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Avalanche Leads Crypto Market Slide as Majors Post Losses

Avalanche Leads Crypto Market Slide as Majors Post Losses

Avalanche Leads Crypto Market Slide as Majors Post Losses

Murugaverl Mahasenan

Murugaverl Mahasenan

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Catenaa, Monday, October 06, 2025- Major cryptocurrencies slipped in US morning trading last Tuesday, with Avalanche leading the losses as broad declines hit digital assets and related equities.

Avalanche dropped nearly 5 percent to trade at $29.19, marking the steepest fall among the top tokens.

Dogecoin slid 3.66 percent to 23 cents, while Solana shed 3.18 percent to $207.69. Sui also lost 3.18 percent, trading at $3.21.

XRP fell 2.11 percent to $2.84, and Cardano slipped 2.75 percent to 79 cents.

The two largest cryptocurrencies saw smaller declines, with Ethereum down 1.66 percent at $4,155.96 and Bitcoin easing 0.77 percent to $113,436.90. Tron posted a 0.73 percent decline at 33 cents.

Crypto-linked stocks showed mixed performance. Coinbase Global rose 0.67 percent to $336.22, while Strategy Inc.

fell 1.09 percent to $322.85. Riot Platforms dropped 1.16 percent to $19.55, and MARA Holdings slipped 1.31 percent to $18.42. Block Inc. lost nearly 2 percent at $73.93, and Tesla declined 1.07 percent to $438.48.

PayPal slid 1.12 percent to $68.90, and Ebang International Holdings fell 2.37 percent to $4.57. In contrast, chipmaker NVIDIA climbed 1.03 percent to $183.73, while Advanced Micro Devices dipped 0.43 percent to $160.66.

Among funds, the Amplify Transformational Data Sharing ETF edged 0.28 percent higher to $67.18, while the Bitwise Crypto Innovators ETF was little changed at $25.13.