Altcoins are trading under heavy pressure today as Bitcoin’s sharp decline below key support levels triggers renewed risk aversion across the market.
XRP fluctuates around the $2.2 region after failing to reclaim the $2.5 threshold, while Zcash (ZEC) continues to gain market attention following a week of outsized uptrends driven by the hype surrounding privacy coins.
The broader altcoin market mirrors Bitcoin’s structural weakness, with traders unwilling to take on additional exposure until BTC stabilizes above $ 100,000, a major technical level. Layer-1 tokens, gaming assets, and memecoins remain among the hardest hit, while AI-linked tokens and DePIN projects show relative resilience.
With liquidity tightening and volatility accelerating, analysts caution that altcoins could face deeper retracements if Bitcoin’s price fails to rebound above its key moving averages. This liveblog will track real-time price movements, market reactions, and developing catalysts throughout the day.
XRP, Zcash (ZEC), Ethereum, Aster – How are Altcoins Performing Today?
The post [LIVE] Altcoin Price Watch: XRP, Zcash and Top Trending Tokens Face Pressure Amid Market-Wide Selloff – More Dips Ahead? appeared first on Cryptonews.
