Total crypto market cap: Around $2.25–2.3 trillion (down roughly 5–8% in the last 24 hours in many updates, with some intraday bounces pushing it slightly higher temporarily). This is a big drop from earlier 2026 highs and reflects massive selling pressure.

Bitcoin ($BTC ): Trading in the $65,000–$69,000 range right now (e.g., reports show bounces to ~$68,000–$69,000 after dipping near $60,000 yesterday/lows). It's up several percent today from the absolute bottom but still down significantly overall — about 9% drop in some 24h snapshots earlier, and 30–50% off the October 2025 peak ($125K).

Ethereum ($ETH ): Around $1,900–$2,000 (some lows hit ~$1,750–$1,850, now recovering a bit to ~$1,920–$1,990). Down heavily too, often 7–11% in recent sessions.

Most top coins are red, with high liquidations (billions wiped out), ETF outflows (hundreds of millions from BTC/ETH funds), and extreme fear sentiment (Fear & Greed Index in single digits like 12 — "Extreme Fear").

Key reasons for the dip:

Macro uncertainty (Fed policy, global risk aversion)

Heavy deleveraging and profit-taking after 2025 bull run

Institutional/ETF selling pressure

Record realized losses for $BTC holders

Some analysts see this as potential capitulation (bottoming signal), with possible base forming in $54K–$60K for Btc if it breaks lower. Others note the bounce today could be short-lived without better macro support.

#WhaleDeRiskETH #MarketCorrection #WhenWillBTCRebound #ADPDataDisappoints #EthereumLayer2Rethink?