HFT Plunges 70% on Binance Spot; ALICE, CTSI, BICO, XAI Give Back Gains as COTI, PIVX Rebound

HFT Plunges 70% on Binance Spot; ALICE, CTSI, BICO, XAI Give Back Gains as COTI, PIVX Rebound

N
News Editor
2026-08-08 03:30:17
According to spot trading data from Binance, the cryptocurrency market experienced pronounced volatility on August 8. HFT led the decline with a 70.09% loss over 24 hours. C98 also fell sharply, dropping 19.39%. Four other tokens — ALICE, CTSI, BICO and XAI — displayed a spike-and-retreat pattern, giving up earlier gains to close down 10.49%, 21.59%, 12.86% and 27% respectively. In contrast, COTI and PIVX both found support after early selling, posting 24-hour gains of 6.98% and 9.76%. ChainCatcher, citing Binance spot data, reported the figures. The wide spread between the declining and advancing tokens suggests a fragmented session, where momentum reversed quickly in several names. HFT's steep drop stands out as the most extreme move among the listed coins. The report did not include additional details such as volume, order flow, or the specific causes behind each token's price action.

Binance spot market data shows a volatile session across several crypto tokens on August 8, with steep losses in HFT and a mix of pullbacks and recoveries elsewhere.

HFT tumbled 70.09% over 24 hours, the sharpest drop among the tokens tracked. C98 fell 19.39%. ALICE, CTSI, BICO and XAI all moved higher at some point before reversing lower, ending the period down 10.49%, 21.59%, 12.86% and 27% respectively.

Two tokens went the other way. COTI and PIVX each bounced off intraday lows, rising 6.98% and 9.76% over the same 24-hour window.

ChainCatcher relayed the figures, attributing them to spot trading data from Binance. The report provided no further context on trading volumes or the reasons behind the moves.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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