The total cryptocurrency market capitalization stands at $2.82 trillion, reflecting a sharp 5.85% decline over the last 24 hours. The broader crypto market is experiencing heavy risk-off sentiment as macro uncertainty, aggressive profit-taking, and cascading liquidations weigh across majors and altcoins alike.
Trading volumes remain steady amid sell-off, indicating forced unwinds rather than orderly rotation. Large-cap assets continue to absorb most of the activity, while mid- and small-cap tokens are seeing outsized losses.
Bitcoin is currently trading at $82,750, down 6.15% over the past 24 hours. BTC broke below short-term support levels after failing to reclaim the $86,000-$87,000 region, triggering long liquidations across derivatives markets.
Immediate resistance is seen near $85,500, followed by a stronger supply zone around $88,000. On the downside, support lies at $81,000, with a deeper demand area near $78,500 if selling pressure persists.
Derivatives data show open interest at $58.49 billion, down 2.12%, suggesting the market is cooling off, leverage is being flushed, and traders are waiting for clearer direction before re-entering. Funding rates have flipped marginally negative at -0.0016%, signaling defensive positioning and short-term bearish bias.
Spot Bitcoin ETFs recorded approximately $817.87 million in net outflows, underscoring weakening institutional risk appetite amid broader market stress.
Ethereum is trading at $2,740, down 7.01% over the last 24 hours. ETH failed to hold the $2,800 level, accelerating downside momentum as leverage was flushed from the system.
Immediate resistance is near $2,780, followed by a broader supply zone around $3,000. Key support sits near $2,600, with a stronger base around $2,420 if volatility remains elevated.
Ethereum derivatives open interest stands at $34.62 billion, down 11.19%, signals aggressive deleveraging, indicating risk reduction and a reset in leveraged positions rather than fresh bearish positioning.
Funding rates have cooled to 0.0001%, suggesting neutral positioning, leverage reset and traders are waiting for a fresh directional catalyst.
Spot Ethereum ETFs saw nearly $155.61 million in net outflows, reinforcing the defensive institutional stance amid heightened volatility.
LINK is trading at $10.88, down 6.36% over the last 24 hours. Immediate resistance is seen near $11.60-$12.10, while support lies around $10.40-$9.80.
Oracle adoption, real-world asset integrations, and staking participation remain key medium-term drivers.
MATIC is trading at $0.1109, down 4.68% on the day. Immediate resistance is seen near $0.118-$0.125, while support lies around $0.105-$0.098.
Layer-2 scaling demand and enterprise blockchain partnerships continue to influence sentiment.
SOL is trading at $115.39, down 6.35% over the last 24 hours. Immediate resistance is seen near $121-$126, while support lies around $110-$104.
Network throughput, ecosystem DeFi activity, and validator stability remain critical factors for near-term direction.
XRP is trading at $1.75, down 6.41% on the day. Immediate resistance is seen near $1.85-$1.95, while support lies around $1.68-$1.58.
Legal clarity, cross-border payment adoption, and institutional usage trends continue to dictate price action.
SHIB is trading at $0.000007211, down 5.15% over the last 24 hours. Immediate resistance is seen near $0.00000760-$0.00000790, while support lies around $0.00000690-$0.00000650.
Retail participation and broader market sentiment remain the dominant drivers.
BONK is trading at $0.00008016, down 5.05% on the day. Immediate resistance is seen near $0.00008350-$0.00008700, while support lies around $0.00007600-$0.00007250.
Speculative flows and Solana ecosystem momentum continue to dictate price action.
The 5.85% decline in total crypto market capitalization reflects a decisive shift toward risk aversion, driven by leverage unwinds and macro-driven uncertainty rather than isolated asset-specific weakness.
Bitcoin holding above $81,000 is critical to preventing a deeper structural breakdown, while Ethereum must defend the $2,600 region to stabilize sentiment.