Cryptocurrencies experienced a rebound following a significant drop that saw Bitcoin dip below the $75 thousand mark. Concerns over a hawkish Fed, the significant decline in metals, and a rebound in the U.S. Dollar all played a role in the downturn of crypto markets. Significant outflows from Bitcoin and Ethereum Spot ETF products listed in the U.S. have impacted market sentiment. Market sentiment is bolstered by reports that Strategy Inc, based in Virginia and spearheaded by Bitcoin advocate Michael Saylor, has acquired 855 Bitcoins valued at $75 million. This acquisition brings its total Bitcoin holdings to 713,504, representing 3.398% of the overall Bitcoin supply. The average cost of the holdings stands at $76,052. Reports indicate that Justin Sun, the founder of Tron, is planning to increase the blockchain’s bitcoin holdings. The overall crypto market capitalization stands at $2.65 trillion, reflecting a 1.5 percent increase overnight. The 24-hour trading volume has surged by 4 percent, reaching a total of $191 billion. Bitcoin has fallen to the 12th rank, while Ethereum has dropped to the 62nd position in the global asset rankings based on market capitalization. Recent data revealed that crypto liquidations reached a staggering $792 million in the last 24 hours. This figure includes $523 million from long positions and $269 million from short positions, highlighting the forced closure of leveraged trades due to insufficient funds to cover potential losses.
The prevailing sentiment in the cryptocurrency market showed signs of weakness, as evidenced by the CMC Fear and Greed Index. The index has plunged deeper into the “Extreme fear” zone, falling to 15 from 18 just a day prior. The index hit a yearly low of 10, indicating extreme fear, on November 22, 2025. Bitcoin, the leading cryptocurrency, has seen a slight increase of 0.08 percent over the last 24 hours, now trading at $78,343.23. The present price sits approximately 38 percent beneath the all-time high of $126,198.07, which was reached on October 7, 2025. The original cryptocurrency has experienced a decline of 10.9 percent over the past week, while facing year-to-date losses of 10.5 percent. The trading over the past 24 hours fluctuated between $78,409.61 and $74,551.33. On Friday, Bitcoin Spot ETF products in the U.S. experienced net outflows totaling $510 million, a notable decrease compared to the $818 million recorded on Thursday. Outflows were primarily linked to the iShares Bitcoin Trust ETF, which experienced a significant $528 million in outflows.
Ethereum experienced a 1.1 percent drop overnight, settling at $2,346.12. The prominent alternative cryptocurrency is currently trading at a staggering 53 percent below its all-time high of $4,953.73, which was reached on August 25, 2025. The trading activity over the past 24 hours fluctuated between $2,377.61 and $2,158.94. On Friday, Ethereum Spot ETF products in the U.S. experienced net outflows totaling $253 million, compared to $156 million on Thursday. The iShares Ethereum Trust ETF experienced significant outflows amounting to $157 million, while the Fidelity Ethereum Fund saw outflows of $96 million. BNB, currently holding the 4th rank, saw a 1.4 percent increase overnight, bringing its price up to $770.48. BNB is currently trading at a level that is 44 percent lower than its all-time high of $1,370.55, which was reached on October 13, 2025. 5th ranked XRP saw an overnight increase of 0.87 percent, now trading at $1.63, which is approximately 57 percent lower than its all-time high of $3.84 reached on January 4, 2018.
The 7th ranked Solana saw a 1.2 percent increase overnight, bringing its price to $104.15. SOL is currently trading approximately 65 percent lower than its all-time high of $294.33, which was reached on January 19, 2025. TRON, now positioned 8th overall, experienced a decline of 0.9 percent overnight and is presently trading at $0.2831. The trading price currently sits at 36 percent below the cryptocurrency’s all-time high of $0.4407, which was recorded on December 4, 2024. Dogecoin, holding the 9th rank, saw an overnight increase of 2.2 percent and is now trading at $0.1079. DOGE is currently trading at a staggering 85 percent below its previous peak of $0.7376, which was recorded on May 8, 2021. Cardano, currently holding the 10th position, saw a 2.5 percent increase overnight, bringing its trading price to $0.3003. ADA is presently trading at a staggering 90 percent below its all-time high of $3.10, which was reached on September 2, 2021.