The crypto market retreated on Tuesday after weeks of gains, with the total market cap falling to $3.2 trillion, while Bitcoin fell roughly 2.3% to around $92,000, even as stocks hit new all-time highs and futures positioning continued to build for digital assets.
Summary
- Some of today’s biggest winners include Dogwifhat, Sui, IOTA, Lighter, Bittensor, and XRP.
- The rally is taking place as futures open interest accelerates.
- The number of short liquidations continues to increase this week.
Some of today’s biggest winners include Dogwifhat (WIF), Sui (SUI), IOTA (IOTA), and XRP (XRP), which are up more than 14% in the past 24 hours. Here’s a look at the trajectory over the past seven days:
| CRYPTOCUT | PRICE | 7 DAYS (+/-) |
| Dog hat (WIF) | $0.423 | +50% |
| IOTA (IOTA) | $0.1093 | +30% |
| Sui (SUI) | $1.85 | +30% |
| XRP (XRP) | $2.23 | +18.8% |
2026
Wall Street opened 2026 with momentum as major US indexes extended their gains and the Dow Jones rose nearly 1% to new record highs. Commodities also rose, led by silver breaking above $80, platinum and palladium posting sharp gains, and gold and copper rising to new highs.
The crypto market also jumped as open interest on futures continued to rise this week. Open interest rose to more than $145 billion, the highest since November 10. Interest rates have risen from a low of $123 billion in December. Bitcoin (BTC) open interest rose to over $61.8 billion.
- Cryptocurrency prices also rose as short liquidations continued to rise. Data shows:
- The number of liquidations increased by 60% to more than $434 billion.
- Bitcoin short liquidations are worth more than $186.65 million
- Ethereum, XRP and Solana holdings are worth over $84 million, $32 million and $19 million respectively.
Still, investors are piling into crypto-related exchange-traded funds, or ETFs. Spot Bitcoin ETFs, for example, had inflows of more than $697 million on Monday, compared to $471 million on Friday. Spot Ethereum ETF inflows added over $168 million, while XRP and Solana added $46 million and $16.2 million, respectively.
Technical data also explains the crypto market’s rally
A closer look reveals that technical data also explains why the crypto rally is accelerating. The daily chart shows that the Bitcoin price has risen from a low of $80,494 in November to the current $94,100.
Bitcoin has risen above the Fibonacci Retracement level of 61.8%.
The price has also risen above the 50-day moving average, while the Relative Strength Index and the Stochastic Oscillator have continued to rise.
Therefore, Bitcoin price may rise if it moves above the USD 94,492 resistance level. Such a move will boost crypto prices over time.
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