Bitcoin experienced a significant rise, driving the entire cryptocurrency market higher as investors responded favorably to the remarkable quarterly performance of AI leader NVIDIA. The positive earnings eased worries about the broader tech industry and the AI story in particular, resulting in a rise in cryptocurrency values. On Wednesday, a significant surge in inflows to Bitcoin and Ethereum Spot ETF products listed in the U.S. played a role in the increase in cryptocurrency prices. The overall cryptocurrency market capitalization has increased by more than 2 percent in the past 24 hours, with Bitcoin hitting a 24-hour high of $69,953.53. Data indicates that the 24-hour liquidation statistics show short positions surpassing long positions, hinting at a possible short squeeze in progress. In the last day, liquidations in the crypto market hit an astonishing $565 million. This figure includes 127 million from long positions and a significant 438 million from short positions, highlighting the intense volatility in the market as exchanges and lending protocols enforce forced closures of leveraged positions due to insufficient funds to cover potential losses. The total market capitalization of cryptocurrencies has increased by 2.3 percent over the past 24 hours, now standing at $2.34 trillion. Alongside the price surge, the 24-hour trading volume saw a notable rise of 37 percent overnight, hitting $129 billion. Digital currencies associated with AI and Big Data experienced a rise of 1.9 percent. Meme category cryptocurrencies saw a 1.8 percent rise in market capitalization. The cryptocurrencies produced in the USA experienced a significant overnight rise of 2.1 percent in market capitalization. The market capitalization of the cryptocurrencies designated for the U.S. Strategic Crypto Reserve experienced a rise of 2.9 percent overnight.
In the present environment of risk appetite, the market capitalization is at $315 billion, whereas the market share of stablecoins has decreased to 13.42 percent of the overall cryptocurrency market. Bitcoin commands a significant market share of 57.90 percent, whereas Ethereum accounts for 10.62 percent of the overall crypto market. About 55 of the top 100 cryptocurrencies are seeing overnight increases of more than one percent. In a similar vein, nearly 65 percent of the leading 100 cryptocurrencies are seeing weekly gains surpassing one percent. 59th ranked pippin surged with overnight gains of 17.7 percent and impressive weekly gains exceeding 74 percent. The meme category in the cryptocurrency space has hit a record peak just a few hours back. The CMC Fear and Greed Index has increased to 16 from 11 just a day earlier. Both readings, however, suggest a condition of “extreme fear” in the market. Over the past year, the index experienced a range from a peak of 76, reflecting intense greed on May 23, to a trough of 5, denoting severe fear on February 6. Bitcoin, the leading cryptocurrency, is currently trading at $67,831.34, reflecting a 2.1 percent increase. The current price is around 46 percent lower than the peak of $126,198.07, achieved on October 7, 2025. The original cryptocurrency has experienced a 2.9 percent rise over the last week, but it still faces year-to-date losses of around 22.5 percent. Bitcoin Spot ETF products in the U.S. saw a significant increase in net inflows, rising to $507 million on Wednesday, compared to $258 million the day before. The iShares Bitcoin Trust has emerged as a market leader, attracting impressive inflows totaling $297 million. Grayscale Bitcoin Trust experienced inflows amounting to $103 million. Bitcoin continues to hold the 13th spot in the global ranking of all assets by market capitalization, as reported. Ethereum experienced a notable surge of 4.7 percent overnight, climbing to a price of $2,062.29. The prominent alternative cryptocurrency is currently trading at a staggering 58 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 varied between 2,145.51 and 1,963.09.
On Wednesday, Ethereum Spot ETF products in the U.S. experienced a remarkable rise in net inflows, reaching $157 million, a substantial jump from $9 million on Tuesday. The Fidelity Ethereum Fund has seen impressive inflows, reaching a total of $62 million. In a significant change, Ethereum has moved up to the 72nd rank from its earlier position at 81st in the global asset rankings according to companiesmarketcap.com. 4th ranked XRP experienced a 1.2 percent increase overnight, now trading at $1.43, which is approximately 63 percent lower than its all-time high of $3.84 reached on January 4, 2018. 5th ranked BNB experienced a 1.8 percent increase overnight, bringing its price up to $626.04. BNB is currently trading at a significant 54 percent below its all-time high of $1,370.55, which was reached on October 13, 2025. The price of Solana, currently holding the 7th rank, surged by 4 percent overnight, reaching $87.56. SOL is currently trading around 70 percent below its peak of $294.33, which was achieved on January 19, 2025.
On Wednesday, Solana Spot ETF products in the U.S. experienced net inflows rise to $31 million, a notable jump from $4 million on Tuesday. Bitwise Solana Staking has seen impressive inflows, reaching a total of $29 million. Currently positioned 8th overall, the asset saw a slight increase of 0.27 percent overnight and is now trading at $0.2866. The trading price currently sits at 35 percent below the cryptocurrency’s all-time high of $0.4407, recorded on December 4, 2024. Dogecoin, currently holding the 9th rank, saw an overnight increase of 1.4 percent and is trading at $0.0988. Currently, the price is a staggering 87 percent below its peak of $0.7376, which was reached on May 8, 2021. Cardano has reclaimed the 10th position overall following an impressive overnight increase of 4.2 percent. ADA is currently valued at $0.2923, reflecting a notable 91 percent drop from its peak of $3.10 achieved on September 2, 2021.