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2 Dec 2025
The total crypto market capitalization is down significantly, driven by a broad "risk-off" sentiment across global markets.
Major Coins (Bitcoin & Ethereum):
Bitcoin (BTC): Is trading lower, having recently fallen below key levels like the $86,000 threshold. It is down around 1-5% over the last 24 hours (note: prices are volatile and change rapidly).
Ethereum (ETH): Is also seeing a sharp drop, roughly down in the 1-5% range as well.
Altcoins:
Many major altcoins like XRP, BNB, Solana (SOL), and Cardano (ADA) are experiencing deeper losses, with some having dropped over 5% or more.
Key News/Catalyst: The latest selling pressure appears to be partly fueled by concerns following an incident at a DeFi platform (Yearn Finance pool breach), which rattled confidence and triggered liquidations of leveraged long positions across the market.