Crypto Market Cap Hits $2.63T as Bitcoin, Ethereum Rise
The recent relief rally in the crypto markets, initiated by President Trump’s extension of the ceasefire with Iran, has resulted in an increase in cryptocurrency market capitalization of over 3 percent within the last 24 hours. Bitcoin achieved a 24-hour high of 79,077, whereas Ethereum reached a peak of 2,423 during the same period. The latest 24-hour liquidation data indicates that short positions are exceeding long positions. Over the last 24 hours, liquidations within the cryptocurrency market reached a notable $428 million. This figure comprises 116 million from long positions and 311 million from short positions, underscoring the significant volatility in the market as exchanges and lending protocols implement forced closures of leveraged positions due to inadequate funds to mitigate potential losses. With a significant uptick in global market sentiment, the Fear and Greed Index has climbed to 63, indicating a shift into the “greed” category from a neutral level of 57 just one day prior. Just a week prior, it stood at 55. The overall crypto market capitalization has experienced a notable increase of 3.2 percent in the past 24 hours, now standing at an impressive $2.63 trillion.
The trading volume in the last 24 hours has decreased by 15 percent, now standing at $152 billion. Approximately 62 of the leading 100 cryptocurrencies are experiencing overnight increases exceeding one percent, whereas 7 are facing overnight declines surpassing one percent. Bitcoin is presently valued at $78,899.75, reflecting an increase of 4.2 percent. The present value stands approximately 37 percent lower than the high of $126,198.07, attained on October 7, 2025. The original cryptocurrency has seen a 6.6 percent increase over the last week, bringing its year-to-date losses down to 9.8 percent. On Tuesday, Bitcoin Spot ETF products in the U.S. experienced net inflows of $12 million, a notable decrease from the $238 million reported on Monday. The prominent organization, iShares Bitcoin Trust ETF, has achieved a significant milestone with net inflows amounting to $39 million. Bitcoin occupies the 12th position in the global asset rankings based on market capitalization, according to the report. Meta Platforms is ranked 11th, whereas Tesla occupies the 13th position. Ethereum saw a significant rise of 4.9 percent overnight, reaching a trading price of $2,420.10. The significant altcoin is currently priced at an impressive 51 percent below its high of $4,953.73, reached on August 25, 2025.
On Tuesday, Ethereum Spot ETF products in the U.S. recorded net inflows of $43 million, a decrease from the $68 million noted on Monday. The iShares Ethereum Trust has recorded substantial inflows totaling $37 million. At present, Ethereum holds the 61st position in the global asset rankings according to market capitalization, as indicated by companiesmarketcap.com. The significant alternative cryptocurrency held the 64th position just one day prior. Bitcoin is presently at the forefront of the crypto market, commanding a substantial share, whereas Ethereum maintains a noteworthy segment of the market. XRP, presently positioned at 4th place, experienced a rise of 1.8 percent overnight, resulting in a trading price of $1.45. This figure remains approximately 62 percent lower than its peak of $3.84, reached on January 4, 2018. BNB, currently in the 5th position, experienced a 3.2 percent rise overnight, elevating its price to $651.73. The asset is presently valued at 52 percent less than its peak of $1,370.55, attained on October 13, 2025. The value of the 7th ranked cryptocurrency experienced an increase of nearly 4 percent overnight, now standing at $89.14. The asset is presently valued around 70 percent below its peak of $294.33, attained on January 19, 2025.
The asset, currently positioned 8th overall, experienced a modest overnight increase of 0.5% and is now valued at $0.3316. The present trading price stands at a 25 percent decrease compared to the cryptocurrency’s all-time high of $0.4407, which was achieved on December 4, 2024. Dogecoin, positioned at the 9th rank, experienced a 3.1 percent rise overnight, elevating its trading price to $0.0981. The asset is presently valued at an impressive 87 percent lower than its peak price of $0.7376, attained on May 8, 2021. Hyperliquid, currently positioned at 10th, has experienced a 2.5 percent rise in the past 24 hours. HYPE is presently valued at 41.36, reflecting a decline of roughly 30 percent from its peak of 59.39 attained on September 18, 2025. In a significant overnight performance, the 79th ranked Pudgy Penguins outperformed its peers within the top 100 cryptocurrencies, witnessing an impressive increase of nearly 13 percent. The cryptocurrency is presently valued approximately 85 percent below its highest point, reached in December 2024.
