by Coinstrooper Crypto Articles
Quick Take
  • The crypto market is modestly higher today, with total market capitalization rising about 1.4% over the past 24 hours to roughly $3.1 trillion.
  • The crypto market cap rose about 1.4% over the past 24 hours to roughly $3.1 trillion;
  • Major coins traded mixed but mostly higher, with BTC near $88,960;
  • Altcoins outperformed, with Pepe, Monad, and Holoworld posting double-digit gains;

What Happened

Crypto hack losses fell sharply in December, down 60% month-on-month to about $76 million.

The index, which ranges from 0 to 100, tracks a mix of metrics including network activity, investor profitability, Bitcoin demand, and overall market liquidity.

Market Context

The crypto market is modestly higher today, with total market capitalization rising about 1.4% over the past 24 hours to roughly $3.1 trillion. Despite the improvement in prices, trading activity remains relatively soft, with 24-hour volume near $70.6 billion, pointing to selective participation rather than broad risk-on behavior.

The crypto market cap rose about 1.4% over the past 24 hours to roughly $3.1 trillion;

CryptoQuant says Bitcoin may already be two months into a bear market;

Market sentiment remains cautious, with the Fear and Greed Index at 34;

There was no US spot ETF data on Jan. 1 due to market closure;

Performance across the top cryptocurrencies by market capitalization is mixed, though most large caps are holding near recent ranges.

Bitcoin (BTC) is trading around $88,960, little changed on the day, but still up about 1.5% over the past 24 hours.

Ethereum (ETH) is slightly lower on the hour but higher on the day, trading near $3,024 after gaining roughly 1.6% in the last 24 hours and extending its weekly advance.

BNB (BNB) is among the stronger large-cap performers, rising about 1% to $867, while Solana (SOL) is up roughly 2.5% on the day, trading near $127.3 and outperforming several peers.

Meanwhile, Bitcoin may have already slipped into a bear market roughly two months ago, according to CryptoQuant’s head of research, Julio Moreno, who points to a cluster of technical and on-chain indicators that turned bearish in early November and have yet to recover.

Bitcoin Holds $88K as 2026 Opens With Light Volume and Rising Risk Appetite

Why It Matters

Ethereum could rally toward $3,200 and has downside risk back to $2,800;

Moreno said the majority of signals behind CryptoQuant’s bull score index have been flashing warning signs for weeks.

Details

TLDR:

Major coins traded mixed but mostly higher, with BTC near $88,960;

Altcoins outperformed, with Pepe, Monad, and Holoworld posting double-digit gains;

Bitcoin’s key support is at $88,000 and resistance near $92,000;

Crypto Winners & Losers

XRP (XRP) is modestly higher, gaining around 1.7% to $1.87, while TRON (TRX) has added about 0.3%, holding near $0.285.

Dogecoin (DOGE) stands out as one of the stronger movers in the top 10, jumping more than 8% to trade around $0.128.

Outside the majors, activity is more pronounced. Among trending tokens, Lighter has gained nearly 8%, while Pepe is up close to 25%, extending its recent momentum. Monad is also higher, posting gains of more than 17%.

Among the top gainers overall, Holoworld leads with a surge of over 30%, followed closely by River and Clash of Lilliput, both posting gains above 25% in the past 24 hours.