Why Is Crypto Down Today? – January 16, 2026

The crypto market is down at present. The cryptocurrency market capitalisation has decreased by 0.9% over the previous 24 hours to $3.33 trillion. At the time of writing, 88 of the highest 100 cash have posted value drops. Also, the full crypto buying and selling quantity stands at $131 billion.

Crypto Winners & Losers

Nine of the highest 10 cash per market capitalisation have seen their costs fall over the previous 24 hours, as of Friday morning (UTC).

decreased by 0.3%, now buying and selling at $3,315. This is among the many lowest drops within the class.

The highest fall on this timeframe is Dogecoin (DOGE)’s 2.6%, at present standing at $0.14.

XRP follows with a 1% lower to the worth of $2.08.

The solely improve is Tron (TRX)’s 0.5%, buying and selling at $0.308.

Of the highest 100 cash per market cap, 88 are down at present.

The highest drop on this class is 7.7% by Zcash (ZEC) to the worth of $409.

Aptos (APT) is subsequent on the listing, having dropped by 5.8% and buying and selling at $1.8.

The relaxation are down 4.5% and fewer per coin.

As for the inexperienced cash among the many high 100, Dash (DASH) was the winner with a 15.9% rise, at present standing at $95.5.

MemeCore (M) and Pump.fun (PUMP) adopted with will increase of 6.4% and 6.1% to $1.64 and $0.002912, respectively.

The relaxation are up 3% and fewer per coin.

Meanwhile, South Korea took a large step in direction of formalising blockchain-based capital markets. The nation’s lawmakers moved ahead with a chunk of laws that established a authorized framework for issuing and buying and selling tokenised securities.

Under the revised framework, the Electronic Securities Act permits eligible issuers to create tokenised securities utilizing blockchain infrastructure. At the identical time, Amendments to the Capital Markets Act permit these merchandise to be traded as funding contract securities by means of brokerages and different licensed intermediaries.

No Stalling For Bitcoin

According to Ruslan Lienkha, chief of markets at YouHodler, Bitcoin is at present undervalued, because it has proven a transparent divergence from different danger property over the previous few months, significantly U.S. equities.

“Given Bitcoin’s inherent volatility, such divergences do happen however are usually non permanent. The latest value motion means that BTC is now shifting towards a fairer valuation, nearer to its earlier all-time highs, quite than working forward of fundamentals.”

Lienkha added that he doesn’t count on “extended stalling at present ranges.” It’s extra seemingly that BTC will both retest the $90,000 space or transfer increased towards $100,000.

“From a technical perspective, $100,000 represents the following important resistance stage, whereas the $90,000 zone would act as the closest significant assist within the occasion of a pullback,” Lienkha writes.

Moreover, Lienkha argued that BTC might proceed to shut the efficiency hole if US fairness indices proceed buying and selling close to all-time highs. This would replicate “sturdy investor confidence and comparatively supportive monetary circumstances.” It may result in BTC shifting in direction of its earlier ATH. Additionally, durations of sustained energy in equities have traditionally “typically offered a beneficial backdrop for Bitcoin.”

Lienkha concluded: “ETF flows primarily replicate broader market sentiment quite than appearing as an unbiased driver of value motion, as a good portion of ETF buyers are retail members just like these investing instantly in Bitcoin. While sentiment and, due to this fact, short-term momentum can shift rapidly, such adjustments are unlikely to materially alter Bitcoin’s long-term basic trajectory.”

Levels & Events to Watch Next

At the time of writing on Friday morning, BTC was altering palms at $95,702. It started the day with a climb to the high of $97,097, then plunged to the $95,500 zone and tried to get well the intraday high once more. However, it fell to the low of $95,132, buying and selling sideways since.

Over the previous week, BTC appreciated 5.7%, shifting inside the $90,014-$97,538 vary.

Should the worth fall under $93,000, it might proceed lowering in direction of $90,000. However, holding the $95,500 stage might open doorways for one more push in direction of $100,000.

At the identical time, Ethereum was buying and selling at $3,315. The coin began the day on the intraday high of $3,378 however quickly dropped to the low of $3,278. It has continued buying and selling within the $3,282-$3,234 vary.

ETH has elevated by almost 7% over the previous 7 days. The lowest level on this interval was $3,068, whereas the very best stood at $3,379.

A break above $3,300 could also be a chance for the coin to reclaim the $3,500 and $3,630 ranges. On the opposite hand, a lower might imply a value drop in direction of the $3,100-$3,150 vary.

Meanwhile, the crypto market sentiment has seen a slight lower, as is to be anticipated given the market crop.

The crypto worry and greed index stands at 50 this morning, in comparison with 54 on the similar time yesterday. It continues to be firmly located inside the impartial zone.

This drop indicated a rise in warning, although there’s nonetheless confidence that the costs will see one other surge within the close to time period.

ETFs Post Fourth Day of Inflows

On Thursday, 15 January, the US BTC spot exchange-traded funds (ETFs) recorded a fourth straight day of constructive flows, including $100.18 million, considerably decrease than the almost $844 million a day prior. The whole web influx at present stands at $58.22 billion.

We’re seeing outflows once more, after a number of days of inflows completely. Three of the twelve ETFs posted constructive flows, whereas two recorded outflows.

BlackRock took in $315.79 million, adopted by Bitwise and Valkyrie with $6.74 million and $2.96 million, respectively. On the opposite hand, Fidelity let go of $188.89 million, adopted by Grayscale’s $36.43 million.

Furthermore, the US ETH ETFs posted inflows as nicely. On 15 January, these totalled $164.37 million. This can be its fourth day of constructive flows in a row and, in contrast to BTC ETFs, there wasn’t a big drop within the whole quantity between the times. With this newest quantity added, the full web influx moved as much as $12.91 billion.

Also in contrast to BTC ETFs, ETH ETFs posted no outflows. Nonetheless, solely two of the 9 funds noticed inflows, in comparison with six a day earlier.

BlackRock is on the high once more with $149.16 million in constructive flows, adopted by Grayscale’s inflows of $15.21 million on the identical day.

Meanwhile, in different information, Megatel Homes, a privately held house builder within the US, has acquired a “no-action” letter from the US Securities and Exchange ‌Commission (SEC), which permits it to launch a universal payments token.

With this, the corporate introduced the launch of a crypto funds and rewards token dubbed “MegPrime.” The token turns on a regular basis spending into unified rewards, enabling households to earn a portion of the cash they’d spent.

Quick FAQ

1. Did crypto transfer with shares at present?

The crypto market posted a drop during the last 24 hours. On the opposite hand, the US inventory market closed increased on Thursday, after two straight days of losses. By the closing time on 15 January, the S&P 500 was up 0.26%, the Nasdaq-100 elevated by 0.32%, and the Dow Jones Industrial Average rose by 0.6%. TradFi members absorbed the newest batch of financial knowledge and financial institution earnings experiences.

2. Is this drop sustainable?

For now, a dip is no surprise nor unusual. What’s extra, it’s typical and anticipated after a number of days of positive factors. Moreover, the present lower is minor. While the loss could broaden over the weekend, analysts argue that the costs will return up as we’re nonetheless buying and selling inside a comparatively tight vary.

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