On Thursday morning, cryptocurrencies are lingering just above the neutral point as the markets react to different factors shaping the digital assets environment. Notable outflows from Bitcoin Spot ETF products listed in the U.S., the impending leadership transition at the Federal Reserve from Jerome Powell to Kevin Warsh, the forthcoming Senate vote on the U.S. Clarity Act, and inflation figures in the U.S. that surpassed expectations have all impacted sentiment in the cryptocurrency market. The overall cryptocurrency market capitalization has experienced a modest increase of just over a quarter percent in the past 24 hours. Following the release of disappointing inflation data from the U.S., Bitcoin Spot ETF products saw notable outflows. Net outflows jumped to $630 million on Wednesday, a notable rise from $233 million on Tuesday. The iShares Bitcoin Trust experienced significant net outflows amounting to $285 million, while the ARK 21Shares Bitcoin ETF also faced notable net outflows of $177 million. Fidelity Wise Origin Bitcoin Fund has experienced net outflows totaling $133 million.
The market sentiment was clearly reflected in CoinMarketCap’s Fear and Greed Index. The index has moved slightly upward within the “neutral” zone to 48, an increase from 47 the day before and consistent with the level from a week ago. Data indicates that in the past 24 hours, liquidations in the crypto market—characterized as the involuntary termination of a trader’s leveraged position by an exchange or lending protocol due to inadequate funds (margin or collateral) to mitigate potential losses—amounted to $266 million. The current market scenario includes long positions totaling 202 million alongside short positions amounting to 64 million. The considerable volume of long position liquidations can be attributed to the adverse sentiment stemming from increasing inflation figures and waning expectations for a swift easing by the Federal Reserve. The overall crypto market capitalization has experienced a rise of more than a quarter percent in the past 24 hours, now standing at $2.67 trillion. Alongside gold, which boasts a market capitalization of $32.6 trillion, and silver at $4.8 trillion, five corporations each hold a market capitalization that exceeds the total value of the cryptocurrency market at $2.67 trillion. NVIDIA has a market capitalization of $5.7 trillion, with Alphabet not far behind at $4.8 trillion. Apple is valued at $4.4 trillion, whereas Microsoft has a valuation of $3.0 trillion.
Rounding out the list is Amazon with a market cap of $2.9 trillion. The trading volume over the past 24 hours has decreased by 1.8 percent, currently at $89 billion. About 21 of the top 100 cryptocurrencies have seen overnight gains of more than one percent, while 23 are facing overnight losses greater than one percent. Bitcoin is currently trading 0.33 percent higher at $80,080.76. The current price is roughly 37 percent below the peak of $126,198.07, achieved on October 7, 2025. The original cryptocurrency has seen a decrease of 0.46 percent in the last week and a significant fall of 8.49 percent since the beginning of the year. Bitcoin holds its rank as the 12th largest asset worldwide by market capitalization. It sits between Tesla at 11th and Meta Platforms at 13th on the list. Ethereum experienced a slight dip of 0.23 percent overnight, with its trading price sitting at $2,263.43. 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. On Wednesday, Ethereum Spot ETF products in the U.S. saw a decline in net inflows, falling to $36 million from $131 million on Tuesday. The iShares Ethereum Trust experienced significant outflows, totaling $21 million. Ethereum has fallen two places to the 66th position in the global ranking of all assets based on market capitalization, according to data. Currently holding the 4th rank, the asset saw an overnight increase of 0.95 percent, bringing its price to $677.73.
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 experienced a 1.7 percent increase overnight, currently trading at $1.45, which is approximately 62 percent lower than its all-time high of $3.84 reached on January 4, 2018. The 7th ranked asset experienced a decline of 0.6 percent overnight, bringing its price down to $91.54. SOL is currently trading approximately 69 percent lower than its all-time high of $294.33, which was reached on January 19, 2025. Holding the 8th position overall, the asset experienced a rally of 1.5 percent overnight and is presently trading at $0.3551. The current trading price is 19 percent lower than the cryptocurrency’s all-time high of $0.4407, achieved on December 4, 2024. Dogecoin, currently sitting at the 9th rank, experienced a notable rally of 3.2 percent overnight, bringing its trading price to $0.1149. Currently, the asset is trading at a staggering 84 percent below its all-time high of $0.7376, which was reached on May 8, 2021. 10th ranked Hyperliquid surged by 6.4 percent over the last 24 hours. HYPE is currently priced at $41.76, which is about 30 percent lower than its peak of $59.39 reached on September 18, 2025.