Aggregate cryptocurrency market capitalisation declined by over 2 percent, with Bitcoin reaching a low of $62,489 in the past 24 hours, following a selloff in global chip stocks that impacted the crypto markets. The recent AI frenzy that captivated global markets has diminished as investors began to scrutinise the inflated valuations within the technology sector. The escalating hostilities in the Middle East and the spike in crude oil prices have also dampened sentiment in the cryptocurrency market. Regulatory uncertainty in the U.S. regarding the Clarity Act has also negatively impacted market sentiment. The legislation aimed at defining U.S. crypto regulation has encountered delays due to ongoing disputes regarding the ethics clauses included within it. The regulatory bill, among other objectives, seeks to elucidate the jurisdiction of the SEC and CFTC, safeguard developers, and impose regulations on stablecoins. The CMC Crypto Fear and Greed Index, which monitors sentiment in the cryptocurrency market, indicates a reading of 31, down from 33 the previous day. The decline in the sentiment gauge occurs against a backdrop of bearish sentiment on Wall Street. The Nasdaq Composite has experienced a decline of over one percent during Friday’s trading session. Data indicates that liquidations have totalled $431 million over the last 24 hours.
While long positions liquidated account for 365 million dollars, short positions liquidated add up to only 66 million dollars. Amidst the recent downturn in technology stocks on Wall Street, the total market capitalisation of cryptocurrencies has experienced a decrease of 2.1 percent over the last 24 hours, now standing at $2.17 trillion. Six of the top 100 cryptocurrencies are experiencing overnight gains exceeding one percent, while approximately 65 are facing overnight losses of one percent or greater. The decrease in overall crypto market capitalisation was also accompanied by a 7-percent decline in trading volumes. Bitcoin, the largest cryptocurrency, is trading 2.3 percent lower at $63,227.46. The current price is approximately 50 percent lower than the all-time high of $126,198.07 reached on October 7, 2025. The original cryptocurrency’s year-to-date losses have risen to 27.8 percent, up from 26.7 percent the previous day. Bitcoin Spot ETF products in the U.S. experienced a decrease in net inflows, falling to $79 million on Thursday from $108 million the previous day. The iShares Bitcoin Trust ETF led the way with net inflows amounting to $33 million, closely followed by the Fidelity Wise Origin Bitcoin Fund, which saw inflows of $31 million. Bitcoin remains in the 14th position in the global ranking of all assets according to market capitalisation data. The foremost cryptocurrency finds itself positioned between Tesla, which holds the 13th rank, and Samsung, occupying the 15th position.
Ethereum is trading 3.4 percent lower at $1,823.76. The leading alternate coin is currently trading at a level that is 63 percent below its all-time high of $4,953.73, which was recorded on August 25, 2025. The 24-hour trading fluctuated between $1,891.76 and $1,803.05. Ethereum continues to contend with year-to-date losses exceeding 38 percent. On Thursday, Ethereum Spot ETF products in the U.S. experienced net outflows amounting to $28 million, a notable shift from the net inflows of $54 million recorded on Wednesday. Greyscale Ethereum Mini Trust ETF experienced net outflows amounting to $14 million. Ethereum has fallen 5 positions to the 90th rank in the global asset hierarchy based on market capitalisation, according to source. The fourth-ranked BNB experienced a decline of 3.1 percent overnight, leading to a price reduction to $561.92. BNB is currently positioned 59 percent beneath its all-time peak of $1,370.55, which was reached on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, lost 2.6 percent overnight and is currently trading at $1.08, around 72 percent below the all-time high of $3.84 touched on January 4, 2018.
The price of 7th ranked Solana declined 2.8 percent overnight to $74.43. SOL’s current price is approximately 75 percent lower than its all-time high of $294.33, which was reached on January 19, 2025. Solana Spot ETF products listed in the U.S. experienced net inflows amounting to $2 million on Thursday. TRON ranked 8th overall experienced a decline of 0.23 percent overnight and is currently trading at $0.3225. The trading price stands at 27 percent below the cryptocurrency’s all-time high of $0.4407, which was recorded on December 4, 2024. 9th ranked Hyperliquid plunged 8.5 percent overnight, to trade at $60.40, around 21 percent below the all-time high of $76.85 recorded on June 16. Memecoin Dogecoin ranked 10th overall slipped 2.5 percent overnight and is currently trading at $0.0719. DOGE is currently positioned 90 percent beneath its peak price of $0.7376, which was achieved on May 8, 2021.