Cryptocurrency Prices on December 18: BTC, XRP, DOGE, and HYPE Decline Following Wall Street Sell-Off

Market Overview: Crypto prices fell, with the total market value dropping to approximately $3.01 trillion, influenced by a pullback in U.S. tech stocks and increased selling pressure from long-term holders.

Price Movements: Bitcoin traded near $86,816, down 0.5%, while Ethereum fell about 3% to $2,838. Major altcoins like XRP and Dogecoin also experienced significant losses.

Market Sentiment: The Crypto Fear & Greed Index remains in "extreme fear" territory, indicating fragile market sentiment, while derivatives markets showed increased liquidations and reduced leverage among traders.

Analyst Insights: Despite short-term volatility, some analysts maintain a positive long-term outlook for Bitcoin, predicting a potential new all-time high as institutional participation grows, while cautioning that the current cycle may be descending toward a low point.