Despite Market Prominence, These 3 Altcoins Hit New All-Time Lows

The crypto market's sharp decline in the past 24 hours has triggered widespread losses, with Bitcoin's crash impacting altcoins significantly.

The cryptocurrency market has experienced substantial declines in the past 24 hours, leading to widespread losses among altcoins following Bitcoin’s crash. Some tokens have faced particularly steep corrections, hitting new all-time lows amid the sell-off.

BeInCrypto has identified three major tokens that reached a new all-time low despite their prominence in the market.

Arbitrum (ARB)

Arbitrum’s price saw a significant 40% decline over the past 24 hours, dropping to a new all-time low of $0.345. This sharp fall comes amid increased market uncertainty, raising concerns about the altcoin’s short-term stability.

The decline followed Arbitrum’s failure to maintain support at $0.473, which has left the token vulnerable. If the altcoin falls further below $0.345, it could form new lows, exacerbating investor losses and creating a bearish outlook. The market sentiment remains fragile amidst the recent drop.

Despite the significant loss, Arbitrum has managed to recover slightly, currently trading at $0.416. This recovery offers a potential opportunity for the altcoin to reclaim the $0.473 support level. If successful, the token could see a rebound, invalidating the current bearish outlook.

Blur (BLUR)

BLUR experienced a 26% drop over the past day, trading at $0.124. The $0.103 level marked a new all-time low for the altcoin. This steep decline has raised concerns among investors, signaling potential further downside if the current trend persists.

This all-time low marks the first since August 2024, highlighting the altcoin’s vulnerability. If BLUR continues its current trajectory, it could fall below the $0.100 threshold, further eroding investor confidence. Cont