Which majors drove the selloff today?

TLDR

Bitcoin (BTC) and Ethereum (ETH) drove the selloff, with ETH dropping more while BTC set direction via concentrated long liquidations in majors reported by market coverage.

1. Bitcoin (BTC): 24h change -2.92%, 24h volume 47.56 B on the CoinsKid page.
2. Ethereum (ETH): 24h change -6.29%, 24h volume 29.06 B on the CoinsKid page.
3. Solana (SOL) fell too, with XRP and BNB also weaker per a market update.

Deep Dive

1. BTC Led Via Liquidations

Bitcoin was the direction setter as long liquidations clustered in BTC during the drop, a common pattern when support breaks and leverage unwinds. Coverage highlighted dollar totals concentrated in BTC and ETH during the wave of forced selling, with thin liquidity amplifying moves in majors market note. Broader context showed BTC and other top assets sliding together as traders rotated into safer assets during U.S. hours market update.

2. ETH Dropped More Than BTC

ETHs decline outpaced BTCs today, consistent with reports of heavier percentage losses in ETH during risk-off sessions and tight liquidity conditions market update. By the numbers, ETHs 24h change is -6.29% with 24h volume 29.06 B on the CoinsKid page.

3. Other Majors Contributed

Solana (SOL) was negative alongside XRP and BNB in headlines covering the move, reinforcing that the drop was broad across large caps, not isolated to one coin market update. SOLs 24h change is -3.19% with 24h volume 5.25 B on the CoinsKid page. Additional macro coverage pointed to risk-off signals and year-end thin liquidity as key accelerants for moves in majors analysis.

Conclusion

Todays selloff was led by BTC and ETH, with BTCs support break catalyzing liquidations and ETH showing greater percentage downside, while SOL, XRP, and BNB followed. The pattern fits a broad risk-off day where thin liquidity and leverage unwind amplified moves, so the next key check is whether BTC reclaims support to slow the cascade across majors.