Cryptocurrencies Move Unevenly as Oil Surges and Dollar Strengthens

what happened

RTTNews, citing dpa-AFX, reports that cryptocurrencies are moving in different directions as the stronger dollar and a sharp oil advance influence market sentiment. The six-currency Dollar Index, which tracks the U.S. currency against a basket of 6 currencies, gained 0.24 percent overnight to 102.45 from 102.21 at the previous close. Rising Middle East tensions lifted crude prices and revived concerns over fuel-driven inflation. December Brent climbed 1.9 percent to 106.75 from 104.72, while WTI jumped 2 percent overnight to $93.70 from $91.85.

Total crypto-market capitalization stands at $2.8 trillion. Bitcoin accounts for 59.3 percent of the market and Ethereum for 11 percent. Liquidations over the past 24 hours totaled $344.36 million, including $191 million in long positions and $153 million in shorts. Bitcoin fell 0.66 percent overnight to $82,572.40 and is down 3.6 percent over the past week. U.S. spot Bitcoin ETFs recorded $21 million in net inflows on Friday, after $244 million in net outflows on Thursday; iShares Bitcoin Trust ETF (IBIT) led with $22 million. Based on the market-capitalization ranking published by companiesmarketcap.com, Bitcoin slipped to 13th place globally, between Saudi Aramco in 12th and Tesla in 14th.

Ethereum gained 0.59 percent to $2,522.69, although it has lost 6.8 percent over the week. Net outflows from U.S. spot Ethereum ETFs were $56 million on Friday, compared with $73 million on Thursday and $161 million on Wednesday, with iShares Ethereum Trust ETF (ETHA) responsible for the entire amount. Ethereum remains 61st in the global companiesmarketcap.com ranking. BNB declined 0.28 percent to $747.05, XRP dropped 1.86 percent to $1.37 and Solana eased 0.23 percent to $109.36. U.S.-listed spot Solana ETFs posted $4 million in net outflows for the second straight day, all from Bitwise Solana Staking ETF (BSOL). TRON rose 0.26 percent to $0.3312, Zcash advanced 2.95 percent to $1,269.14 and Hyperliquid fell 1.73 percent to $84.32.

why it matters

Dollar strength and higher crude prices provide a broader macro backdrop for crypto assets, while ETF flows and liquidation data indicate shifts in investor positioning and market liquidity.

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