The crypto market is starting the new week with modest gains. Over the past 24 hours, Bitcoin has risen by 1.4% to around $91,000. Ethereum is trading above the $3,000 level and is also slightly higher on the day, but it remains below last year’s levels. XRP, by contrast, is down about 1% over the same period and is drifting toward the $2 mark. Total market capitalization has increased by 1.3% compared with the previous day.
Data from the Bitcoin derivatives market currently point to a balanced setup. Funding rates are hovering around 0.5%, showing no signs of excessive leverage. The long-to-short ratio remains stable at 1.45.
In the coming trading days, pressure on some altcoins may come from scheduled token unlocks. In January, token unlocks worth up to $2 billion are expected, including projects such as ONDO, SUI, TRUMP, and UXD. This could lead to heightened volatility, especially among smaller-cap altcoins.
On the macroeconomic front, the market remains in a wait-and-see mode. On Tuesday, January 13, new U.S. inflation data will be released, which are critical for expectations around Federal Reserve interest rate policy and therefore have direct implications for risk assets.
Market sentiment has cooled again in the meantime. The Fear and Greed Index has fallen to 27, remaining in the “fear” zone after briefly climbing to neutral levels last week.
