{"id":19320,"date":"2026-01-06T20:22:15","date_gmt":"2026-01-06T20:22:15","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-market-is-down-today-jan-6-yet-risk-on-sentiment-spreads\/"},"modified":"2026-01-06T20:22:21","modified_gmt":"2026-01-06T20:22:21","slug":"crypto-market-is-down-today-jan-6-yet-risk-on-sentiment-spreads","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-market-is-down-today-jan-6-yet-risk-on-sentiment-spreads\/","title":{"rendered":"Crypto market is down today (Jan. 6) yet risk-on sentiment spreads"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">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>\n<div id=\"cn-block-summary-block_00c88d2e8e7a6c3f5bf2c2cb90996a5b\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Some of today\u2019s top gainers include Dogwifhat, Sui, IOTA, Lighter, Bittensor, and XRP.<\/li>\n<li>The rally is happening as futures open interest is accelerating.<\/li>\n<li>Short liquidations continue accelerating this week.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Some of today\u2019s top gainers include Dogwifhat (WIF), Sui (SUI), IOTA (IOTA), and XRP (XRP), which jumped by over 14% in the last 24 hours. Here\u2019s a look at the trajectory in the previous seven days: <\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>CRYPTOCURRENCY<\/strong> <\/td>\n<td>PRICE<\/td>\n<td><strong>7-DAY (+\/-)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Dogwifhat (WIF)<\/td>\n<td>$0.423<\/td>\n<td>+50%<\/td>\n<\/tr>\n<tr>\n<td>IOTA (IOTA)<\/td>\n<td>$0.1093<\/td>\n<td>+30%<\/td>\n<\/tr>\n<tr>\n<td>Sui (SUI)<\/td>\n<td>$1.85<\/td>\n<td>+30%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n<tr>\n<td>XRP (XRP)<\/td>\n<td>$2.23<\/td>\n<td>+18.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<h2 class=\"wp-block-heading\">2026<\/h2>\n<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>\n<p>The crypto market also jumped as futures open interest continued to surge this week. Open interest soared to over $145 billion, is the highest point since November 10. It has jumped from the December low of $123 billion. Bitcoin\u2019s (BTC) open interest rose to over $61.8 billion.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<ul class=\"wp-block-list\">\n<li>Crypto prices also jumped as short liquidations continued soaring. Data shows: <\/li>\n<li>Liquidations soared by 60% to over $434 billion. <\/li>\n<li>Bitcoin\u2019s short liquidations are worth over $186.65 million<\/li>\n<li>Ethereum, XRP, and Solana positions are worth over $84 million, $32 million, and $19 million, respectively.<\/li>\n<\/ul>\n<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>\n<h2 class=\"wp-block-heading\">Technicals also explain the crypto market rally<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Bitcoin price chart | Source: crypto.news<\/figcaption><\/figure>\n<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.\u00a0<\/p>\n<p>Bitcoin has moved above the 61.8% Fibonacci Retracement level. <\/p>\n<p>It has also moved above the 50-day moving average, while the Relative Strength Index and the Stochastic oscillator have continued rising. <\/p>\n<p>Therefore, Bitcoin\u2019s price may spike if it moves above the $94,492 resistance level. Such a move will boost crypto prices over time.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=19320"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19320\/revisions"}],"predecessor-version":[{"id":19321,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19320\/revisions\/19321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15282"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=19320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=19320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=19320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}