The cryptocurrency market opened on a mixed note on Tuesday, with major tokens trading in a narrow range while select mid-caps posted sharp intraday gains. As of 8:17 AM IST, Bitcoin and Ethereum were steady, though broader sentiment remained cautious ahead of global macro cues.
Bitcoin hovered at $90,273.96, down 1.07% over the past 24 hours, maintaining a tight consolidation band. Ethereum showed relatively firmer action at $3,109.35, inching up 0.23%. Solana, however, slipped 0.60% to $133.23, reflecting mild profit-taking in large-cap altcoins. BNB also traded softer at $894.06, down 0.81%.
Despite subdued movement in blue-chip tokens, mid-cap and small-cap cryptocurrencies displayed high volatility, with several names posting double-digit swings.
LUNA, ALLO, ZEC lead gainers
A sharp rebound in select altcoins dominated early trade.
LUNA surged 35.66% to $0.1419, emerging as the standout mover. ALLO gained 19.71%, ZEC climbed 16.45%, and RDNT advanced 14.47%, indicating strong speculative interest in mid-cap tokens.
GLMR, KITE, ZZ among top losers
The market’s weakness was more pronounced in smaller tokens.
GLMR dropped 10.76% to $0.034, while KITE and ZZ fell 9.20% and 9.11%, respectively. MDT also slipped 8.48%, extending losses from the previous session.
Market mood
With Bitcoin and Ethereum largely flat and altcoins swinging sharply, the market continues to display a split trend — stability at the top, volatility in the mid-cap basket. Traders remain watchful of global risk sentiment and upcoming macroeconomic signals that could influence crypto inflows.