Ethereum saw overnight gains surpassing 8 percent, while Bitcoin reached a high of $74,469 in the past 24 hours, indicating a broadly positive sentiment in the cryptocurrency market. The decline of the dollar, the drop in crude oil prices, the easing of bond yields, and a rise in global equity markets have all contributed to a more positive market sentiment. The total market capitalization of cryptocurrencies has increased by more than 4 percent in the past 24 hours. Fresh optimism regarding institutional backing has lifted the mood in the cryptocurrency market. According to data. The leading Bitcoin treasury firm led by Michael Saylor has raised its total Bitcoin holdings to 761,070, accounting for 3.62 percent of the overall Bitcoin supply. The average cost of the holdings has dropped to $75,696, down from $75,862 earlier. The CMC Fear and Greed Index surged to 42 in the neutral zone, up from 36 in the fear zone just a day prior and 21 in the fear zone a week ago.
Data shows that short positions have surpassed long positions in the 24-hour liquidation statistics, suggesting a possible short squeeze. In the past day, liquidations in the crypto market soared to an impressive $430 million. This figure encompasses $86 million from long positions and a substantial $344 million from short positions, underscoring the extreme market volatility and the compelled liquidation of leveraged positions due to a lack of funds to manage possible losses. Recently, the total value of the crypto market has increased by 4.1 percent in the past 24 hours, now standing at $2.53 trillion. The trading volume in the last 24 hours experienced a significant increase of more than 108 percent, hitting $119 billion. In the latest market update, only six of the top 100 cryptocurrencies are facing overnight losses greater than one percent, while around 70 are seeing gains of more than one percent. Bitcoin, the leading cryptocurrency, is currently trading 2.8 percent higher at $73,447.21. The current price is about 42 percent lower than the all-time high of 126,198.07, which was achieved on October 7, 2025. The original cryptocurrency has experienced a 6 percent rise over the past week; however, it still faces a 16 percent drop year-to-date in 2026.
Bitcoin Spot ETF products in the U.S. experienced a significant increase in net inflows, reaching $180 million on Friday, compared to $54 million on Thursday. The market leader, iShares Bitcoin Trust, has achieved impressive net inflows of $144 million, while the Fidelity Wise Origin Bitcoin Fund has also seen significant activity with net inflows of $23 million. Bitcoin continues to hold the 13th spot in the global ranking of all assets based on market capitalization data. Ethereum surged 8.4 percent overnight, now trading at $2,267.64. The leading alternative cryptocurrency is presently valued at an impressive 54 percent lower than its peak of $4,953.73, achieved on August 25, 2025. The trading over the past 24 hours varied between $2,305.60 and $2,087.33. On Friday, Ethereum Spot ETF products in the U.S. saw net inflows of $27 million, which is a significant drop from the $116 million in net inflows noted on Thursday. The iShares Ethereum Trust reached a peak of $32 million, while the Fidelity Ethereum Fund experienced outflows totaling $8 million. In a notable development, Ethereum has surged three spots to claim the 61st position in the global ranking of all assets based on market capitalization, as reported.
Currently holding the 4th rank, the asset saw a 2 percent increase overnight, bringing its price to $673.06. BNB is currently trading at a staggering 51 percent below its all-time high of $1,370.55, which was reached on October 13, 2025. 5th ranked XRP surged by 4.3 percent overnight, now trading at $1.47, which is approximately 62 percent lower than its all-time high of $3.84 reached on January 4, 2018. The price of the 7th ranked cryptocurrency surged by 5.9 percent overnight, reaching $92.93. SOL’s current price is about 68 percent below its peak of $294.33, which was achieved on January 19, 2025. Currently holding the 8th position, the asset saw a slight increase of 0.11 percent overnight and is now trading at $0.2980. The current trading price is significantly 32 percent lower than the cryptocurrency’s all-time high of $0.4407, achieved on December 4, 2024. Dogecoin, currently holding the 9th rank, surged by 5.9 percent overnight and is now trading at $0.1009. Currently, the asset is trading at a staggering 86 percent below its peak price of $0.7376, which was reached on May 8, 2021. Cardano, currently in the 10th position, experienced an impressive overnight surge of 7.85 percent. ADA is currently valued at $0.2842, reflecting a significant 91 percent drop from its peak of $3.10 achieved on September 2, 2021.