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Cryptocurrency markets suffered widespread losses on Tuesday evening, with all eight major digital assets ending the session in negative territory amid a broad risk-off mood.
Ethereum plunged 3.92% to $2,048.70, slipping below the psychologically significant $2,100 level, while Solana plunged 4.16% to $82.96, posting the steepest percentage decline of the session. XRP plunged 3.54% to $1.06, and Avalanche plunged 3.19% to $8.36, rounding out a painful evening for mid- and large-cap altcoins.
Bitcoin, the market's bellwether, declined 2.05% to $73,711.66, limiting losses relative to the broader altcoin complex but still surrendering meaningful ground. BNB declined 1.77% to $677.94, Cardano declined 1.86% to $0.17, and Dogecoin declined 2.86% to $0.07, completing a session in which no major coin escaped selling pressure.
The scale of losses in Ethereum and Solana — both plunging more than 4% — suggests particular weakness in the smart-contract and decentralised-finance segments of the market. With Bitcoin's dominance holding comparatively firm, traders appeared to rotate defensively within the asset class rather than exit entirely, though overall sentiment remained firmly bearish into the close.
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