Crypto Market Faces Mixed Trends as Bitcoin Holds Above $110K

The global cryptocurrency market showed mixed performance over the last 24 hours, with leading digital assets maintaining resilience while corporate-backed proxies continued to falter.

Bitcoin (BTC) held steady above $110K, resisting selling pressure, while Ethereum (ETH) consolidated near $4K, retaining strength after its recent rally. Altcoins, including Solana (SOL) and BNB, saw healthy recoveries supported by increased trading volumes. XRP also remained firm above $3, buoyed by active market participation.

Despite these positive movements, corporate treasury firms tied to cryptocurrencies are struggling. Some have lost more than 90% of their value in 2025, raising investor concerns about the widening gap between direct crypto holdings and equity-linked proxies. Analysts warn that further downturns could be triggered if these companies are forced to sell their digital assets.

According to market data, Bitcoin slipped only 0.5% to trade at $110,040 with a market cap of $2.2 trillion, while Ethereum declined 1.2% to $4,051. Solana climbed 3.4% to $202.21, BNB rose 2.8% to $959.87, and XRP gained 1.1% to $3.01.

Experts suggest the current market action highlights a key trend: direct crypto exposure remains more reliable than corporate proxies, as companies like MicroStrategy, Metaplanet, and SharpLink Gaming continue to underperform compared to the assets themselves