The crypto market saw broad declines over the past 12 hours, with
BTC down 4.4% to $97,474 and
ETH falling 9.3% to $3,144, pressured by renewed ETF outflows and weak risk sentiment. Altcoins also dropped sharply;
MYX fell 13.6%,
ARB 11.7%, and
FET 12.6%.
ZEC outperformed with a smaller 4.0% loss, while
SOON was relatively stable at -0.3%. The downturn was driven by institutional outflows, risk-off flows, and sector-wide deleveraging.