Bitcoin Below $65K, ETH Down 2%: The Data on the Selloff

Bitcoin Below $65K, ETH Down 2%: The Data on the Selloff — Markets · CryptoNewsAlert feature card

What the numbers show right now

Crypto’s two largest assets both moved lower during the latest macro-driven stretch, but not by the same amount. According to our CoinMarketCap data, Bitcoin trades at roughly $64,644 and is down 0.95% over the past 24 hours. Ethereum sits near $1,891, down 2.03% over the same window.

That gap matters. ETH’s one-day decline is more than twice the size of BTC’s, a pattern that is common when risk sentiment tightens — the second-largest asset by market value tends to react more sharply than Bitcoin to broad pressure. Both remain layer-1 networks, so their simultaneous moves offer a clean read on how the largest majors absorbed the same shock.

Sizing Bitcoin’s move

Using our CoinMarketCap data, Bitcoin’s market capitalization stands at about $1.297 trillion. A 0.95% 24-hour decline on that base implies roughly $12 billion shaved off the asset’s total value over the day, holding the market cap’s percentage move in line with price.

Bitcoin’s 24-hour trading volume is about $29.43 billion. Measured against its market cap, that is a turnover of roughly 2.3% of outstanding value changing hands in a single day — an active but not extreme level of participation for a down session.

Crucially, the near-1% daily dip has not erased Bitcoin’s recent gains. Over the trailing seven days, BTC is still up 2.87%, per our CoinMarketCap data. The 30-day figure is negative at -2.05%, which frames the current move as a pullback inside a range rather than a break from a longer uptrend.

Ethereum’s steeper reaction

Ethereum’s 2.03% 24-hour drop is the more notable of the two majors. Its market cap is about $228.22 billion on our CoinMarketCap data, and a 2.03% decline corresponds to roughly $4.7 billion in value lost over the day at that percentage.

Where Ethereum stands apart is its longer-term momentum. Over seven days, ETH is up 8.66%, and over 30 days it is up 5.36% — both stronger than Bitcoin’s comparable readings of 2.87% and -2.05%. In other words, Ethereum gave back more on the day but had also climbed further into the move, leaving it net positive across both the weekly and monthly frames.

ETH’s 24-hour volume is about $11.71 billion. Against its market cap, that is a turnover near 5.1% — more than double Bitcoin’s proportional turnover of about 2.3%. The heavier relative activity is consistent with Ethereum’s larger daily price swing.

How broadly the majors reacted

Combining the two assets, our CoinMarketCap data shows a combined 24-hour volume of roughly $41.1 billion across Bitcoin and Ethereum. Bitcoin accounts for about 72% of that flow and Ethereum about 28%, underscoring how concentrated liquidity remains in the largest asset even on a broad down day.

The divergence in daily percentage moves — 0.95% for BTC versus 2.03% for ETH — is the clearest single data point on how the shock was distributed. Ethereum bore roughly twice the daily percentage decline while showing more than twice the proportional trading turnover. That combination points to a market where the second-ranked asset absorbed a larger share of the selling pressure per unit of value.

What the multi-timeframe picture tells us

Stepping back, the snapshot describes a coordinated but uneven pullback. Both majors are down on the day, but the 7-day columns stay green for each: BTC +2.87% and ETH +8.66%. The 30-day readings diverge, with Bitcoin slightly negative at -2.05% and Ethereum positive at 5.36%.

That contrast is the substance of the current move: a single-session decline layered on top of differing medium-term trajectories. For Bitcoin, the day trims a modest weekly gain and leaves the monthly figure fractionally negative. For Ethereum, a larger daily drop still leaves both weekly and monthly performance clearly positive.

Readers can track both assets on their pages for Bitcoin and Ethereum, and follow the broader layer-1 category for how peer networks move alongside them. All figures above are drawn from our CoinMarketCap data as of the latest snapshot and will shift as prices update.

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Sources

Reporting is drawn from the primary sources listed above and CryptoNewsAlert's own licensed CoinMarketCap price data. See our editorial & data policy for how articles are produced and reviewed.

Nothing on this page is financial or investment advice. Cryptocurrency prices are volatile; do your own research.