Crypto Market Sees Healthy Pullback After Strong Gains
After an extensive rally over the past week, crypto prices have entered a short-term correction phase. Over the last 24 hours, the broader crypto market declined by roughly 3%, as traders locked in profits following rapid upside moves across major assets.
This pullback comes after strong weekly performances in both Bitcoin and altcoins, suggesting a cooling-off phase rather than a trend reversal.
Bitcoin Price Drops Back Toward $90,700
$Bitcoin price retreated toward $90,700, giving back part of its recent gains. The move follows a fast run-up that pushed BTC into overextended territory, triggering profit-taking across spot and derivatives markets.
Bitcoin price in USD – TradingView
Despite the short-term decline, Bitcoin remains structurally strong on a weekly basis, and the pullback is currently viewed as technical consolidation rather than bearish continuation.
Top 5 Crypto Losers in the Past 24 Hours
According to the latest market data, the following cryptocurrencies recorded the steepest losses over the past 24 hours:
1. Story ($IP)
- Price: $1.87
- 24h Change: -11.89%
Despite remaining positive on the weekly and YTD timeframe, $IP saw heavy short-term selling pressure.
2. Pump.fun ($PUMP)
- Price: $0.002277
- 24h Change: -8.07%
The token pulled back after strong speculative momentum earlier in the week.
3. Virtuals Protocol ($VIRTUAL)
- Price: $1.03
- 24h Change: -7.70%
Still up nearly 60% over the past 7 days, the drop appears driven by profit-taking.
4. Zcash ($ZEC)
- Price: $458.60
- 24h Change: -7.21%
Privacy-focused coins underperformed as market sentiment cooled.
5. Dash ($DASH)
- Price: $40.50
- 24h Change: -6.90%
DASH continued to lag the broader market after failing to hold recent highs.
Crypto Prediction: Correction or Trend Shift?
At this stage, the current move looks like a healthy correction following strong gains rather than a broader market breakdown. As long as Bitcoin holds key support near the $90K zone, the overall bullish structure remains intact.
Short-term volatility is expected as traders reassess positioning after the rally, with attention now shifting to whether buyers step back in at lower levels.
Source: https://cryptoticker.io/en/crypto-crash-top-5-altcoin-losers-as-bitcoin-slips-to-dollar-90000/