Cryptocurrency markets opened the day under broad pressure, with losses accelerating across major sectors as risk sentiment deteriorated sharply. DePIN tokens led the sell-off, sliding nearly 6%, while Bitcoin fell 4% to break below the $86,000 level and Ethereum dropped more than 4% below $3,000. Weakness extended across Layer 1s, Layer 2s, DeFi, PayFi, and CeFi, accompanied by heavy liquidations totaling $583 million over the past 24 hours, overwhelmingly skewed toward long positions. The sharp downturn has pushed market psychology deeper into panic territory, with the Crypto Fear & Greed Index falling to 11, signaling extreme fear.

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The post [LIVE] Crypto News Today: Latest Updates for Dec. 16, 2025 – Bitcoin Drops Under $86,000 as Extreme Fear Deepens Crypto Market Rout appeared first on Cryptonews.

bitcoinBitcoin
$ 58,640.00
$ 58,640.00
0.7%
ethereumEthereum
$ 1,570.99
$ 1,570.99
0.22%
tetherTether
$ 0.998685
$ 0.998685
0.03%
xrpXRP
$ 1.04
$ 1.04
0.03%
bnbBNB
$ 542.82
$ 542.82
0.66%
usd-coinUSDC
$ 0.99964
$ 0.99964
0%

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bitcoin
Bitcoin (BTC) $ 58,640.00
ethereum
Ethereum (ETH) $ 1,570.99
tether
Tether (USDT) $ 0.998685
xrp
XRP (XRP) $ 1.04
bnb
BNB (BNB) $ 542.82
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.99964