Crypto

Zcash, BNB and Sui Lead Altcoin Losses in Market Decline

Marcel Fuhrmann
/ 3 min read
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Zcash, BNB and Sui Post Steepest Declines as Broad Crypto Market Moves Lower

Key Takeaways

  • Zcash (ZEC) fell 7.58% to $224.26, marking one of the largest declines among major altcoins.
  • BNB dropped 6.26% to $587.81, while Sui (SUI) declined 6.02% to $0.884758.
  • Bitcoin traded at $66,495.00, down 3.60%, and Ethereum fell 3.85% to $1,936.93.
  • Most large-cap tokens recorded losses, while stablecoins remained close to $1.

Altcoins Record Sharper Losses Than Bitcoin

The crypto market moved lower on February 11, 2026, with several altcoins posting steeper percentage declines than Bitcoin. Zcash (ZEC) recorded a drop of 7.58%, trading at $224.26. Among widely tracked assets, this marked one of the most pronounced daily losses.

BNB, the native token of the BNB Chain ecosystem, fell 6.26% to $587.81. Sui (SUI) declined 6.02% to $0.884758. Other notable altcoins also moved lower, including Avalanche (AVAX), down 3.53% to $8.51, Cardano (ADA), down 4.14% to $0.252636, and Polkadot (DOT), down 3.24% to $1.23.

Privacy-focused Monero (XMR) was one of the few larger assets trading in positive territory, rising 2.59% to $343.73. However, gains among major tokens were limited compared to the number of assets in decline.

Bitcoin and Ethereum Extend Broader Market Slide

Bitcoin traded at $66,495.00, reflecting a 3.60% decrease. Ethereum followed a similar pattern, falling 3.85% to $1,936.93. The declines in the two largest cryptocurrencies by market capitalization set the tone for the broader market session.

Other large-cap assets mirrored this downward movement. XRP dropped 3.96% to $1.36. Solana (SOL) traded at $80.53, down 4.36%. Dogecoin (DOGE) declined 3.98% to $0.089517. Chainlink (LINK) fell 3.88% to $8.21.

The synchronized pullback across leading assets indicates a broad-based market move rather than isolated token-specific volatility. Percentage losses across the top tier of digital assets clustered largely between 3% and 5%, with selected altcoins exceeding that range.

Mid-Cap and Smaller Tokens Show Mixed Volatility

Beyond the largest cryptocurrencies, price movements were mixed but predominantly negative. Tokens such as NEAR Protocol (NEAR) fell 5.12% to $0.945775, while Internet Computer (ICP) declined 3.16% to $2.29. Cosmos (ATOM) traded at $1.88, down 1.25%.

Some assets recorded sharper individual swings. BGB fell 9.76% to $2.29. Sky (SKY) declined 8.37% to $0.063584. TAO dropped 7.23% to $145.23. CRV fell 7.60% to $0.226451. Arweave (AR) posted a 7.61% decrease to $1.73.

At the same time, select tokens registered gains. ZRO rose 18.77% to $2.31, while BERA increased 18.84% to $0.551642. MON climbed 10.35% to $0.018384351. These upward moves stood out against a generally negative market backdrop.

The dispersion of returns across smaller assets highlights that while the overall direction was downward, volatility remained elevated in specific tokens.

Stablecoins Maintain Peg Amid Market Weakness

In contrast to the broader market decline, major stablecoins remained close to their intended $1 valuation. USDC traded at $0.999895, showing no meaningful percentage change. USDTB stood at $1.00 with a 0.18% move. TUSD traded at $0.998458, up 0.08%.

Other dollar-pegged tokens such as USDS at $0.999832 and GUSD at $0.999288 also remained near parity. These limited fluctuations reflect relative price stability compared to the multi-percentage-point swings observed in non-pegged cryptocurrencies.

Gold-backed tokens moved in a different direction. PAXG traded at $5,098.49, up 0.92%, while XAUT rose 0.87% to $5,070.61. Their price movements contrasted with the broader crypto market trend during the session.

Our Assessment

On February 11, 2026, the crypto market recorded widespread declines across large-cap and mid-cap assets. Zcash, BNB and Sui led notable altcoin losses, each falling more than 6%, while Bitcoin and Ethereum declined by roughly 3% to 4%. Most major tokens traded lower, with limited exceptions such as Monero. Stablecoins largely maintained their dollar pegs, and selected tokens posted isolated double-digit gains despite the overall market slide.