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 .
![[LIVE] Crypto News Today: Latest Updates for Dec. 16, 2025 – Bitcoin Drops Under $86,000 as Extreme Fear Deepens Crypto Market Rout](https://resources.cryptocompare.com/news/52/55856417.jpeg "[LIVE] Crypto News Today: Latest Updates for Dec. 16, 2025 – Bitcoin Drops Under $86,000 as Extreme Fear Deepens Crypto Market Rout")
