The total market capitalization of cryptocurrencies has seen a significant increase of more than 4 percent in the last 24 hours. This upward momentum is largely attributed to substantial gains in major cryptocurrencies, which together account for nearly 79 percent of the total market. Ethereum surged impressively, gaining 5.2 percent overnight, while another major cryptocurrency saw a notable rise of 4.5 percent in the past 24 hours. Crypto markets are experiencing a surge in momentum and a short squeeze, alongside a decline in global crude oil prices and net inflows into U.S.-listed Bitcoin and Ethereum Spot ETF products. Markets responded to the recent updates on the Fed’s favored PCE-based inflation figures for January, which matched market expectations, alongside the second revision of fourth quarter GDP data that saw a significant downward adjustment. The increase in market capitalization takes place alongside a robust U.S. Dollar and a varied trend in global bond yields. The CMC Fear and Greed Index remains in the “fear” zone but has increased to 37, up from 28 the previous day and 20 a week prior. Data indicates that in the last 24 hours, short positions have surpassed long positions, hinting at the possibility of a market squeeze. Over the last day, the crypto market experienced a remarkable $371 million in liquidations. This figure encompasses $72 million from long positions and a notable $300 million from short positions, highlighting the market’s volatility as exchanges and lending protocols implement forced closures of leveraged positions due to insufficient funds to mitigate potential losses.
Brent Oil Futures for May settlement is currently trading at $99.87, showing an overnight decrease of 0.59 percent. Meanwhile, Crude Oil for April settlement is trading at $94.54, indicating overnight losses of 1.24 percent. In recent developments, the overall crypto market capitalization has seen a significant rise of 4.4 percent over the past 24 hours, currently at $2.5 trillion. The trading volume over the past 24 hours surged by over 25 percent, reaching $120 billion. In the latest market update, just four of the top 100 cryptocurrencies are experiencing overnight losses greater than one percent, while approximately 75 are enjoying overnight gains that surpass one percent. In a notable market movement, cryptocurrencies linked to AI and Big Data experienced a significant surge of 6.7 percent, with a certain asset currently ranked 32nd making headlines by soaring 18.7 percent overnight. Meme category cryptos experienced a notable 6.6 percent rise in market capitalization, driven by an impressive overnight surge of 52 percent in the 57th ranked OFFICIAL TRUMP. The market capitalization of the cryptocurrencies allocated for the U.S. Strategic Crypto Reserve saw a significant rise of 5.1 percent overnight. The cryptocurrencies produced in America saw a significant increase overnight, with market capitalization climbing by over 4 percent. Bitcoin, the top cryptocurrency, is presently seeing a 4.5 percent rise, with its trading price at $73,329.09. The current price is approximately 42 percent lower than the peak of $126,198.07, which was achieved on October 7, 2025. The original cryptocurrency has experienced a 6.2 percent increase over the past week; however, it still faces a 16 percent decline for the year in 2026. The trading activity in the last 24 hours experienced variations between $73,478.37 and $69,402.16.
On Thursday, Bitcoin Spot ETF products in the U.S. saw a significant drop in net inflows, decreasing to $53 million. This indicates a significant decline from $115 million on Wednesday and $247 million on Tuesday. The market leader, iShares Bitcoin Trust, experienced notable net inflows of $46 million, while Fidelity Wise Origin Bitcoin Fund trailed with net inflows of $15 million. Bitcoin remains steady at the 13th position in the global asset ranking according to market capitalization data. Ethereum experienced a notable increase of 5.2 percent overnight, currently priced at $2,185.11. The leading alternative cryptocurrency is currently valued at 56 percent below its all-time peak of 4,953.73, reached on August 25, 2025. The trading activity in the last 24 hours experienced fluctuations between 2,196.80 and 2,039.39. Ethereum is experiencing a notable increase, coinciding with the launch of BlackRock’s Ethereum ETF, which features staking on Nasdaq. This innovative product offers investors access to ETH while also delivering rewards, all within one package. On Thursday, Ethereum Spot ETF products in the U.S. saw a significant rise in net inflows, climbing to $72 million, up from $57 million on Wednesday and $13 million on Tuesday. The Fidelity Ethereum Fund took the lead with impressive inflows of $52 million, while the iShares Ethereum Trust ETF recorded inflows of $19 million. The rally has propelled Ethereum seven positions up, now occupying the 64th position in the global asset rankings by market capitalization, according to data.
Currently in the 4th position, BNB experienced a significant rise of 3.2 percent overnight, elevating its price to $674.93. Currently, BNB is positioned at a notable 51 percent below its peak value of $1,370.55, reached on October 13, 2025. 5th ranked XRP experienced a notable increase of 4.3 percent overnight, currently trading at $1.44. This price shows a notable decline of around 62 percent from its peak of $3.84, reached on January 4, 2018. The 7th ranked Solana experienced a significant surge of 5.8 percent overnight, climbing to a price of $92.12. SOL is currently valued at approximately 69 percent less than its peak of $294.33, reached on January 19, 2025. Currently ranked 8th overall, the cryptocurrency experienced a modest uptick of 0.29 percent overnight and is now trading at $0.2897. The current trading price is 34 percent lower than the cryptocurrency’s all-time high of 0.4407, reached on December 4, 2024. Dogecoin, now positioned at the 9th rank, experienced a notable increase of 5.1 percent overnight, bringing its current trading price to $0.1001. Currently, the price is an astonishing 86 percent below its all-time high of $0.7376, a milestone achieved on May 8, 2021. Cardano has made a notable comeback, now ranking 10th overall, following a remarkable overnight rise of 6.35 percent. ADA is currently priced at $0.2791, reflecting a significant decline of approximately 91 percent from its highest point of $3.10 reached on September 2, 2021.