The global crypto market cap fell to $2.81 trillion, down 2.82% over the past 24 hours, with total trading volume at $75.2 billion, according to CoinGecko data. Bitcoin's dominance held steady at 59.8% of the total market, while Ethereum accounted for 10.9%. The selloff was broad but not severe, with most major coins posting single-digit losses rather than sharp drops.
The standout mover was Bitway (BTW), ranked 31st by market cap, which jumped 46% to $2.59 and landed atop both the trending-search list and the gainers chart — a rare dual appearance that signals unusually concentrated interest in a mid-cap token. It wasn't alone: Walrus (WAL) climbed 24.5% to $0.0485, and Pearl (PRL) rose 18.6% to $1.97, suggesting pockets of speculative buying persisted even as the broader market retreated. Optimism (OP) also drew attention with a 9.9% gain to $0.153.
On the losing side, privacy coin Rain (RAIN) was the session's weakest performer among tracked assets, dropping 6.96% to under a penny at $0.0098. Quant (QNT) fell 4.74% to $214.25, and Polkadot (DOT) slid 3.86% to $1.16. Starknet (STRK), despite trending in search volume, declined 4.32% to $0.082, underscoring that elevated attention didn't guarantee gains across the board.
Elsewhere, established names moved only modestly against the downtrend. Zcash (ZEC) added 2.54% to trade at $1,257.47, Bitcoin Cash (BCH) rose 2.54% to $281.12, and Monero (XMR) gained 1.6% to $551.82 — all three privacy-focused coins posting gains while the wider market cooled. LEO Token edged up 1.24% to $9.01.
The combination of a market-wide retreat alongside sharp, isolated spikes in lower-ranked tokens like Bitway and Walrus points to traders rotating into speculative small-caps even as sentiment on blue-chip assets softened. With 22,254 active cryptocurrencies now tracked and 24-hour trading volume topping $75 billion, the session reflected a market still searching for direction after Bitcoin and Ethereum dominance figures held roughly flat day over day.