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.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.

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.

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.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.

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.