Crypto market is down Jan. 6, yet risk-on sentiment spreads
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.
Summary
- Some of today’s top gainers include Dogwifhat, Sui, IOTA, Lighter, Bittensor, and XRP.
- The rally is happening as futures open interest is accelerating.
- Short liquidations continue accelerating this week.
Some of today’s top gainers include Dogwifhat (WIF), Sui (SUI), IOTA (IOTA), and XRP (XRP), which jumped by over 14% in the last 24 hours. Here’s a look at the trajectory in the…
