IOTA

Solana

Bitcoin

Spot

<p>The crypto market pulled back on Tuesday after weeks of gains, with total market capitalization slipping to $3.2 trillion as Bitcoin fell roughly 2.3% to around $92,000, even as equities hit fresh record highs and futures positioning continued to build across digital assets.</p>
<div id="cn-block-summary-block_00c88d2e8e7a6c3f5bf2c2cb90996a5b" class="cn-block-summary">
 <div class="cn-block-summary__nav tabs">
  <span>Summary</span>
 </div>
 <div class="cn-block-summary__content">
  <ul>
   <li>Some of today’s top gainers include Dogwifhat, Sui, IOTA, Lighter, Bittensor, and XRP.</li>
   <li>The rally is happening as futures open interest is accelerating.</li>
   <li>Short liquidations continue accelerating this week.</li>
  </ul>
 </div>
</div>
<p>Some of today’s top gainers include Dogwifhat (<a href="https://crypto.news/price/dogwifhat/" rel="noopener noreferrer nofollow">WIF</a>), Sui (<a href="https://crypto.news/price/sui/" rel="noopener noreferrer nofollow">SUI</a>), IOTA (<a href="https://crypto.news/price/iota/" rel="noopener noreferrer nofollow">IOTA</a>), and XRP (<a href="https://crypto.news/price/xrp/" rel="noopener noreferrer nofollow">XRP</a>), which jumped by over 14% in the last 24 hours. Here’s a look at the trajectory in the previous seven days:</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>CRYPTOCURRENCY</strong></td>
    <td>PRICE</td>
    <td><strong>7-DAY (+/-)</strong></td>
   </tr>
   <tr>
    <td>Dogwifhat (WIF)</td>
    <td>$0.423</td>
    <td>+50%</td>
   </tr>
   <tr>
    <td>IOTA (IOTA)</td>
    <td>$0.1093</td>
    <td>+30%</td>
   </tr>
   <tr>
    <td>Sui (SUI)</td>
    <td>$1.85</td>
    <td>+30%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
   </tr>
   <tr>
    <td>XRP (XRP)</td>
    <td>$2.23</td>
    <td>+18.8%</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="2026">2026</h2>
<p>Wall Street opened 2026 with momentum, as major U.S. indexes extended gains and the Dow rose nearly 1% to fresh record highs. Commodities also surged, led by silver breaking above $80, platinum and palladium posting sharp gains, and gold and copper climbing to new highs.</p>
<p>The crypto market also jumped as futures open interest continued to surge this week. <a href="https://crypto.news/cardano-price-open-interest-jumps-to-3-month-high/" rel="noopener noreferrer nofollow">Open interest soared</a> to over $145 billion, is the highest point since November 10. It has jumped from the December low of $123 billion. Bitcoin’s (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) open interest rose to over $61.8 billion.&nbsp;</p>
<p>You might also like: <a href="https://crypto.news/crypto-bill-faces-years-long-delay-as-trump-era-conflict-rules-stall-progress/" rel="noopener noreferrer nofollow"> Crypto bill faces years-long delay as Trump-era conflict rules stall progress </a></p>
<ul>
 <li>Crypto prices also jumped as short liquidations continued soaring. Data shows:</li>
 <li>Liquidations soared by 60% to over $434 billion.</li>
 <li>Bitcoin’s short liquidations are worth over $186.65 million</li>
 <li>Ethereum, XRP, and Solana positions are worth over $84 million, $32 million, and $19 million, respectively.</li>
</ul>
<p>Still, investors are piling into crypto-related exchange-traded funds, or ETFs. For example, spot Bitcoin ETFs had over $697 million in inflows on Monday, up from $471 million on Friday. Spot Ethereum ETF inflows added over $168 million, while XRP and Solana added $46 million and $16.2 million, respectively.</p>
<h2 class="wp-block-heading" id="technicals-also-explain-the-crypto-market-rally">Technicals also explain the crypto market rally</h2>
<figure class="wp-block-image size-full">
 <img loading="lazy" width="3574" height="2020" src="https://media.crypto.news/2026/01/Bitcoin-price-1.webp" alt="Bitcoin price">
 <figcaption>
  Bitcoin price chart | Source: <a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">crypto.news</a>
 </figcaption>
</figure>
<p>A closer look shows that technicals also explain why the crypto rally is accelerating. The daily chart shows that the Bitcoin price moved from a low of $80,494 in November to the current $94,100.&nbsp;</p>
<p>Bitcoin has moved above the 61.8% Fibonacci Retracement level.</p>
<p>It has also moved above the 50-day moving average, while the Relative Strength Index and the Stochastic oscillator have continued rising.</p>
<p>Therefore, Bitcoin’s price may spike if it moves above the $94,492 resistance level. Such a move will boost crypto prices over time.&nbsp;</p>
<p>Read more: <a href="https://crypto.news/bitcoin-bulls-shrug-off-venezuela-shock-as-stocks-oil-and-gold-rally/" rel="noopener noreferrer nofollow"> Bitcoin bulls shrug off Venezuela shock as stocks, oil and gold rally </a></p>

Crypto market is down today (Jan. 6) yet risk-on sentiment spreads

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