Why Is Crypto Down Today? – January 1, 2026
The crypto market is slightly lower today, with the total cryptocurrency market capitalization down 0.8% over the past 24 hours, now standing at around $3.06 trillion. Despite the pullback, the market has managed to hold above the $3 trillion level. At the same time, total crypto trading volume over the past day is approximately $87.6 billion.
TLDRs:
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The crypto market cap slipped 0.8% over the past 24 hours to about $3.06 trillion;
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Most large-cap coins traded lower, though losses were modest across the top 10;
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Crypto sentiment remains cautious, with the Fear and Greed Index at 31 in the fear zone;
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US BTC spot ETFs recorded $348.1 million in net outflows on Dec. 31;
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US ETH spot ETFs also saw outflows of $72.1 million;
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Analysts…




