XRP Outperforms BNB as Altcoin Market Plummets, Bitcoin Loses $3K in Value: A Market Review

Bitcoin's value dipped by $3K, reaching a monthly low of $65,000, following Trump's announcement of continuing strikes against Iran. This volatile situation, coupled with contrasting reports on the Middle East conflict, affected the cryptocurrency market with most altcoins showing a decline. Ethereum, SOL, HYPE, LINK, and AVAX all saw a drop between 3-6% in value. Despite the overall downturn, XRP managed to surpass BNB in terms of market capitalization. On the other hand, STABLE and ALGO showed significant gains, increasing by over 19% within a day. The total crypto market cap fell by $100 billion before making a slight recovery, currently standing at $2.380 trillion.