Market Overview - Bitcoin (BTC) experienced a significant sell-off, dropping to approximately $91,530 from a local high of $93,750, following a failed attempt to break above $94,500 [1] - The altcoin market suffered even more, with notable declines in PENGU and XRP, which fell by 6.5% and 3.5% respectively [1] Price Range and Sentiment - Bitcoin is now trading within December's range of $85,000 to $94,500, continuing a decline that began in October [2] - The recent drop in Bitcoin reflects a rise in risk-off sentiment among traders, coinciding with a decline in U.S. equities, particularly the Nasdaq 100 futures, which fell by 0.32% [2] Derivatives Positioning - Over the past 24 hours, exchanges liquidated crypto futures bets worth $465 million, with long positions making up over 50% of the liquidations [5] - Cumulative open interest (OI) in crypto futures remains steady above $143 billion, the highest in nearly two months, with positive funding rates indicating bullish positioning [5] - OI in specific tokens like XRP, DOGE, SUI, and ZEC fell by 5%-6%, likely due to profit-taking after recent price surges [5] Sector Performance - Memecoins and privacy coins were the worst-performing sectors, with Zcash (ZEC) dropping by 4.5% [5] - The CoinDesk Memecoin Index (CDMEME) fell by 1.5%, which is double the decline of the CoinDesk 5 index that tracks BTC, ETH, XRP, SOL, and ADA [5] - Despite the downturn, the decentralized finance (DeFi) sector saw a total value locked (TVL) increase of 0.17% over the past 24 hours, indicating positive inflows [5] - The "altcoin season" indicator from CoinMarketCap is at 25/100, down from last week's high of 27 but significantly above December's low of 14, suggesting some optimism in the altcoin market [5] - Tron (TRX) was an outlier, showing a gain of 1.2% over the past 24 hours [5]

Crypto investment products recorded around $952 million in net outflows last week, the first weekly withdrawal in the past 30 days. According to CoinShares, this withdrawal was primarily due to whale selling and regulatory uncertainty amid delays in the proposed Clarity Act. Ether led the selling pressure, with outflows reaching $555 million. Year-to-date inflows into ETH ETPs have reached $12.7 billion in 2025, significantly higher than the $5.3 billion recorded over the same period last year. Bitcoi ...

Market Overview - The crypto market is experiencing "extreme fear" following a sell-off, with Bitcoin trading around $87,000, down from a high of $92,350 last week, indicating a lack of recovery and eroded investor confidence [1] - The altcoin market is also struggling, with several tokens, particularly privacy coins, posting losses of over 5% in the last 24 hours [2] Performance Metrics - Bitcoin has retraced almost the entire rally from November 21-28, underperforming U.S. equities, which saw the Nasdaq Composite Index rise by 6.6% during the same period [2] - Open interest in futures tied to Bitcoin (BTC), Ethereum (ETH), and XRP has declined by as much as 6% in the past 24 hours, reflecting diminished investor confidence [5] Volatility and Derivatives - Bitcoin's 90-day annualized basis has collapsed to cycle lows of around 4%-5%, while Ether's basis is nearing 3%-4%, indicating a significant drop in futures versus spot prices [5] - The 30-day implied volatility index for Bitcoin is rising relative to Wall Street's VIX index, suggesting heightened uncertainty in the crypto market [5] Altcoin Performance - The altcoin market continues to lag, with Ether and XRP each sliding by approximately 0.6% in 24 hours, while Bitcoin posted a slight gain of 0.75% [5] - Privacy coins, particularly Zcash (ZEC), have been severely impacted, with an 8% decline in the last 24 hours and a total drop of 33% over the past week [5] DeFi Interest - The "altcoin season" indicator remains stagnant at 24/100, indicating a preference for Bitcoin and select DeFi tokens despite the overall market decline [5] - SKY, formerly MKR, saw a 6.7% increase after announcing token buybacks, while the USDS token's market cap grew from $7.6 billion to $9.5 billion in two months, attracting DeFi interest [5]

This is the makeorb breakak moment for crypto. And what I mean by that is I see the potential for the biggest liquidity rotation of all time and that's Bitcoin dominance going down and surging into altcoins, altcoin season. I know that's a dirty word right now.I know people are screaming we're about to go into a prolonged bare market. Now is the time to be selling, but look at this chart. In 2017, altcoin season only happened when we hit this ultimate low and started traveling back up. In 2021, we hit this ...

RT 邦妮區塊鏈 Bonnie Blockchain (@TheBonnieChang)Arthur Hayes最新訪談！「比特幣四年週期已死！你在等的山寨季已經在發生！99.99%的加密貨幣都是垃圾！」並大膽預測世紀大熊市即將出現的時間點。Arthur Hayes: “The Bitcoin four-year cycle is dead!”“The altcoin season you’ve been waiting for is already happening!”The creator of perpetual futures breaks down the great crypto liquidation 'why 99.99% of altcoins are trash', and when he predicts the generational collapse will strike.@CryptoHayes @TheBonnieChang ...

Altcoin season feels like a tougher quest this cycle, but we’ve faced harder bosses before. We’ll make it. https://t.co/yZ9kWnLzrf ...

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)🚨 BIG BREAKINGAltcoin season will start this week.DO. NOT. SELL https://t.co/Mf4nZmX5AU ...

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)🚨 BIG BREAKINGAltcoin season will start this week.DO. NOT. SELL https://t.co/Mf4nZmX5AU ...

RT Shanaka Anslem Perera ⚡ (@shanaka86)🚨 IF YOU STILL DON’T UNDERSTAND HOW CATASTROPHIC YESTERDAY WAS 🚨Let me spell it out:While Bitcoin dropped 10% like a normal Tuesday correction…THE ENTIRE ALTCOIN MARKET GOT SENT TO THE SHADOW REALMHere’s what “blue chip” really means 👇$ATOM: $4.00 → $0.00199.97% ANNIHILATED$SUI: $3.40 → $0.5683.5% OBLITERATED$APT: $5.00 → $0.7585% VAPORIZED$SEI: $0.28 → $0.0775% DELETED$LINK: $22 → $863.6% DESTROYED$ADA: $0.80 → $0.3062.5% MASSACREDThese aren’t shitcoins.These are TOP ...

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)🚨 BIG BREAKINGAltcoin season will start next week.DO. NOT. SELL. https://t.co/UGGm3ECMbi ...