Gate.io News Bot Message, January 1, 2026, according to CoinMarketCap market data, the crypto market continued its correction trend at year-end. Liquidity dried up further, and profit-taking pressures persisted, causing most mainstream coins to decline. The following are the top five cryptocurrencies by decline over the past 24 hours:
1️⃣ NIGHT (Midnight)
📉 Current Price: $0.86 | Decline: -10.26%
📊 24H High/Low: $0.95 / $0.85 | Market Cap: $143 million
⚠️ Although Cardano founder is strongly promoting Midnight’s strategic vision of integrating XRP DeFi, Ripple CTO also publicly acknowledged this privacy sidechain project, market still has doubts about long-term implementation. Recently, Gate Launchpool’s large airdrop released liquidity pressure, some profit-takers chose to cash out, leading to short-term correction. Year-end liquidity shortage further amplified the decline.
2️⃣ INJ (Injective)
📉 Current Price: $4.20 | Decline: -6.29%
📊 24H High/Low: $4.49 / $4.18 | Market Cap: $420 million
⚠️ Although within the ecosystem, HodlHer completed $1.5 million funding, and the prospects of AI agent Web3 operating system gained recognition, investor risk appetite declined, and market liquidity dried up, causing Injective to follow the broader market adjustment. The quiet trading environment at year-end increased downward pressure.
3️⃣ ADA (Cardano)
📉 Current Price: $0.33 | Decline: -5.59%
📊 24H High/Low: $0.35 / $0.33 | Market Cap: $11.955 billion
⚠️ Despite technical signals showing bullish divergence and daily RSI forming higher lows, the decline was driven by liquidity drying up at year-end, profit-taking pressure, and regulatory uncertainties. Cardano founder’s comments on Solana’s development speed also indirectly reflect market concerns about ADA’s competitiveness.
4️⃣ LIT (Lighter)
📉 Current Price: $2.49 | Decline: -5.33%
📊 24H High/Low: $2.81 / $2.32 | Market Cap: $623 million
⚠️ LIT just completed its tenth largest historical airdrop on December 30 (worth $675 million). The new token faced typical “listing and immediate sell-off” pattern. Many early airdrop profit-takers cashed out, large holders like Jump Crypto gradually offloaded, and holiday effects led to insufficient market absorption, making it difficult to digest selling pressure.
5️⃣ PIPPIN (pippin)
📉 Current Price: $0.39 | Decline: -5.19%
📊 24H High/Low: $0.41 / $0.36 | Market Cap: $392 million
⚠️ As a new token issued in 2025, PIPPIN is heavily affected by systemic risks in the altcoin sector. Market data shows 84.73% of altcoins are trading below their TGE issuance price, with capital continuing to flow out. Although PIPPIN experienced a short-term rise due to short squeeze, year-end liquidity contraction broke the fragile balance. High concentration of holdings (93 wallets control 80% of supply) further amplifies volatility risk.
📉 Market Summary
The overall crypto market is currently in a year-end correction phase, with liquidity significantly dried up and risk appetite continuously declining. Mainstream coins like Bitcoin and Ethereum also declined in tandem, dragging the total market cap down by approximately 2.66%. Light trading activity, holiday effects, profit-taking pressures, and derivatives liquidation risks all contributed to increased market volatility. Newly launched projects (LIT, PIPPIN) performed worse due to airdrop sell-offs and concentrated holdings, while traditional strong coins (ADA, INJ, NIGHT) have fundamental support but also face difficulties. Investors should be cautious of year-end liquidity risks, control positions prudently, and avoid slippage losses in low-liquidity environments.
⚠️ Risk Warning: This market update is based on real-time data reflecting market adjustments and is for informational purposes only. It does not constitute any investment advice. The cryptocurrency market is highly volatile; year-end liquidity shortages may lead to significant price swings and slippage risks. Investors should fully understand market risks, make cautious decisions, act within their means, and avoid blindly chasing gains or selling in panic. This message is not investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Today’s News: Institutional funds return, circulating inflow of 120 million exceeds Bitcoin
This week, XRP recorded a $119.6 million capital inflow, setting the highest mark since 2025 and becoming a major beneficiary in the crypto market. This round of funds returning was mainly driven by greater clarity in regulatory policy and XRP’s real-world use in cross-border payment infrastructure. Technically, it shows an initial recovery, but overall it is still in a downward channel. The support and resistance levels are $1.31 and $1.40, respectively; if it breaks through, it is expected to reach $1.50.
MarketWhisper2h ago
XRP drops to $1.33, with $3.32 million in ETF inflows still failing to reverse the downtrend; the key support to watch is $1.28
In April 2026, the XRP price pulled back to $1.33, down about 4%. Although there was capital inflow into Ripple-related products, selling pressure dominated the market, and increased trading volume signaled distribution. Declining liquidity further heightens volatility risk; watch the $1.33 support—if it breaks, prices will likely fall further. For a short-term rebound, it needs to break above $1.35; otherwise, it should remain in a weak range-bound consolidation.
GateNews2h ago
XRP Price Structure Signals More Downside — Key Levels to Watch
XRP fails to make new highs, confirming bearish market structure remains intact.
Price targets $1.13, $1.08, and potentially $0.87 support levels.
Traders should wait for confirmation instead of reacting to short-term price moves.
Short bursts of green candles can quickly shift market
CryptoNewsLand2h ago
Bitcoin is hovering around the $700,000 level; if oil prices fall below $100 or push toward $80,000
Bitcoin has recently been trading in a high-level range. The price rebounded from $67,000 to $70,900, driven by a U.S.-Iran ceasefire agreement. Market analysis suggests that weakness in oil prices—or easing inflation pressure—may support Bitcoin’s upside. If it breaks above $72,500, it could trigger short liquidations and push the price up to $80,000. However, instability in the Middle East and a rebound in oil prices could act as a drag. Volatility in the energy market will be a key factor influencing Bitcoin’s direction.
GateNews2h ago
Tom Lee: The stock market often hits bottom early in a war, bullish on Ethereum and tech stocks
Well-known analyst Tom Lee said in an interview that despite the U.S.-Iran conflict and rising oil prices, the stock market did not fall, showing that the market has strong resilience. He believes that most S&P constituents have undergone significant adjustments, that the worst-case scenario for the overall market may already be behind us, and that there is room for upside from here. He is bullish on Ethereum as well as technology, industrial, and mid- and small-cap stocks.
GateNews3h ago
Michael Saylor: Bitcoin may have already hit bottom, but quantum risks have been exaggerated
Strategy Executive Chairman Michael Saylor believes Bitcoin hit its bottom around $60,000 this February, because all forced sellers in the market have already exited. He said that the catalyst for the next bull market will be a bitcoin-based banking credit system, while he believes the threat from quantum computing is being exaggerated, and he pointed out that the technical community has enough time to deal with this threat.
MarketWhisper6h ago
