Cryptocurrencies have faced notable declines in the last 24 hours, influenced by news of Bitcoin sales by Strategy Inc and increased geopolitical tensions after Iran halted discussions with the U.S., which have unsettled market sentiment in the crypto sector. Overall cryptocurrency market capitalisation has seen a drop of more than 2 percent in the past 24 hours, with Bitcoin reaching a low of $71,293.75. On Monday, Strategy Inc announced the sale of 32 of its Bitcoin holdings that took place between May 26 and May 31. Funds generated from the bitcoin sales are expected to be used for financing distributions on the company’s preferred stock. Overall crypto market capitalisation has experienced a drop of 2.5 percent in the past 24 hours, currently at $2.43 trillion. The trading volume over the past 24 hours has increased significantly by 66 percent, totalling $94 billion. About 15 of the top 100 cryptocurrencies are seeing overnight gains of more than one percent, while over 60 are dealing with overnight losses that exceed one percent.
Bitcoin, the largest cryptocurrency, is currently trading 3.5 percent lower at $71,071.20. The current price is about 44 percent lower than the peak of $126,198.07, achieved on October 7, 2025. The original cryptocurrency has seen a decrease of 8.4 percent in the last week and a notable decline of 18.8 percent since the beginning of the year. Bitcoin Spot ETF products in the U.S. saw a decline in net outflows, falling to $125 million on Friday, a decrease from $223 million on Thursday and $733 million on Wednesday. The iShares Bitcoin Trust ETF experienced significant outflows, totalling $68 million. Bitcoin has fallen to the 14th position in the global ranking of all assets by market capitalisation, as reported by companiesmarketcap.com. It currently occupies a position between Samsung, which holds the 13th spot, and Micron Technology, ranked 15th.
Ethereum experienced a decline of 2.6 percent overnight, with its trading price settling at $1,959.55. The leading alternate coin is currently trading at a staggering 60 percent below its all-time high of $4,953.73, which was reached on August 25, 2025. Ethereum Spot ETF products in the U.S. saw a notable drop in net outflows, falling to $18 million on Friday from $121 million on Thursday. With outflows totalling $40 million, the iShares Ethereum Trust ETF experienced the largest outflows in the market. Ethereum has fallen 6 places to the 85th position in the global ranking of all assets by market capitalisation, as reported by companiesmarketcap.com. 4th ranked BNB experienced a decline of 5.8 percent overnight, bringing its price down to $678.46. BNB is currently trading at an impressive 50 percent below its peak of $1,370.55, which was achieved on October 13, 2025. 5th ranked XRP, a payments-focused cryptocurrency, has seen a decline of 3.9 percent overnight and is currently trading at $1.27, which is approximately 67 percent below its all-time high of $3.84 reached on January 4, 2018. The price of the 7th ranked cryptocurrency experienced a decline of 3.4 percent overnight, settling at $79.30. SOL’s current price is about 73 percent below its peak of $294.33, achieved on January 19, 2025.
On Friday, Solana ETF products in the U.S. saw net inflows of $1.3 million, marking a significant rise from the $0.5 million noted on Thursday. TRON has secured the 8th position overall, but experienced a slight decline of 0.66 percent overnight, now trading at $0.3460. The trading price currently sits at 21 percent below the cryptocurrency’s all-time high of $0.4407, recorded on December 4, 2024. 9th ranked Hyperliquid has surged by 3.5 percent in the last 24 hours. HYPE is currently priced at $71.52, which is about 4 percent lower than its all-time high of $64.59 reached on May 26, 2026. Hyperliquid ETF products in the U.S. saw remarkable net inflows of $32 million on Friday. Bitwise Hyperliquid ETF has achieved a remarkable milestone, recording inflows of $22.1 million. Memecoin Dogecoin is currently holding the 10th position overall, experiencing a 1.1 percent increase overnight and is now trading at $0.09809. DOGE is currently trading at an impressive 87 percent below its peak price of $0.7376, which was reached on May 8, 2021.