, Exposing Debt Risks in Saylor's Model
Crypto prices today drop, reflecting the inherent volatility of the sector, with Bitcoin and altcoins declining. Despite short-term weakness, the continued institutional investment and regulatory progress suggest underlying strength in the sector's long-term prospects.
The launching of new stablecoin options, major corporate treasury investments, and expanding infrastructure development indicate that fundamental adoption and innovation continue to advance. Traders and investors will likely monitor Bitcoin's ability to reclaim the $115,000 level as a gauge of near-term market sentiment.
1. Why did Bitcoin fall below $115,000 today?
Bitcoin dropped below $115,000 due to broader market weakness, increased profit-taking, and selling pressure in global crypto markets. Analysts view $115,000 as a critical support zone, and its breakdown suggests cautious investor sentiment amid macroeconomic uncertainty.
2. How are altcoins like Ethereum, XRP, and Solana performing?
Altcoins mirrored Bitcoin’s losses, with Ethereum falling 4% to $4,291, XRP down 3.66% to $2.89, and Solana sliding 3.65% to $231. Overall, most major tokens recorded declines, signaling strong bearish momentum.
3. Are stablecoins affected by today’s market drop?
Stablecoins such as Tether (USDT) and USD Coin (USDC) held their pegs, proving their role as safe havens during volatility. However, the sector saw innovation with the launch of yuan- and won-pegged regulated stablecoins, expanding global adoption.
4. What major corporate developments are shaping the crypto market?
Flora Growth announced a $401 million blockchain investment in decentralized AI infrastructure via Zero Gravity (0G). Meanwhile, YZi Labs increased its stake in Ethena, supporting expansion of stablecoin infrastructure across major blockchain ecosystems.
5. What is the long-term outlook for the cryptocurrency market?
Despite short-term volatility, institutional investments, regulatory clarity, and blockchain infrastructure growth support long-term optimism. Market cycles are natural, and as adoption deepens, digital assets are increasingly viewed as resilient investment classes.
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