Gate Research: Crypto Market Cap Falls Below $2.1 Trillion as Market Leverage Continues to Decline

• Market Commentary: BTC and ETH remained weak and range-bound, leaving major assets broadly under pressure. Risk appetite in the altcoin market continued to deteriorate, with the Crypto Fear & Greed Index falling to 12. Localized opportunities were largely concentrated in a few countertrend narratives and high-beta assets, making the current market better suited to light positioning and fast-paced trading.
• Key Data: Crypto ETFs recorded roughly $87.9 million in net outflows in a single day, though total assets under management still held around $95.99 billion. Meanwhile, derivatives open interest fell to about $410.9 billion and 24-hour trading volume dropped to roughly $98.4 billion, reflecting a further contraction in overall market leverage.
• This Week's Focus: The market remained in a choppy correction, with total capitalization falling below $2.1 trillion. Institutional capital stayed cautious, and ETF flows over the past 30 days remained predominantly negative. With limited fresh catalysts in the market, prices are likely to stay in a range-bound consolidation phase in the near term.
• Next Week to Watch: The market is expected to see about $102 million in token unlocks over the next seven days, led by H, SAHARA, and SUI. Several projects carry relatively high unlock ratios, so investors should watch closely for the impact that new circulating supply could have on sentiment and price volatility.

Discover more details today → Gate Research: Crypto Market Cap Falls Below $2.1 Trillion as Market Leverage Continues to Decline

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
June 25, 2026

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