📢 Crypto Market News – January 01, 2026
Market Overview: Happy New Year, Bulls! Welcome to 2026! The crypto markets have kicked off the year on a high note. The global crypto market cap is holding steady at $3.23 Trillion. While traditional financial markets (TradFi) are closed for the holiday, crypto markets remain active, driven largely by retail traders and automated algorithms.
Bitcoin (BTC) Starts Strong Bitcoin has officially closed the 2025 yearly candle above $90,000, a historically bullish signal.
Current Price: Trading at $91,200.
Outlook: The successful defense of the $90k level into the new year has triggered a wave of "New Year Allocations." Analysts expect institutional inflows to ramp up significantly starting Monday, January 5th.
The "January Effect" Begins With the new tax year officially open in many jurisdictions (including the US and UK), investors who were hesitant to buy in December (to avoid immediate tax events) are now entering the market. This phenomenon, known as the "January Effect," is already pushing up high-beta altcoins.
Ethereum (ETH) Staking Milestone On the first day of the year, Ethereum has hit a new milestone: 35% of the total supply is now staked. This supply shock is creating upward pressure on price, with ETH trading near $3,150. The market is pricing in the upcoming "Verkle Tree" network upgrade.
Asian Markets Lead the Charge Since US and European desks are offline, Asian markets (Tokyo, Seoul, Hong Kong) are driving the volume today. We are seeing heavy buying activity in Gaming and AI tokens from Korean exchanges, setting the trend for the first week of 2026.
