Meanwhile, the cryptocurrency market remained in bearish territory as Bitcoin (BTC), Ethereum (ETH), and other tokens extended their losses. Investors pulled back funds ahead of key US economic data, driving BTC below $86,000.
Husky Inu (HINU) Completes Latest Price Increase
However, the project is struggling to raise funds, with fundraising virtually grinding to a halt. The project has raised $905,549 so far, as investors remain wary and adopt a wait-and-watch approach. Husky Inu crossed the $750,000 milestone on May 16 and the $800,000 milestone on June 15. It reached the $850,000 milestone in July and crossed $900,000 in October. The project’s official launch date is under four months away, but the team has not ruled out moving the launch to an earlier or later date. The team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third is scheduled for January 1, 2026.
Crypto Market Extends Losses, Bitcoin (BTC) Below $86,000
The cryptocurrency market extended its losses as investors cut exposure to risk assets before key US economic data due this week. Most sectors faced mounting losses, with some tokens registering double-digit declines over the past 24 hours. Markets also witnessed liquidations totaling $583 million, with a majority of them being long positions. The downturn has pushed the market back into “extreme fear” with the Crypto Fear & Greed Index plunging to 11.
Bitcoin (BTC), which traded above $90,000 on Monday, turned bearish as bearish sentiment intensified. The flagship cryptocurrency fell to a low of $85,337 before reclaiming $86,000 and moving to its current level. BTC is down over 4%, trading around $86,104. Meanwhile, Ethereum (ETH) registered a significantly larger decline, with the price slipping below the key $3,000 level. The world’s second-largest cryptocurrency traded around $3,150 on Monday but lost momentum and fell to a low of $2,980 on Tuesday. The altcoin fell by over 6% in the past 24 hours, trading around $2,929.
Ripple (XRP) slipped below $2 and is down almost 6% at $1.87. Meanwhile, Solana (SOL) is down nearly 5%, trading around $125, and Dogecoin (DOGE) is down 5.48% at $0.128. Cardano (ADA) is also trading in bearish territory, down 5%, while Chainlink (LINK) is down over 6% at $12.72.
Stellar (XLM), Hedera (HBAR), Toncoin (TON), Litecoin (LTC), and Polkadot (DOT) have also registered substantial declines over the past 24 hours. As a result, the crypto market cap is down nearly 4% at $2.94 trillion. 24-hour trading volume is up 27% at $119 billion.
