Kitco data show ETH (~$2,920), XRP (~$1.87), and SOL (~$126) all down roughly 4%–6% over 24 hours and 6%–10% over the week, echoing Monday’s Bloomberg report that Ether, Dogecoin, and XRP fell about 5% as crypto equities sold off. Analysts tie the weakness to broad de‑risking in global equities and hawkish signals from the Bank of Japan, with leverage unwinds in majors spilling over into the wider altcoin complex.
Crypto-equity complex sees heavy damage, with miners hit hardest but selective dip-buying emerging
Yahoo Finance highlights steep losses in bitcoin miners like Hut 8, while CoinDesk notes a 47% slide in IREN that B. Riley now frames as a buying opportunity, citing strong funding and GPU ramp optionality. Separately, ARK Invest has been adding to Coinbase and other listed crypto names into this drawdown, suggesting some institutional investors view the equity selloff as overextended relative to underlying network activity.
Macro backdrop favors hard assets like gold and copper over digital risk assets for now
TradingEconomics reports gold near $4,300/oz, up ~6% on the month and over 60% year‑on‑year, as multiple Fed cuts, expectations of further easing, and safe‑haven demand drive ETF inflows and central-bank buying. Copper has also climbed to around $5.3/lb, near a 19‑week high on short covering and the longer‑term energy‑transition story, underscoring how capital is rotating toward real‑asset inflation hedges while crypto trades more like a high‑beta risk asset in the current risk‑off tape.
Bitcoin hovers in high-$80Ks as liquidity thins and sentiment slips back to ‘extreme fear’
Coindesk and Investing.com report BTC drifting around $88K–$90K with low leverage and fading post-Fed demand, even as corporate treasuries quietly resume accumulation. The Crypto Fear and Greed Index has slid back into extreme fear, and ETF outflows plus thin year-end liquidity are amplifying each downward move.
Crypto majors extend post-Fed pullback as macro risk keeps pressure on risk assets
Bitcoin (~$85.9K, -2.5%) and Ethereum (~$2.95K, -3.6%) are falling for a fourth straight session, continuing the retreat that began after last week’s Fed rate cut and amid renewed anxiety over 2026 policy paths. Reuters and Yahoo Finance note that traders are de-risking ahead of a ‘data dump’ of delayed U.S. jobs, retail sales and inflation figures that could shift rate-cut expectations.
Risk-off tone and central bank week pressure Eth and majors
ETH is around $2,940, off about 4%, with CoinDesk noting fading post-Fed demand and low leverage as traders de-risk into a packed week of U.S. releases plus BoJ, BoE and ECB decisions that could tighten global liquidity, a key driver for crypto valuations.
Altcoins underperform as fear grips market, XRP and Solana lag
XRP near $1.89 (-4%–5%) has repeatedly failed to clear the $2 level per CoinDesk, while SOL around $126 (-2%–3%) extends double-digit monthly losses; fear-and-greed gauges are back in ‘extreme fear,’ and crypto-related equities tied to these tokens have dropped more sharply than the coins themselves.
Technical breakdown stokes talk of deeper BTC correction
News from CoinDesk and Bloomberg flag BTC’s break below its recent trading range and the risk of a retest of the $80,000 area or worse, with some technicians like Peter Brandt warning that a snapped parabolic arc could open downside toward $25,000, even as on-chain models cited by Bitcoin Magazine suggest fair value closer to $100,000.
Market waiting for a catalyst as traders eye dense macro calendar
Across the coverage, from CoinDesk’s Daybook to Investing.com’s morning brief, commentators describe a crypto market stuck in a choppy, range-bound consolidation. With U.S. nonfarm payrolls, CPI, PMI readings, Fed speeches and a potentially hawkish Bank of Japan decision ahead, most participants are staying sidelined, leaving prices vulnerable to sharp moves in either direction once fresh data hits.
BTC holds below $90K as macro uncertainty caps upside
BTC trades around $87.9K, fractionally lower, after repeatedly failing to break a descending trendline near $94K and slipping back under the psychologically important $90K level. FXStreet and Investing.com highlight cautious risk sentiment ahead of a heavy week of U.S. data and global central bank meetings, with some analysts (e.g., Peter Brandt) warning of downside risk toward $80K or even $25K if the broken parabola plays out.
Eth softens after rejection at 50-day EMA
ETH is near $3,050, down about 0.5% on the day, giving back part of last week’s modest bounce. FXStreet notes ETH was rejected at its 50-day EMA around $3,280 and now risks a deeper pullback toward $3,017 and potentially $2,749 if that support breaks, even as some venues still show it slightly positive intraday amid generally subdued altcoin flows.
Sol bucks the drift with a small gain but stays inside downtrend
SOL is slightly higher near $130–$132, up about 0.5%, outperforming most large caps today. Still, CoinDesk notes that Solana, along with other high‑beta altcoins, has been under pressure in recent weeks as year‑end profit‑taking in BTC and thin liquidity amplify moves, leaving SOL down on the week and still vulnerable if Bitcoin retests lower supports.
Derivatives and sentiment data show a fearful, range‑bound market
CoinDesk reports the Crypto Fear and Greed Index back in ‘extreme fear’ after prior liquidations wiped out overleveraged longs, and FXStreet/Coinglass data show rising open interest in selective names like Dogecoin as traders hunt for rebound plays. Overall, flows are light and ranges tight, with analysts repeatedly describing ‘a market waiting for a catalyst’ in the form of incoming U.S. data or central bank surprises.
Macro backdrop: Fed cuts done for now, BOJ/ECB/BoE in focus
Despite the Fed’s third rate cut of 2025 and a softer dollar, crypto has failed to mount a sustained relief rally, suggesting the bullish impulse from easier policy is fading. News from Investing.com, Yahoo Finance and FXStreet stress that this week’s U.S. jobs and inflation prints plus the Bank of Japan’s widely expected hike—historically associated with BTC drawdowns—are keeping traders defensive across digital assets.
Bitcoin stabilizes below $90K as macro risk-off mood persists
BTC trades near $89K–$90K, up about 1.5% intraday but still stuck in a tight range after a multi-week slide. Caution ahead of key U.S. jobs and inflation data and the Bank of Japan decision is curbing fresh risk-taking and keeping volatility muted.
Downside risks for BTC grow, with $80K retest back on traders’ radar
CoinDesk notes BTC has retreated from roughly $93K since Friday, with technicals pointing to rising odds of a pullback toward the $80K area if support around the mid‑$80Ks fails. A weak Nasdaq and thin year‑end liquidity are reinforcing defensive positioning.
Ethereum outperforms majors but stalls below key resistance
ETH is around $3,150, up roughly 2.8% on the day and modestly firmer than BTC over the week. FXStreet highlights that rejection at the 50‑day EMA near $3,280 leaves ETH vulnerable to a move toward $3,000–$2,750 if macro data or risk sentiment deteriorate.
XRP pinned near $2.00 as it tests critical support-resistance zone
XRP sits around $1.98–$2.00, barely higher on the day after failing several times to clear $2, which CoinDesk frames as a near‑term inflection level. FXStreet warns that a daily close below ~$1.96 could open room toward $1.77, while holding this base keeps $2.35 in play.
Solana edges higher but remains pressured alongside high‑beta altcoins
SOL trades near $132, up about 1.8% but still lagging after recent drawdowns as Coindesk flags year‑end profit‑taking and thin liquidity across ETH, SOL, and ADA. Risk-sensitive names like SOL remain tethered to BTC direction and broader tech‑stock sentiment.
Digital asset treasuries and crypto-proxy stocks enter ‘Darwinian phase’
Yahoo Finance reports that bitcoin‑heavy corporates such as Strategy Inc. have been hit hard since October’s BTC crash, with mNAVs compressing toward 1x. This is forcing balance‑sheet hoarders to build cash reserves and could accelerate consolidation if BTC remains range‑bound.