Bitcoin leads the decline as major altcoins, including Ethereum and Solana, fall between 5% and 10%

The digital asset market faced a broad selloff on Monday, with Bitcoin (BTC) setting a negative tone that rippled across the industry. The downward pressure erased recent gains for many assets and signaled a notable shift in investor sentiment to start the week.

The impact was particularly felt among leading altcoins. Major cryptocurrencies such as Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and Cardano (ADA) all experienced significant declines, with losses registering between 5% and 10%. This synchronized drop underscores the market’s sensitivity to Bitcoin’s trajectory, as corrections in the top asset frequently trigger wider market retreats.

Investors are now closely monitoring key technical levels for signs of stabilization or further declines. The selloff serves as a reminder of the inherent volatility within the crypto space, as traders reassess their positions in response to the market-wide correction.