Cryptocurrencies are facing notable downturns, with the leading asset dropping below the $73k threshold and the total market capitalization reaching a low of $2.48 trillion. Market sentiment remains weak as participants navigate what appears to be a coordinated sell-off led by significant holders and exchanges. Anxiety surrounds the upcoming jobs data on Friday, alongside outflows from Bitcoin spot ETF products listed in the U.S., which are contributing to the decline in the digital assets market. A close decision by the U.S. House to resolve the partial government shutdown has, nonetheless, reduced crypto losses. Data indicates that in the last 24 hours, liquidations in the crypto market have reached a total of $682 million. This figure includes 509 million in long positions and 173 million in short positions. Liquidations happen when an exchange or lending protocol forcibly closes a trader’s leveraged position because there are not enough funds (margin or collateral) to cover possible losses. The prevailing risk-averse mood and pervasive anxiety in the cryptocurrency market is clearly reflected in the CMC Fear and Greed Index. The index has fallen further into the “Extreme fear” zone, dropping to 14 from 17 just a day earlier. The index reached a yearly low of 10, signaling extreme fear, on November 22, 2025. The overall cryptocurrency market capitalization is at $2.57 trillion, showing a decrease of 2.1 percent in the past 24 hours. The trading volume over the past 24 hours has increased by 25 percent overnight. In the latest market update, more than 35 of the leading cryptocurrencies have faced overnight declines surpassing one percent.
In the midst of the considerable fluctuations seen in markets worldwide and across different asset categories, the divide between digital assets and precious metals remains evident. Year-to-date, gold has surged over 15 percent, while silver has skyrocketed past 25 percent. In contrast, Bitcoin has seen a decrease of 13 percent, while Ethereum has encountered a decline of 24 percent thus far in 2026. The notable withdrawals from Bitcoin Spot ETF products have raised questions about the level of support from corporate or institutional assets. The leading cryptocurrency has experienced a drop of 2.8 percent in the past 24 hours, currently valued at $76,009.02. The current price is roughly 40 percent lower than the peak of $126,198.07, achieved on October 7, 2025. The original cryptocurrency has seen a drop of 15.4 percent in the last week and is currently down 13.2 percent for the year. The trading activity over the past 24 hours varied between $78,376.51 and $72,897.14. Despite the decline, Bitcoin remains in the 13th position in the global ranking of all assets based on market capitalization, as reported. Bitcoin On Tuesday, spot ETF products in the U.S. saw net outflows of $272 million, in contrast to the net inflows of $562 million noted on Monday. The Fidelity Wise Origin Bitcoin Fund experienced significant outflows, totaling $149 million. Bitcoin is currently valued at under $76,052, aligning with the average purchase price of Bitcoin assets for Virginia-based Strategy Inc. With holdings totaling 713,504, representing 3.398% of the overall supply, the firm spearheaded by advocate Michael Saylor stands as the largest treasury company. Ethereum saw a decline of 1.2 percent overnight, now priced at $2,252.16. The prominent alternate coin is currently trading at a staggering 55 percent below its all-time high of 4,953.73, which was reached on August 25, 2025. The trading over the past 24 hours varied between 2,334.78 and 2,109.06.
In the latest update, Ethereum has fallen two places, now positioned at the 68th rank in the global list of all assets by market capitalization, as reported by companiesmarketcap.com. Ethereum Spot ETF products in the U.S. saw net inflows of $14 million, in contrast to the $3 million outflows observed the day before. Fidelity Ethereum Fund experienced outflows totaling $55 million, while iShares Ethereum Trust ETF saw inflows amounting to $43 million. Currently ranked 4th, the asset experienced a decline of 2.5 percent overnight, bringing its price down to $749.73. Currently, the asset is trading at a level that is 45 percent lower than its all-time high of $1,370.55, which was reached on October 13, 2025. Currently sitting at the 5th rank, XRP experienced a decline of 0.82 percent overnight, bringing its trading price to $1.59. This places it roughly 59 percent lower than its peak of $3.84, achieved on January 4, 2018. In a notable development, the 7th ranked Solana experienced a decline of 6.9 percent overnight, settling at $96.01. SOL is currently trading about 67 percent below its peak of $294.33, which was achieved on January 19, 2025. Currently ranked 8th overall, TRON experienced a 1.3 percent increase overnight and is trading at $0.2867. The current trading price is 35 percent below the cryptocurrency’s peak of $0.4407, achieved on December 4, 2024.
Currently sitting at the 9th rank, there was a 0.4 percent increase overnight, bringing the trading price to $0.1071. Currently, the asset is trading at a staggering 85 percent below its previous peak of $0.7376, which was reached on May 8, 2021. Cardano has fallen to the 10th position overall after a minor overnight decrease of 0.10 percent. ADA currently holds a value of $0.2969. ADA is currently valued at an astonishing 90 percent lower than its peak of $3.10, achieved on September 2, 2021. World Liberty Financial, currently ranked 27th, led the overnight gains among the top 100 cryptocurrencies, achieving a notable increase of 6.4 percent. Chiliz, currently sitting at the 87th rank, experienced overnight gains exceeding 4 percent. In a notable turn of events, the 95th ranked Lighter managed to recover from overnight losses, standing out among the top 100 cryptocurrencies despite a decline of 8.4 percent. 12th ranked Hyperliquid experienced a decline of 8.3 percent.