Crypto Surge Before U.S. PCE & GDP Reports

Cryptocurrencies are holding strong in positive territory as global markets remain on edge, anticipating two crucial economic data releases from the U.S. The update for December on the Fed’s favored PCE-based inflation readings, along with flash estimates for fourth quarter GDP, is set to be revealed on Friday morning. The month-on-month PCE Price Index, along with the core PCE Price Index, is anticipated to rise to 0.3 percent, up from 0.2 percent in the prior month. The U.S. economy is projected to have expanded at an annualized rate of 3 percent in the fourth quarter of 2025, a deceleration from the 4.4 percent growth recorded in the preceding quarter. Outflows from U.S.-listed Bitcoin and Ethereum Spot ETF products, however, limited gains. The overall cryptocurrency market capitalization has seen an increase of approximately one percent over the last 24 hours. The overall cryptocurrency market capitalization stands at $2.31 trillion, reflecting a 0.99 percent increase over the last 24 hours. In the last 24 hours, the market capitalization of stablecoins has seen a slight uptick of 0.09 percent, reaching a total of $314.4 billion, which translates to a market share of 13.6 percent. The 24-hour trading volume has surged by 2.6 percent overnight, reaching a total of $83 billion.

The CMC Fear and Greed Index indicates a reading of 12, signaling extreme fear. It was 11 a day ago and 8 a week ago, indicating a potential easing of bearish pressures. Bitcoin, the leading cryptocurrency, is currently up 1.32 percent, trading at $67,356.74. The present price sits approximately 47 percent beneath the all-time high of $126,198.07, which was reached on October 7, 2025. The original cryptocurrency has seen a 0.35 percent increase over the past week; however, it continues to grapple with year-to-date losses exceeding 23 percent. The trading activity over the past 24 hours fluctuated between $68,269.03 and $65,637.43. Bitcoin Spot ETF products in the U.S. experienced net outflows increasing to $166 million, up from $133 million on Wednesday and $105 million on Tuesday. The majority of the outflows came from the market leader, iShares Bitcoin Trust ETF, which saw a significant $164 million in outflows. Bitcoin remains firmly in the 13th position in the global ranking of all assets according to market capitalization data. Ethereum has experienced a decline of 0.25 percent overnight, now trading at $1,944.45. The top alternative cryptocurrency is currently trading at a staggering 61 percent below its all-time high of $4,953.73, which was reached on August 25, 2025. The trading over the past 24 hours fluctuated between $1,972.27 and $1,906.82.

On Thursday, Ethereum Spot ETF products in the U.S. experienced net outflows totaling $130 million, an increase from the $42 million recorded on Wednesday. Market leader iShares Ethereum Trust ETF experienced significant net outflows, totaling $97 million. In the latest update, Ethereum has climbed to the 79th position in the global ranking of all assets based on market capitalization, according to a source. The 4th ranked XRP experienced a decline of 0.22 percent overnight, now trading at $1.40, which is approximately 63 percent lower than its all-time high of $3.84 reached on January 4, 2018. 5th ranked BNB experienced a 0.76 percent increase overnight, bringing its price to $608.57. BNB is currently trading at a level that is 56 percent lower than its all-time high of $1,370.55, which was reached on October 13, 2025. The price of Solana, currently ranked 7th, surged by 3 percent overnight, reaching $83.63. SOL is currently trading approximately 72 percent lower than its all-time high of $294.33, which was reached on January 19, 2025.

TRON, now sitting at the 8th position overall, saw a 1.7 percent increase overnight and is currently trading at $0.2848. The current trading price sits at a notable 35 percent below the cryptocurrency’s all-time high of $0.4407, which was reached on December 4, 2024. Dogecoin, currently sitting at the 9th rank, saw a rise of 0.83 percent overnight, bringing its trading price to $0.0985. DOGE is currently trading at a staggering 87 percent below its previous peak of $0.7376, which was reached on May 8, 2021. Bitcoin Cash, currently holding the 10th rank, experienced a rally of 1.2 percent and is trading at $553.76. This price reflects a significant 87 percent drop from the cryptocurrency’s all-time high of $4,355.62, which was reached on December 20, 2017.