Following news of a security breach in the Humanity Protocol, sentiment in the bitcoin market has declined. Anxiety hung in the air as Wednesday morning approached, bringing with it the release of the U.S. consumer price inflation readings. Bitcoin experienced a variation between $64,186 and $62,410 in the past 24 hours. Overall, the capitalisation of the crypto market has seen a minor decrease of just under half a percent during the same timeframe. The overnight slippage in overall crypto market capitalisation happens alongside declining crude oil prices, a weakening dollar, mildly positive sentiment in Wall Street futures, and a mixed yield movement pattern in the sovereign bond market. Humanity Protocol’s token has suffered a significant setback due to a private-key exploit, as hackers infiltrated the DeFi project and absconded with over $30 million. Humanity, currently sitting at the 83rd rank, has experienced a staggering 76 percent drop in value overnight. U.S. inflation readings on a year-over-year basis are expected to rise. On a month-on-month basis, markets expect a moderation in the inflation situation. The core inflation level, excluding the volatile food and fuel component, is expected to rise in May, leading to worries about the Federal Reserve’s possible actions. A series of interest rate decisions from prominent central banks is scheduled for the upcoming week. Statistics show a notable decline in liquidations in the past 24 hours. In the past 24 hours, forced closures of leveraged positions in the crypto market have decreased to $300 million, a drop from $599 million the previous day.
Long positions have increased to $174 million, rising from $144 million just a day earlier, while short positions have dropped to $127 million, a notable decrease from $455 million the day before. The total value of the crypto market has seen a decrease of 0.35 percent in the past 24 hours, currently at $2.16 trillion. Among the top 100 cryptocurrencies, 26 are seeing overnight gains of more than one percent, while 30 are encountering overnight losses of over one percent. Bitcoin, the largest cryptocurrency, is currently trading 0.60 percent lower at $62,737.00. The current price is roughly 50 percent below the peak of $126,198.07, achieved on October 7, 2025. The original cryptocurrency has seen a decrease of 9.8 percent in the last week and has fallen over 28 percent since the beginning of the year. Bitcoin Spot ETF products in the U.S. saw a significant decline in net outflows, falling to $91 million on Monday from $326 million on Friday. However, the iShares Bitcoin Trust ETF experienced net outflows totalling $233 million. ARK 21 Shares Bitcoin ETF experienced notable inflows of $63 million. Bitcoin has fallen to the 14th position in the global asset ranking by market capitalisation, as reported. It now sits between Samsung, which holds the 13th position, and Micron Technology at 15th.
Ethereum experienced a minor uptick of 0.11 percent overnight, with a trading price of $1,673.27. The leading alternate coin is currently trading at a staggering 66 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 $1,713.47 and $1,654.88. Ethereum Spot ETF products in the U.S. saw significant net inflows of $82 million on Monday, marking a clear difference from the net outflows of $6 million noted on Friday. Fidelity Ethereum Fund and Ishares Staked Ethereum Trust ETF have both seen impressive net inflows exceeding $25 million. 4th ranked BNB experienced a 0.28 percent increase overnight, bringing its price to $599.47. BNB is currently trading at an impressive 56 percent below its peak of $1,370.55, which was achieved on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, experienced a rally of 1.24 percent overnight and is currently trading at $1.15, which is approximately 70 percent below its all-time high of $3.84 reached on January 4, 2018.
The price of the 7th ranked cryptocurrency experienced a 0.25 percent increase overnight, reaching $66.28. SOL’s current price is about 77 percent below its peak of $294.33, achieved on January 19, 2025. TRON has secured the 8th position overall, but experienced a decline of 1.3 percent overnight, currently trading at $0.3216. The trading price currently sits at 27 percent below the cryptocurrency’s all-time high of $0.4407, which was recorded on December 4, 2024. 9th ranked Hyperliquid has seen an increase of 1.4 percent over the last 24 hours. HYPE is currently priced at $62.12, reflecting an approximate 18 percent drop from its peak of $64.59 achieved on May 26, 2026. Memecoin Dogecoin is currently holding the 10th position overall, experiencing a slight decline of 0.15 percent overnight and trading at $0.0854. DOGE is currently trading at an impressive 88 percent below its peak price of $0.7376, which was reached on May 8, 2021. ETHGas, currently sitting at the 100th rank, experienced a remarkable overnight surge, leading the top 100 cryptocurrencies with gains exceeding 24 percent.