In the past 24 hours, the cryptocurrency market has fallen by 4.02%, with a cumulative decline of 10.21% this week. Market sentiment is generally pessimistic, and the unique risks of the industry and macroeconomic uncertainties have exacerbated this sentiment.
Risk-averse sentiment rotation - as investors sell altcoins, Bitcoin's market share has risen to 60.19%.
Meme coin crash - Nubila Network (-19%), Giggle Fund (-30%) lead the decline, with airdrop sell-offs and CZ denying trades.
Follow-up impact of DeFi vulnerability events - Balancer was hacked with a loss of $116 million, Stream Finance lost $93 million, triggering distrust across the industry.
Derivatives deleveraging - open interest contracts down 10%, funding rates down 25%, indicating reduced speculative demand.

In the last 24 hours, a total of 336,797 people were liquidated globally, with a total liquidation amount of $1.362 billion, of which long positions accounted for $1.220 billion and short positions accounted for $143 million.

Here are the latest quotes and dynamic analysis of major crypto assets:
1. Bitcoin (BTC)
The current price of Bitcoin is $104,580.15, down 2.25% in the past 24 hours, and down 7.70% in the last 7 days. The 24-hour trading volume reached $75.88 billion, with a circulating supply of 19.91 million BTC and a current market cap of $2.09 trillion.

2. Ethereum (ETH)
The current price of Ethereum is $3,507.34, down 4.67% in the past 24 hours, and down 12.85% in the last 7 days. The 24-hour trading volume is $52.95 billion, with a circulating supply of 120.7 million ETH and a total market cap of $425.81 billion.

3. Binance Coin (BNB)
The current price of Binance Coin is $950.69, down 7.05% in the past 24 hours, and down 14.40% in the last 7 days. The 24-hour trading volume reached $4.79 billion, with a circulating supply of 139.28 million BNB and a total market cap of $132.33 billion.

4. Ripple (XRP)
The current price of Ripple is $2.2696, down 5.12% in the past 24 hours, and down 12.31% in the last 7 days. The 24-hour trading volume reached $7.01 billion, with a circulating supply of 163.73 billion Ripple, and a total market cap of $137.76 billion.
Today's cryptocurrency market
Total cryptocurrency market cap: $3.48 trillion; total 24-hour trading volume: $467.65 billion
Fear and Greed Index
Overview: CMC Fear and Greed Index has dropped to 27/100, down from 36 yesterday and 42 last week. This is the lowest reading since March 2025 (15/100). Historically, levels below 30 usually herald short-term rebounds, but further confirmation is needed.

This means: This is a bearish signal, as sustained fear is usually associated with the capitulation phase, but if Bitcoin holds the support level of $100,000, reverse buyers may enter the market.
BTC dominance and altcoin quarterly index
Bitcoin's market cap share rises to 60.19% (up 0.95 percentage points in 24 hours), nearing the 2025 peak of 65.12%. CMC altcoin quarterly index is 27/100 (Bitcoin season), monthly drop of 60%.

This means: Due to macroeconomic uncertainty (fear and greed index: 27/100) and the stability of ETFs overshadowing the hype around altcoins, funds are shifting towards Bitcoin.
Today's biggest gainer
1. Decred (DCR)
Price: US$53.34, 24-hour rise 179.43%
2. Dash (DASH)
Price: US$127.72, 24-hour rise 46.21%
3. Zcash (ZEC)
Price: US$464.22, 24-hour rise 20.04%
Today's biggest loser
1. Aster (ASTER)
Price: US$0.8563, 24-hour drop 19.83%
2. Aptos (APT)
Price: US$2.69, 24-hour drop 13.37%
3. World Liberty Financial (WLFI)
Price: US$0.1108, 24-hour drop 12.11%
Other mainstream cryptocurrencies performance
1. Solana (SOL)
Price: US$159.51, 24-hour yield: -9.29%
2. Tron (TRX)
Price: US$0.2814, 24-hour yield: -4.31%
3. Dogecoin (DOGE)
Price: US$0.16.55, 24-hour yield: -4.65%
4. Cardano (ADA)
Price: US$0.5429, 24-hour yield: -5.32%
5. Chainlink (LINK)
Price: US$15.01, 24-hour yield: -6.81%
6. Hyperliquid (HYPE)
Price: US$37.43, 24-hour yield: -8.67%
7. Stellar (XLM)
Price: US$0.2743, 24-hour yield: -5.83%
8. Bitcoin Cash (BCH)
Price: US$500.73, 24-hour yield: -5.32%
9. Sui (SUI)
Price: US$2.03, 24-hour yield: -6.77%
10. Avalanche (AVAX)
Price: US$16.41, 24-hour yield: -5.88%
11. LEO Token (LEO)
Price: US$9.54, 24-hour yield: -0.45%
12. Hedera (HBAR)
Price: US$0.1721, 24-hour yield: -6.21%
13. Litecoin (LTC)
Price: US$86.84, 24-hour yield: -7.20%
14. Shiba Inu (SHIB)
Price: US$0.000009044, 24-hour yield: -6.02%
15. Monero (XMR)
Price: US$345.86, 24-hour yield: 3.57%
16. Toncoin (TON)
Price: US$1.95, 24-hour yield: -10.51%
