OP plunged 23% in the last 24 hours to a fresh all-time low after reports that Base is distancing itself from Optimism. Heavy selling has overwhelmed recent buying interest and deepened an already fragile downtrend.
PEPE’s trading volume surged 283% over the past 24 hours as capital rotates into high-beta memecoins, reigniting speculative interest across the sector. The spike underscores renewed appetite for risk but also raises volatility concerns for traders.
Ethereum slid nearly 29% over the past week to trade under $2,000 — its weakest level in nine months — though short-term rebound signals have begun to show. Market participants are watching to see if the bounce holds.
Investor Michael Burry warned of a possible 'death spiral' after tokenized silver futures posted one of the sharpest losses in crypto, with liquidations overtaking usual leaders Bitcoin and Ether. The move highlights growing volatility in tokenized commodity markets and contagion risk for crypto portfolios.
On Jan. 20 altcoins plunged in a sharp sell-off that briefly knocked combined market capitalization down to $1.26 trillion before a modest rebound. Traders blamed fresh geopolitical shocks for the risk-off move that erased billions in value over 48 hours.
Dogecoin jumped about 9% as buyers pushed prices through a recent downtrend, with similar gains seen in other meme coins like Pepe. The move highlights renewed speculative enthusiasm even as the broader crypto market remains choppy and mixed.
CoinGecko is reportedly exploring a sale that could value the crypto market-data firm near $500 million and has engaged Moelis as adviser, according to sources. The move comes as dealmaking across the crypto sector accelerates.
Shiba Inu trading volume plunged 52% during the Asian session on Wednesday while the token slid nearly 5% over 24 hours amid broader market selling. The sudden fall in turnover raises questions about short-term demand for meme coins.
FOMC minutes show policymakers expect rate cuts only in 2026, triggering renewed selling pressure across Bitcoin and altcoins. Markets enter the New Year with higher-for-longer rates weighing on crypto liquidity and risk appetite.
The S&P 500 climbed to a record 6,900 on Tuesday while the total crypto market cap remains below $3 trillion, underscoring a widening performance gap between equities and digital assets.