Bitcoin, Ethereum, Dogecoin Trade Flat, While XRP Slides: Popular Analyst Predicts $37,500 Market Bottom For Bitcoin In 2026

Cryptocurrency Market Overview - Leading cryptocurrencies experienced consolidation, with Bitcoin trading at approximately $88,552.83, down 0.51%, and Ethereum at $3,019.10, also down 0.51% [1][2] - Bitcoin briefly surpassed $90,000 but could not maintain the gains, resulting in a trading volume surge of 61% to $36 billion in the last 24 hours [2] - The global cryptocurrency market capitalization is approximately $3 trillion, reflecting a modest drop of 0.48% in the last 24 hours [5] Market Sentiment and Trading Activity - The "Extreme Fear" sentiment dominated the market, as indicated by the Crypto Fear and Greed Index, with over 66% of Binance traders holding long positions in Bitcoin [4] - Over $200 million was liquidated from the cryptocurrency market in the last 24 hours, with nearly $130 million in long liquidations [3] Performance of Cryptocurrency-linked Stocks - Shares of cryptocurrency-linked stocks, such as Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NASDAQ:COIN), closed down 0.30% and 0.86%, respectively, during the regular trading session [3]