Crypto prices today appear to be recovering, easing some of the pressure that weighed on the market through late December.
Summary
- Crypto markets opened the new year with improved sentiment as post-holiday trading resumed and risk appetite stabilized.
- Derivatives data shows lower leverage and reduced liquidations, suggesting traders are resetting positions rather than chasing short-term momentum.
- Analysts cite ETF flow stabilization and post-tax buying as key drivers
The total crypto market capitalization rose 1.2% to $3.08 trillion on Jan. 2. Bitcoin was trading at $88,678 at press time, up 1.3% over the past 24 hours, as price action remained range-bound but…
