The global crypto market lost nearly $100 billion within 19 hours, with the total market cap falling from $3.02 trillion to $2.93 trillion amidst widespread profit taking. This decline reflects investors' cautious stance ahead of 2026 amid macroeconomic uncertainties and subdued expectations for Federal Reserve rate cuts. The profit taking trend mirrors risk-averse moves, as gold and silver prices rise while crypto and other risky assets face downward pressure.