by Coinstrooper Crypto Articles
Quick Take
  • The crypto market is steady today, with the global cryptocurrency market capitalization ticking up by 0.1% to $3.99 trillion.
  • Meanwhile, the total crypto trading volume over the last 24 hours stands at $175 billion.
  • BTC is at $113,020 (+0.25%) and ETH at $4,196.93 (-0.13%);
  • Analyst Shawn Young warns of macro fragility after $1.5B in liquidations;

What Happened

TLDR:

BTC is at $113,020 (+0.25%) and ETH at $4,196.93 (-0.13%);

Six of the top 10 coins are down in the last 24h;

Market Context

The crypto market is steady today, with the global cryptocurrency market capitalization ticking up by 0.1% to $3.99 trillion. Meanwhile, the total crypto trading volume over the last 24 hours stands at $175 billion.

The crypto treasury boom is faltering, as several firms begin debt-funded share buybacks to counter collapsing stock prices.

At the time of writing, six of the top 10 cryptocurrencies by market capitalization are in the red over the past 24 hours.

Bitcoin (BTC) is up 0.1%, currently trading at $112,989, but remains down 2.2% for the week.

Among the trending tokens, Aster led the pack with a 9.2% gain, trading at $1.73, followed by OG, which rose 2.9% to $5.52. In contrast, Undeads Games saw a pullback, dropping 5.2% to $1.60, making it the biggest loser in the trending category.

On the top gainers list, AI Companions stood out with a staggering 181.4% surge. It was followed by A Hunters Dream, which jumped 83.2%, and Hemi, up 54.3%, all signaling strong short-term momentum among low-cap altcoins.

Meanwhile, Bitcoin researcher Axel Adler Jr noted that while Monday’s large long liquidations point to bearish market pressure, the overall liquidation frequency remains low, suggesting only a medium risk of further downside.

Why It Matters

BTC must hold $112K or risk sliding to $107K;

Liquidation Flush Exposes Fragility, But May Clear Path for BTC Recovery

Details

Analyst Shawn Young warns of macro fragility after $1.5B in liquidations;

ETH is facing key support at $4,000;

The CMC Fear & Greed Index dropped to 40, down from 56 last month;

US BTC ETFs saw $363.17M in outflows on Sept. 22;

US ETH ETFs followed suit with $75.95M in outflows;

Crypto Winners & Losers

Ethereum (ETH) rose 0.3% on the day to $4,197, though it’s still down 7.0% over 7 days.

XRP (XRP) recorded the biggest daily gain among majors, rising 1.8% to $2.87.

BNB (BNB) also performed strongly, climbing 1.9% to $1,000.34, with a 7.8% weekly gain.

Solana (SOL) is down 1.2% to $218.78, making it the biggest daily loser in the top 10.

TRON (TRX) fell by 0.5% to $0.3379, extending its weekly drop to 2.2%.

Following Monday’s sharp sell-off, MEXC Chief Analyst Shawn Young said the $1.5 billion in leveraged liquidations underscored how quickly speculative excess can collapse when fundamentals lag.