Sharp Selloff as Volume Spikes

The last 24 hours were a wake-up call. Major coins slid in unison, and the move came with heavy participation. Bitcoin fell about -2.5%, Ethereum -6.4%, Solana -6.8%, XRP -6.3%, while Dogecoin dropped -10.7%. What made it sting was the surge in activity: ETH volume jumped roughly +188%, SOL +131%, XRP +152%, DOGE +191%. That pairing of lower prices and bigger volume is exactly what you expect when more traders try to use the same exit at the same time. According to investingLive.com (formerly ForexLive.com), there was no single catalyst and the selling gathered pace into the European open.

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