A day in the red: 9 of the 10 largest cryptocurrencies fall and the top 10 drop by an average of 3,95%.
Market data as of 20:55 (peninsular time) on 12/10. Prices change continuously.
The key points of the day
- Bitcoin and Ethereum: BTC 73.781 € (-1,07%), ETH €2.249 (-0,42%).
- What moved the most: starknet -17,28%, Sui -4,58%.
- The reason for the day: The strong dollar and rising Treasury rates kept Bitcoin and the broader risk asset spectrum under pressure during the session. View source
What has moved the market
General weakness across several large-cap stocks during the week, with Solana, XRP and Ethereum falling more than Bitcoin (247wallst.com/2026/10/12/solana-beat-bitcoin-ethereum-and-xrp-over-the-month-and-lost-to-all-three-this-week-one-of-those-streaks-is-about-to-end/).
STRK showed very high volatility and conflicting headlines about recent strong gains and intraday drops, with mention of selling pressure and high volume (ground.news/article/starknets-strk-token-gains-1037-in-one-hour-to-007991_430518; pluang.com/en/news-feed/penurunan-token-strk-starknet-10-persen-dalam-satu-jam-saat-volatilitas).
Starknet (STRK) falls 17,28%
Starknet goes from €0,10 to €0,09 in 24 hours.
- CoinMarketCap explicitly attributed the 13% drop to the reversal of a speculative rally and the anticipated pressure from a token unlock scheduled for October 15. The unlock affects approximately 3,37% of the circulating supply, valued at around $13,2 million.
- STRK experienced a sharp intraday drop in a context of high volatility; a news report from October 11 describes a drop of over 10% in one hour and mentions short-term pressure and very high volume, although it does not explicitly link that drop to the -17.28% 24h decline.
- Another report from October 12 indicates that STRK had also risen sharply in previous days, suggesting a particularly volatile asset with abrupt changes in direction.
Sources: CoinMarketCap · Archive · Pluang
Cardano (ADA) falls 4,12%
Cardano goes from €0,23 to €0,22 in 24 hours.
Possible factor, unconfirmed:
- A market report indicated that ADA fell as the daily MACD turned negative and technical momentum weakened. The source describes the technical context.
Sources: Crypto
XRP falls 3,12%
XRP drops from €1,26 to €1,22 in 24 hours.
Possible factor, unconfirmed:
- An article reported that the XRP Ledger had to apply an emergency patch to fix a bug that could allow XRP to be created above the fixed supply limit. The connection to the XRP outage is inferred and not confirmed by the source.
Sources: Cointelegraph
Left (LEFT) falls 3,08%
Solana goes from €99,47 to €96,41 in 24 hours.
- CoinMarketCap reported that Solana spot ETFs saw net outflows of $24,8 million in October so far, ending a 14-week streak of inflows, and that leveraged liquidations of SOL positions reached $8,2 million.
- A note from October 12 indicated that Solana fell 8.2% for the week, worse than Bitcoin, Ethereum and XRP, which fits with the bearish pressure observed in 24 hours; the piece does not attribute a single and explicit cause to the intraday movement.
Sources: CoinMarketCap · 247wallst
Bitcoin (BTC) falls 1,07%
Bitcoin drops from €74.581 to €73.781 in 24 hours.
- A market bulletin linked Bitcoin's intraday drop below $83.000 to the strength of the dollar and rising Treasury rates, in anticipation of US inflation data.
Sources: Buttondown
The rest of the top
Sui (-4,58%), Near Protocol (-4,27%), Hyperliquid (-3,06%), and Ethereum (-0,42%) all fell without any specific news on the horizon, in line with the overall market correction. Wormhole (+1,46%) rose without an identified catalyst, bucking the trend.
Top 10 Prices
| Criptomoneda | Price | 24 h | Operate |
|---|---|---|---|
| Bitcoin BTC | 73.781 € | -1,07% | Operate |
| Ethereum ETH | 2.249 € | -0,42% | Operate |
| XRP | 1,22 € | -3,12% | Operate |
| Solana SOL | 96,41 € | -3,08% | Operate |
| Near-Protocol NEAR | 4,86 € | -4,27% | Operate |
| Cardano ADA | 0,22 € | -4,12% | Operate |
| Wormhole W | 0,02 € | + 1,46 % | Operate |
| starknet STREET | 0,09 € | -17,28% | Operate |
| Sui | 0,95 € | -4,58% | Operate |
| Hyperliquid HYPE | 74,71 € | -3,06% | Operate |
Today's news
Tokenized markets: IMF warns of financial risks
The IMF warns that tokenized markets reached $65.000 billion in July but exhibit high volatility and a lack of structural liquidity.
Crypto turns to Anthropic's AI for audits
Projects like Nethermind and ZEUS are requesting Anthropic's AI scanner to protect open source code against advanced cyberattacks on Web3.
UK sanctions three crypto exchanges linked to Russia
The UK sanctions three exchanges and payment firms for allegedly providing financial support to Russia through the A7 network and its stablecoin A7A5.
Ledger alerts of theft after purchases from reseller
Ledger warns against configuring devices purchased through CryptoBilis after registering estimated losses of more than $86 million.
HSBC and Ant Digital test micropayments with AI agents
HSBC and Ant Digital complete a technical test of autonomous micropayments with AI agents and tokenized bank deposits on blockchain.
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