Crypto markets shed more than $100 billion as major altcoins experienced sharp double-digit declines and Bitcoin dipped below $92,000 on Monday. Ethereum struggled around $3,200 while XRP fell under $2.00. Tokens such as APT, PEPE, and ARB were among the worst performers. Market participants tracked volatility and risk asset selling pressure as total crypto market cap dropped significantly over the last 24 hours.

After a mostly strong start to 2026, the cryptocurrency market took a sharp turn and wiped approximately $100 billion from its market cap in about 12 hours. Total digital asset value fell from around $3.2 trillion to near $3.1 trillion before partial recovery. Major tokens like Bitcoin, Ethereum, and XRP saw notable declines as volatility and liquidation pressure accelerated sell offs.