Bitcoin Slides While Fear Returns to the Crypto Market
As market players digested Strategy Inc.’s Bitcoin treasury data, cryptocurrencies fell over the past 24 hours. Recent firm filings have disturbed bitcoin market mood, which had been buoyed by lower U.S. jobs data. On Monday, Michael Saylor’s Virginia-based firm disclosed that it sold 3,588 Bitcoins for $216 million between June 29 and July 5. The corporation lost $8.32 billion on digital assets in the three months ending June 30, 2026. The CMC Crypto Fear and Greed Index dropped from 28 a day ago to 25 today. The reading indicates fear, per the index. The preceding 24 hours saw $303 million in liquidation, with $177 million in long bets and $126 million in short positions. Over the previous 24 hours, crypto market capitalisation has fallen 1% to $2.15 trillion due to liquidation patterns. Trading volumes rose 34% as bitcoin market value fell.
Only 13 of the top 100 cryptocurrencies have overnight increases of one percent or more, while over 50 have overnight losses. Bitcoin, the largest cryptocurrency, fell 1.1 percent to $61,971. This price is 51% behind the all-time high of $126,198.07, set on October 7, 2025. The original coin has lost over 29% year-to-date. Bitcoin fluctuated between $63,935.85 and $61,275.83 in 24 hours. Wednesday witnessed net withdrawals of $296 million, whereas Thursday saw net inflows of $224 million for U.S. Bitcoin Spot ETFs. The Fidelity Wise Origin Bitcoin Fund had $166 million in net inflows, while iShares Bitcoin Trust lost $40 million. Source says Bitcoin has slid to 15th in the worldwide market capitalisation ranking of all assets. Bitcoin ranks between 14th-ranked Samsung and 16th-ranked Micron Technology.
Ethereum fell 0.92 percent overnight to $1,750.06. The leading alternate coin is 65 percent below its August 25, 2025 peak of $4,953.73. Trading ranged from $1,805.91 to $1,728.97 in 24 hours. Ethereum’s year-to-date losses exceed 41%. Net inflows for U.S. Ethereum Spot ETFs rose to $29 million on Thursday from $15 million on Wednesday. The iShares Ethereum Trust ETF gained $30 million. According to market capitalisation, Ethereum ranks 98th globally. The 4th-ranked BNB dropped roughly 2% overnight, lowering its price to $576.09. BNB is 58 percent below its October 13, 2025 peak of $1,370.55. 6th-ranked XRP, a payments-focused cryptocurrency, fell 1.2 percent overnight to $1.12, 71% below its all-time high of $3.84 on January 4, 2018.
Solana, 7th, fell 1.3 percent overnight to $80.27. SOL’s pricing is 73% below its January 19, 2025 top of $294.33. On Thursday, U.S. Solana Spot ETF products witnessed net inflows of $3 million, up from $1 million on Wednesday. TRON, ranked 8th, fell 0.62 percent overnight to $0.3268. The cryptocurrency’s selling price is 26% below its December 4, 2024 high of $0.4407. Hyperliquid, rated 9th, rose 0.6 percent overnight to $69.64, 9 percent behind its June 16 all-time high of $76.85. U.S. hyperliquid Spot ETF products witnessed net inflows of $2 million on Thursday, down from $3 million on Wednesday. Dogecoin, ranked 10th, fell 2% overnight to $0.0754. DOGE is 90% below its May 8, 2021 high of $0.7376.
