Crypto market liquidations in 24 hours cross $600 Million

The crypto market today is dominated by bears, as the sentiments tremble in view of the Non-Farm Payrolls (NFP) report cautioning about the FED being hawkish.

Crypto market liquidations in 24 hours cross $600 Million

Non-Farm Payrolls (NFP) report had little cheer for traders as the figures came in mixed, with the market now anticipating a hawkish stance by Federal Reserve

The crypto market is currently in the bears’ grip as investor sentiments are battered by a pessimistic outlook. Especially after the Non-Farm Payrolls (NFP) report had little cheer for traders as the figures came in mixed, and traders are now anticipating a hawkish stance by Federal Reserve, which will have a direct impact on the numbers of the crypto industry.

The market capitalisation slipped by 4.09% to $2.71 trillion. And coming to “Fear & Greed Index,” the metric signals an “Extreme Fear” score of 17. However, traders did buy the dip, which helped the volumes to zoom over 94% to $101.31 billion.

Bitcoin Price Drops to $82k Amid Pressure?

The U.S. government establishing a strategic Bitcoin (BTC) reserve did little to help BTC stand against the rough winds, as Bitcoin still saw liquidations amounting to $239.92 million. BTC price currently is at $82,506.72, with a change of -4.03% since yesterday. Its market cap went south by 4.03% to $1.63 trillion.

Check out our in-depth Bitcoin (BTC) Price Prediction 2025, 2026-2030 for potential price targets!

Altcoins Fall as Liquidations Rise?

The altcoin market fared no better, with Ethereum registering $108.01 million in liquidations, while XRP and Solana followed with $30.56 million and $26.46 million, respectively.

Ethereum with a price drop of over 5%, is trading at $2066.30, while Solana dipped by more than 7% to $128.28. And XRP trades at $2.19 with a change of -5.61%.

For more details on XRP’s outlook, visit our Ripple (XRP) Price Prediction 2025, 2026-2030.

Top Gainers & Losers

While the broader market bled, a few tokens managed to post gains. Story IP took the limelight with a 9.61% price surge. Ethena followed with a 5.11% rise, while XAUt held steady with a slight uptick of 0.01%.

On the losing end, JASMY, KAS, and Maker led the losses, with JASMY plummeting by 13.66%, KAS down 12.41%, and MKR slipping 11.75%.

FAQs

What is the price of 1 Bitcoin now?

The price of 1 Bitcoin at the time of writing is $82,506.72.

What are the top gainers in 24 hours?

Story IP (+9.61%), Ethena (ENA) (+5.11%), and XAUt (+0.01%) are the top gainers.

What is the Fear & Greed Index today?

The Fear & Greed Index is at 17, indicating Extreme Fear in the market.