According to @CoinMarketCap, 2025 featured a violent distribution regime with the total crypto market cap declining 8.2% to about 2.99 trillion USD, source: @CoinMarketCap, Dec 31, 2025. Market sentiment swung from greed to extreme fear during the year, signaling unstable risk appetite, source: @CoinMarketCap, Dec 31, 2025. The market was resilient but prone to macro shocks, highlighting elevated sensitivity to event-driven volatility, source: @CoinMarketCap, Dec 31, 2025. CoinMarketCap described conditions as a choppy grind rather than a clear bull or bear trend, underscoring a range-bound environment vulnerable to macro headlines, source: @CoinMarketCap, Dec 31, 2025.