Quick Take
  • Despite the pullback, the market has managed to hold above the $3 trillion level.
  • At the same time, total crypto trading volume over the past day is approximately $87.6 billion.
  • The crypto market cap slipped 0.8% over the past 24 hours to about $3.06 trillion;
  • Most large-cap coins traded lower, though losses were modest across the top 10;

What Happened

A US federal judge dismissed a crypto investor lawsuit against Mark Cuban and the Dallas Mavericks.

Market Context

The crypto market is slightly lower today, with the total cryptocurrency market capitalization down 0.8% over the past 24 hours, now standing at around $3.06 trillion. Despite the pullback, the market has managed to hold above the $3 trillion level. At the same time, total crypto trading volume over the past day is approximately $87.6 billion.

The crypto market cap slipped 0.8% over the past 24 hours to about $3.06 trillion;

Most large-cap coins traded lower, though losses were modest across the top 10;

Analysts expect Bitcoin gains in 2026 to be steadier, supported by easing Fed liquidity but tempered by high rates;

At the time of writing, price action among the top assets is mixed, though the majority of large-cap coins are trading in the red on a 24-hour basis.

Bitcoin (BTC) is down about 1.2% over the past 24 hours, trading near $87,735.

Ethereum (ETH) is showing relative strength compared with the broader market, slipping just 0.1% to around $2,981, making it one of the smallest decliners among the top 10.

Solana (SOL) has fallen roughly 1% in the last 24 hours and is currently trading at $124.87, while BNB is down close to 0.9% to $859.65.

Tron (TRX) stands out for its relative resilience, posting a 0.7% gain over the past 24 hours to trade at $0.2849, making it one of the few large-cap assets in positive territory.

Meanwhile, several of the crypto industry’s most prominent figures saw their personal fortunes shrink sharply in 2025, as a violent market reversal in October wiped out gains accumulated earlier in the year.

Fed Liquidity and Lower Rates Could Support Bitcoin Gains in 2026

Bitcoin could benefit in 2026 as easing U.S. monetary policy injects fresh liquidity into markets, according to Abra CEO Bill Barhydt. He said early signs of renewed Federal Reserve bond buying and falling interest rates, which he described as “quantitative easing light,” are typically supportive for risk assets, including Bitcoin.

Why It Matters

ETH is stabilising above $2,900, with recovery possible above $3,100 and downside risk below $2,800;

Details

TLDRs:

Crypto sentiment remains cautious, with the Fear and Greed Index at 31 in the fear zone;

US BTC spot ETFs recorded $348.1 million in net outflows on Dec. 31;

US ETH spot ETFs also saw outflows of $72.1 million;

BTC is consolidating between roughly $85,000 and $88,000, with key support near $80,000 and resistance above $92,000;

Crypto Winners and Losers

XRP (XRP) has also declined by about 1%, changing hands at $1.85. Dogecoin (DOGE) is among the weaker performers in the top 10, sliding around 2.1% to $0.1205.

Outside the majors, some smaller tokens are seeing sharp moves. Bitlight is leading the gainers with a surge of more than 120%, while Collect on Fanable and Everlyn have also posted strong double-digit gains.

On the downside, Lighter is the biggest loser among trending tokens, dropping more than 8% on the day.

Michael Saylor, executive chairman of Strategy, lost $2.6 billion over the past 12 months, reducing his net worth to $3.8 billion.