📈 Crypto Market News – January 30, 2026
- Market Overview: Month-End Volatility It is the final trading day of January, and markets are bracing for "Month-End Rebalancing." The global crypto market cap stands strong at $3.50 Trillion.
Flows: Institutional portfolio managers are adjusting their allocations today to lock in January's profits, which typically creates choppy price action during the US session closes.
- Bitcoin (BTC) Eyes Bullish Monthly Close Bitcoin is trading at $96,800, just shy of the $97k mark.
Significance: Traders are hyper-focused on the monthly candle close (UTC midnight). A close above $95,000 would historically signal a continuation of the bull run into February, confirming a massive "Green Month."
- Options Expiry Event A massive batch of monthly Bitcoin and Ethereum options contracts (worth billions in notional value) expires today on Deribit.
Effect: The "Max Pain" price is lower than the current spot price, leading to potential short-term selling pressure as market makers unhedge their positions. However, once expiry passes at 08:00 UTC, volatility usually resolves to the upside.
- Solana (SOL) Usage Spike Solana daily active addresses have hit a monthly high today.
Driver: A new "Consumer App" (a decentralized social media platform) launched on Solana yesterday and has gone viral, driving thousands of new users to download Phantom wallets and acquire SOL for gas.
- Layer 2 Wars: Base vs. Arbitrum The rivalry between Ethereum Layer 2s is heating up.
Data: Base has flipped Arbitrum in daily transaction volume for the first time this week.
Narrative: Coinbase's integration of Base into their main app is proving to be a massive "onboarding funnel" for retail users, shifting the dominance in the L2 sector.