Cryptocurrencies experienced a significant surge in the past 24 hours, driven by optimism surrounding a potential massive liquidity infusion through tariff dividends, which has positively influenced sentiment in the concrete advancements in resolving the U.S. government shutdown further bolstered market sentiment. In the last 24 hours, the overall cryptocurrency market capitalization saw a notable increase of 4.2 percent, driven by market speculation surrounding the tariff dividend. However, indications of tariff dividends manifesting as tax cuts constrained the potential gains. In the last 24 hours, 78 of the top 100 cryptocurrencies have seen a rally exceeding 1 percent, while 17 are experiencing overnight losses greater than 1 percent. The 24-hour trading volume has surged by 33 percent.
The positive sentiment reflected in the Fear and Greed Index—a proprietary tool to measure the prevailing sentiment in the cryptocurrency market—has jumped from 24 to 29 in just one day. In a notable market shift, the 6-currency Dollar Index, which gauges the dollar’s strength against a selection of six currencies, saw a slight decline of 0.03 percent overnight, settling at 99.57. Meanwhile, gold experienced a significant uptick, soaring over 2 percent. Gold Futures set for December delivery are presently priced at $4,102.05 per troy ounce, reflecting overnight increases of 2.3 percent. The yellow metal has surged over 55 percent year-to-date.
Bitcoin has surged 3.6 percent overnight, reaching $106,535.13, which is approximately 16 percent shy of its all-time high of $126,198.07 set on October 7. The original cryptocurrency is currently facing a decline of 1.2 percent over the past week. Year-to-date gains have now surpassed 14 percent. The trading activity over the past 24 hours fluctuated between $106,564.70 and $102,045.43. Ethereum experienced a notable surge of 4.6 percent overnight, now trading at $3,616.86. As of now, the gains for 2025 are recorded at 8.6 percent. Ether is currently trading at a price that is 27 percent lower than its all-time high. The trading activity over the past 24 hours fluctuated between $3,656.15 and $3,441.18.
XRP, currently ranked 4th, surged by 12.4 percent overnight, bringing its trading price to $2.56. 5th ranked BNB saw a 1.6 percent increase overnight, bringing its price up to $1,002.00. The price of 6th ranked Solana surged by 6.1 percent overnight, reaching $169.80. SOL has experienced losses exceeding 10 percent, making it the top-ranking cryptocurrency with year-to-date declines. TRON, now positioned at 8th overall, experienced a 1.7 percent increase overnight and is currently trading at $0.2950. Dogecoin, currently ranked 9th, saw a notable rally of 4.1 percent overnight and is now trading at $0.1832. DOGE has experienced a decline of nearly 42 percent year-to-date in 2025. 10th ranked Cardano surged 5.9 percent overnight, now trading at $0.5980. Starknet, currently holding the 77th rank, experienced a remarkable overnight surge, climbing nearly 35 percent. World Liberty Financial, currently sitting at the 30th rank, experienced a significant surge of 33.7 percent overnight. In the latest market movements, the 71st ranked Dash managed to outperform its peers, experiencing a decline of 9.3 percent, which was the least among the top 100 cryptocurrencies. 22nd ranked Monero and 97th ranked Decred have both seen a decline of over 8 percent.