Crypto Market Weakens as ETF Outflows and Fed Fears Persist
Cryptocurrencies have fallen in the last 24 hours due to the strong U.S. Dollar, which has lowered risk appetite. Market confidence was weighed down by Fed rate rise fears. The entire consequences of Strategy Inc.’s Bitcoin sale proposal announced on Monday left investors uncertain. Bitcoin fluctuated between $60,682 and $58,926 in 24 hours. Overall crypto market capitalisation dropped by less than 1% throughout the same period. The crypto market will focus on Tuesday’s JOLTs data release, Fed Chair Kevin Warsh’s speech at the ECB Forum on Central Banking on Wednesday, and Thursday’s monthly non-farm payrolls data release. The six-currency Dollar Index, which tracks the Dollar versus six currencies, rose to 101.36 from 101.11 yesterday. The Dollar Index has risen while the Japanese yen, which weighs 13.6%, has fallen. The increasing U.S.-Japan interest rate disparity is driving the yen’s slide against the dollar. The yellow metal is falling while crude oil prices are rising. Japan’s ten-year bond yields rose over 2 percent despite a global decrease. Bitcoin advocate Strategy Inc.’s Digital Credit Capital Framework is being digested by markets. This strategy strengthens the company’s preferred securities, improves liquidity, maintains long-term Bitcoin exposure, and creates shareholder value.
Market sentiment has been shaken by the company’s Bitcoin monetisation scheme, which departs from its holding policy. The CMC Crypto Fear and Greed Index remained at 17, indicating significant crypto market worry. It was 20 a week and 35 a month ago. Overnight trading showed that 35 of the top 100 cryptocurrencies lost more than one percent, while only 19 gained more. With prices falling, the overall crypto market capitalisation has dropped just under 1% in 24 hours to $2.05 trillion. Trading volumes rose 44% despite a crypto market capitalisation drop. Bitcoin, the biggest cryptocurrency, is down 1.4 percent at $59,234.82. The price is 53% below the October 7, 2025 record high of $126,198.07. The first cryptocurrency has down about 5% in the past week and is down over 32% year-to-date. Net outflows for U.S. Bitcoin Spot ETFs fell to $231 million on Monday from $444 million on Friday and $692 million on Thursday. iShares Bitcoin Trust lost $300 million. Bitcoin fell one spot to 17th in the global market capitalisation list. Bitcoin is between 16th-ranked SK Hynix and 18th-ranked Eli Lilly. Bitcoin is the only cryptocurrency in the top 100 global ranking.
Ethereum rose 0.29 percent overnight to $1,581.63. The top alternative cryptocurrency is 68% behind its August 25, 2025 high of $4,953.73. Over the past 24 hours, prices ranged from $1,633.65 to $1,556.10. Net withdrawals from U.S. Ethereum Spot ETFs rose to $30 million on Monday from $13 million on Friday. Outflows are mostly caused by the iShares Staked Ethereum Trust ETF. The 4th-ranked BNB fell 0.81 percent overnight to $548.66. BNB is 60% below its October 13, 2025 high of $1,370.55. 6th-ranked XRP, a payments-focused cryptocurrency, fell 1.1 percent overnight to $1.04, 73 percent below its all-time high of $3.84 on January 4, 2018. Solana, rated 7th, rose 0.46 percent overnight to $73.49. SOL’s pricing is 75% below its January 19, 2025 high of $294.33.
TRON, the 8th-ranked cryptocurrency, fell 1.7 percent overnight to $0.3175. The selling price is 28% below the cryptocurrency’s all-time high of $0.4407 on December 4, 2024. 9th-ranked Hyperliquid rose 3.1 percent overnight to $65.40. This is 15% below its June 16 record high of $76.85. Dogecoin, ranked 10th, fell 0.68 percent overnight to $0.0723. DOGE is 90% below its May 8, 2021 top price of $0.7376. 57th-ranked MemeCore led the top 100 cryptocurrency overnight gains, rising almost 12%. Ethena, ranked 68th among the top 100 cryptocurrencies, recovered from an 8.7% overnight loss to stand out.
