Crypto Crash: Bitcoin Struggles at $74,000 as Zcash and Monero Plunge Over 5%
What to Know
- Bitcoin (BTC) remained unchanged at $74,533.89, while trading volume reached $27.37 billion amid losses across several major cryptocurrencies.
- Zcash (ZEC) plunged 5.8% to $1,145.84, while Monero (XMR) declined 5.3%, recording the largest losses among leading cryptocurrencies.
- Super Inu (SI) surged 147.9%, while Initia (INIT) and PolySwarm (NCT) gained 77.3% and 46.5%, respectively, despite broader weakness.
Bitcoin struggled to gain momentum above $74,500 as Zcash and Monero recorded losses exceeding 5% across the cryptocurrency market. According to CoinGecko data, Bitcoin (BTC) traded unchanged at $74,533.89, with $27.37 billion in trading volume and a $1.49 trillion market capitalization.
The weakness extended across several major altcoins, with Ethereum, XRP, and Solana recording declines during the same period. Zcash and Monero experienced the largest percentage losses among the leading cryptocurrencies listed, contrasting with Bitcoin’s relatively stable performance.
Major Altcoins Decline as Zcash and Monero Face Heavy Selling Pressure
Zcash (ZEC) led losses among major cryptocurrencies, falling 5.8% to $1,145.84, with trading volume reaching approximately $998.90 million. Its market capitalization stood at $19.51 billion, reflecting its position among the largest digital assets.
Monero (XMR) followed with a 5.3% decline to $563.16, recording $144.57 million in daily trading volume. Its market capitalization reached $10.60 billion, placing both privacy-focused cryptocurrencies among the weakest performers in the supplied market snapshot.
Ethereum (ETH) also experienced selling pressure, declining 0.6% to $2,114.74, with trading volume reaching $11.77 billion. Its market capitalization stood at $258.43 billion, maintaining its position as the second-largest cryptocurrency.
Meanwhile, XRP (XRP) dropped 0.5% to $1.10, recording $2.17 billion in trading volume and $69.66 billion in market capitalization. Solana (SOL) declined 1.2% to $85.82, with trading activity reaching $2.18 billion. TRON (TRX) recorded a smaller decline of 0.1% to $0.3177, generating approximately $271.98 million in daily trading volume.
Despite these losses, several major cryptocurrencies moved higher, indicating that selling pressure was not uniform across the market. BNB (BNB) gained 0.5% to $689.01, while Hyperliquid (HYPE) increased 0.7% to $74.53. Dogecoin (DOGE) also advanced 0.8% to $0.06981, recording $419.26 million in daily trading activity.
Top Gainers Led by Super Inu, Initia, and PolySwarm
Despite losses across several major cryptocurrencies, smaller digital assets recorded substantial gains during the same trading period. Super Inu (SI) topped the daily gainers list, surging 147.9% to $0.01605, with trading volume reaching $3.02 million. Initia (INIT) followed with a 77.3% increase to $0.2225, generating approximately $92.87 million in trading activity.
PolySwarm (NCT) climbed 46.5% to $0.01067, recording $13.09 million in trading volume. Unitas (UP) advanced 39.2% to $0.1473, while its trading activity reached $32.02 million.
Additionally, Anonymous Cat (ZCAT) gained 32.7% to $0.01718, with trading volume reaching $2.16 million. Pieverse (PIEVERSE) increased 31.3% to $2.10, generating approximately $84.67 million in daily trading activity. Provenance Blockchain (HASH) rose 24.1% to $0.007402, while edgeX (EDGE) gained 21.4% to $0.4039. Aria.AI (ARIA) also advanced 20% to $0.1841, recording $15.49 million in trading volume.
Overall, Bitcoin’s limited price movement contrasted with heavier losses across Zcash and Monero, which declined more than 5%. Meanwhile, gains across selected major and smaller cryptocurrencies showed that the market downturn remained uneven rather than affecting every digital asset.
This story was originally published by 36Crypto. Read the original article.





