This is a daily crypto market update blog for January 21, 2026. It highlights the top 5 crypto losers of today that saw major price falls today. This blog provides information about the latest price, 24-hour and 7-day movements, along with the reasons for the price fall.
Today’s blog covers Monero (XMR), Hyperliquid (HYPE), Immutable (IMX), Morpho (MORPHO), and PancakeSwap (CAKE). It will help the investors tto track daily market updates in one place at a glance.
XMR Current Price: $489.75
Market Cap: $9.05B
Market Rank on CoinMarketCap: 12
24 hours Price Movement: Price down by 16.11% (24hr)
7 days Price Movement: Price down by 30.67% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, XMR is currently trading near $489.75. The price has dropped by 16.11% in the last 24 hours as compared to the previous levels. In the last 24 hours, XMR price made a low of $488.38
Why Monero (XMR) is One of the Top Crypto Losers Today?
Market-Wide Sell-Off: A sudden drop across the crypto market made investors avoid risky assets, causing Monero to fall more than Bitcoin.
Regulation Fears: The rising concerns about privacy coin bans and possible exchange delistings lowered the investor confidence in $XMR.
Support Breakdown: XMR price dropped below the key support levels, which triggered stop-loss orders and encouraged selling.
HYPE Current Price: $21.08
Market Cap: $6.36B
Market Rank on CoinMarketCap: 17
24 hours Price Movement: Price down by 8.25% (24hr)
7 days Price Movement: Price down by 19.47% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, HYPE is currently trading near $21.08. The price has dropped by 8.25% in the last 24 hours as compared to the previous levels. In the last 24 hours, HYPE price made a low of $20.9
Why Hyperliquid (HYPE) is One of the Top Crypto Losers Today?
Global Market Fear: Overall, financial markets became cautious due to tariff and bond concerns, pulling crypto prices down.
Heavy Liquidations: Large leveraged long positions in $HYPE token were forced to close, which increased selling pressure.
Sentiment Hit: The controversy of how a partner project used funds reduced trader confidence and added to the price drop.
IMX Current Price: $0.2390
Market Cap: $474.84M
Market Rank on CoinMarketCap: 91
24 hours Price Movement: Price down by 5.73% (24hr)
7 days Price Movement: Price down by 17.21% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, IMX is currently trading near $0.2390. The price has dropped by 5.73% in the last 24 hours as compared to the previous levels. In the last 24 hours, IMX price made a low of $0.2388
Why Immutable (IMX) is One of the Top Crypto Losers Today?
NFT Market Weakness: NFT trading fell sharply last week, lowering the demand for Immutable’s NFT-focused network.
Price Rejection: IMX could not break the resistance level of $0.30, which led to selling and liquidations.
Altcoin Sell-Off: As market fear grew, investors shifted their money to Bitcoin. This is hurting the gaming and Layer-2 tokens like IMX.
MORPHO Current Price: $1.14
Market Cap: $435.16M
Market Rank on CoinMarketCap: 94
24 hours Price Movement: Price down by 5.5% (24hr)
7 days Price Movement: Price down by 17.86% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, MORPHO is currently trading near $1.14. The price has dropped by 5.5% in the last 24 hours as compared to the previous levels. In the last 24 hours, MORPHO price made a low of $1.1402
Why Morpho (MORPHO) is One of the Top Crypto Losers Today?
Market Sell-Off: Due to the fear of market uncertainty, investors moved away from altcoins like MORPHO to Bitcoin hoping for gains.
Technical Breakdown: MORPHO fell below key support levels, and weak signals caused more traders to sell.
Sentiment Drop: Changes on Discord lowered community activity, and low liquidity made the price drop faster.
CAKE Current Price: $1.89
Market Cap: $631.81M
Market Rank on CoinMarketCap: 78
24 hours Price Movement: Price down by 3.99% (24hr)
7 days Price Movement: Price down by 7.91% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, CAKE is currently trading near $1.89. The price has dropped by 3.99% in the last 24 hours as compared to the previous levels. In the last 24 hours, CAKE price made a low of $1.8717
Why PancakeSwap (CAKE) is One of the Top Crypto Losers Today?
Supply Cut Didn’t Impress Traders: Even after the supply was reduced, traders didn’t see quick gains, so selling continued.
Weak Market Mood: Fear in the crypto market moved money away from DeFi tokens like CAKE towards safer assets.
Technical Breakdown: The $CAKE token fell below key support levels, which triggered stop-loss selling and short-term weakness.
Today’s crypto market shows strong downside movement. Several tokens turned into the top crypto losers on 21 January 2026. This blog points out the short-term weakness, heavy selling pressure, and bearish price predictions of the top crypto losers today. These top crypto losers fell today because of market fear about altcoin, regulations, technical breakdowns, and low demand for the token. Following daily market updates helps investors manage risk and catch trend reversals early.
Disclaimer: This content is for informational use only and Crypto investments involve risk; please do your own research before investing.
With 1 year of experience in the crypto space, Archi Sharma specializes in creating insightful and engaging content on blockchain, cryptocurrencies, and market trends. His writing helps readers understand complex topics while staying updated on the latest developments in the crypto world.