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Year-end liquidity squeeze weighs on cryptocurrencies across the board
Thin year-end liquidity pushed crypto prices lower, dragging Bitcoin near $87,000 and weighing on major altcoins as market capitalisation slipped below $3 trillion.
Across digital asset markets, prices softened as thin year-end trading volumes amplified downside moves. The global crypto market capitalisation slipped about 2.76 percent to roughly $2.96 trillion, reflecting broader risk off sentiment. Bitcoin traded near $87,331 while Ethereum hovered around $2,952, with both falling close to 2.9 percent over the past 24 hours. Weakness extended to major altcoins including BNB, XRP, Solana, Tron, Dogecoin, Cardano, and Hyperliquid, which declined up to 8 percent.