TRON

Gold Park

GoPlus Security

Ethereum

<h3 id="what-to-know">What to Know</h3><ul><li>Bitcoin (BTC) declined 1.3% to $62,994.07, while Ethereum (ETH) and XRP (XRP) also recorded losses amid broader market weakness.</li><li>Akedo (AKE) surged 93.1% to $0.007793, leading gainers as smaller cryptocurrencies strongly outperformed major assets struggling under selling pressure.</li><li>Solana (SOL), BNB (BNB), Dogecoin (DOGE), TRON (TRX), and Hyperliquid (HYPE) declined, showing selling pressure extended beyond market leaders.</li></ul>&nbsp; Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) traded lower as selling pressure spread across several major cryptocurrencies during the measured period. <a href="https://www.coingecko.com/" rel="noopener noreferrer nofollow">Bitcoin (BTC) declined 1.3% to $62,994.07</a>, pushing the largest cryptocurrency below the important $63,000 price level. Trading activity remained substantial, with BTC recording $18.81 billion in volume and maintaining a $1.26 trillion market capitalization. <a href="https://36crypto.com/ethereum-eyes-3000-as-analyst-spots-repeat-rally-from-1580-support/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> also struggled for direction, falling 1.1% to $1,873.54, and recording approximately $5.62 billion in trading volume. Its market capitalization reached $226.13 billion, keeping Ethereum firmly positioned as the second-largest cryptocurrency by overall market value. Meanwhile, XRP (XRP) declined 0.6% to exactly $1.00, placing the asset around an important psychological price level. XRP recorded $745.21 million in trading volume, while its total market capitalization remained around $62.91 billion. Selling pressure extended beyond those three assets, with BNB (BNB) dropping 0.7% to $608.24 during the same period. Additionally, <a href="https://36crypto.com/morgan-stanley-launches-lowest-fee-ethereum-and-solana-etfs-with-staking-strategy/" rel="noopener noreferrer nofollow">Solana (SOL)</a> declined 1.2% to $75.50, while its trading volume reached approximately $1.11 billion. TRON (TRX) dropped 1.3% to $0.3341, matching Bitcoin’s percentage decline as weakness spread across other large-cap cryptocurrencies. <a href="https://36crypto.com/hyperliquid-hype-surges-79-as-revenue-growth-and-etf-demand-strengthen-q2-performance/" rel="noopener noreferrer nofollow">Hyperliquid (HYPE)</a> slipped 1% to $56.43, while Dogecoin (DOGE) fell 1.3% and traded around $0.06963. Also Read: <a href="https://36crypto.com/xrp-activity-jumps-35-as-price-hits-lowest-close-since-november-2024/" rel="noopener noreferrer nofollow">XRP Activity Jumps 35% as Price Hits Lowest Close Since November 2024</a> <h2 id="akedo-explodes-93-as-smaller-tokens-defy-broader-market-decline">Akedo Explodes 93% as Smaller Tokens Defy Broader Market Decline</h2>Despite widespread losses among <a href="https://36crypto.com/crypto-market-holds-steady-as-hyperliquid-jumps-5-and-xrp-slips-below-pressure/" rel="noopener noreferrer nofollow">major cryptocurrencies</a>, Akedo (AKE) recorded a contrasting performance by surging 93.1% to $0.007793. Significantly, AKE generated approximately $106.77 million in trading volume, placing considerable activity behind its move during the period. Gold Park (GPT) followed with a 62.9% increase to $0.00783, although its trading volume reached only $124,753. Velvet (VELVET) gained 38.7% to $0.9929, supported by approximately $49.23 million in reported trading activity. Moreover, OpenEden (EDEN) advanced 34.7% to $0.06374, while its trading volume reached an impressive $75.97 million. DoubleZero (2Z) climbed 19.5% to $0.05727, accompanied by approximately $21.11 million in trading volume. GoPlus Security (GPS) rose 17% to $0.01114, while Wibx (WBX) gained 16.2% and reached $0.001951. SanDisk bStocks Tokenized Stock (SNDKB) gained 15.6% to $1,557.24, supported by roughly $109.76 million in volume. Overall, weakness dominated major cryptocurrencies, while Akedo (AKE) separated from broader market conditions with its standout 93.1% advance. Also Read: <a href="https://36crypto.com/south-korea-jails-delio-ceo-for-15-years-over-49-million-crypto-fraud-case/" rel="noopener noreferrer nofollow">South Korea Jails Delio CEO for 15 Years Over $49 Million Crypto Fraud Case</a> The post <a href="https://36crypto.com/crypto-bloodbath-hits-bitcoin-ethereum-and-xrp-as-akedo-explodes-93/" rel="noopener noreferrer nofollow">Crypto Bloodbath Hits Bitcoin, Ethereum and XRP as Akedo Explodes 93%</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Crypto Bloodbath Hits Bitcoin, Ethereum and XRP as Akedo Explodes 93%

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