Crypto Market Update Jan 24: KAIA Jumps 35%, LIT Fell 6%, XRP Trends

Crypto Market Update: Coinbase Listing, Grayscale BNB ETF and WLF Plan

Key Highlights:

• Low volatility in the crypto market cap hits $3.11T.

• BTC and ETH are moving down, and the fear sentiment is extreme.

• The performance of select altcoins is better even under widespread market skepticism.

Overall Crypto Market Update, 24 January 2026: he cryptocurrency was slightly lower due to the fall of Bitcoin and Ethereum and the increase in fear, and selective altcoins generated profits in the conditions of cautious trading and mixed macro indicators.

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global cryptocurrency market today reached a capitalization of $3.11 trillion, noted a silent drop of 0.5% in the last 24 hours, whereas Total trading volume was recorded at $118.4 billion.

Bitcoin’s (BTC) dominance over the industry remains intense, with 57.5%, while Ethereum (ETH) carries 11.5%. The largest gainers ofthe industry are Polkadot and XRP Ledger Ecosystem in the past day.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from coinmarketcap)

• Bitcoin (BTC) price today reached $89356.81, fell 0.36% in the last 24 hours, with a trading volume of $38.49 billion and a market cap of $1.78 trillion.

• Ethereum (ETH) price today is $2950, dips 0.36% in 24 hours with a trading volume of $22.07 billion and a market cap of $356 billion.

Top Trending Crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap com trending metrics.)

• Bitcoin price (BTC): $89,426.45, down 0.34% in the last 24 hours, trading volume (TV): $38.33B.

• FIGHT price (FIGHT): $0.02124, plunges 13.01%, TV: $253.21M.

• HeyElsa price (ELSA): $0.1733, drops 8.37%, TV: $420.98M.

• Ethereum price (ETH): $2,951.98, slips 0.29%, TV: $22.18B.

• XRP price (XRP): $1.91, eases 0.21%, TV: $2.4B.

Top 3 Crypto Gainers in 24 hours:

(Ranked by 24-hour percentage gain)

• Kaia price today (KAIA): $0.07258, climbs 35.01%, trading activity $95.69M.

• DoubleZero price today (2Z): $0.1389, soars 10.68%, trading activity $61.82M.

• Canton price today (CC): $0.156, jump 8.31%, trading activity $22.10M.

Top 3 Crypto Losers in 24 hours

(Ranked by 24-hour percentage loss)

• Lighter price today (LIT): $1.67, slips 6.16%, trading activity $132.39M.

• MemeCore price today (M): $1.58, dips 5.07%, trading activity $12.11M.

• Internet Computer price today (ICP): $3.45, fall 4.79%, trading activity $99.85M.

Stablecoins and Defi Update:

• Stablecoins reflects 0.1% positive change over the past 24 hours, with a market capitalization of $312.6 billion and trading volume of $94.2 billion.

• The Overall (Defi) Decentralized Finance market escalated slightly 0.4% over the last 24 hours, recording a market cap of $107 billion and trading volume (TV) at $3.9 billion. Defi dominance globally marked 3.5%.

Bitcoin Fear and Greed Index Today

Source: Alternative Me

Today’s Fear and Greed Index is 25 (Extreme Fear), up slightly from 24 yesterday. Last week’s 50 (Neutral) shows sentiment collapsed fast, likely due to price declines, weak volumes, and macro uncertainty, reviving defensive investor behavior.

Latest Crypto Market News Today, January 24

(Note: All of these updates have an effect on traders, as they affect liquidity,  sentiment, and potential returns, and thus have to be monitored closely.)

1. Stable Mainnet Upgrades to v1.2.0

On February 4, Tether-backed Layer 1 blockchain Stable will update its mainnet to version 1.2.0, switching gas to USDT0 and enhancing staking transparency, indexing, and compatibility with developers.

2. OCC Rejects Pause on WLF Review

OCC Comptroller Jonathan Gould said the agency will fairly review World Liberty Financial’s bank charter, rejecting political pressure, as WLF plans to independently issue and manage its USD1 stablecoin approval.

3. BNB Chain CMC Account Hack Alert

BNB Chain executive Nina Rong warned that the CoinMarketCap account may be hacked, saying teams are investigating and urging users to stay cautious about investment advice shared on social media.

4. GameStop Bitcoin Transfer Sparks Sale Fears.

According to CryptoQuant data, GameStop transferred all 4,710 BTC to Coinbase Prime, which suggests that the company is about to sell the assets. Purchasing at an approximate of $107, 900 and selling at an approximate of $90, 800 can cost the retailer a loss of $76 million.

5. Coinbase Listing Announcement

Coinbase Markets added Doodles (DOOD) and Moonbirds (BIRB) to its listing roadmap. Trading will begin later, subject to market-making support and technical readiness.

6. Grayscale Files BNB ETF S-1

On January 23, 2026, Grayscale submitted an S-1 filing with the SEC on a BNB ETF, and hopes to begin the public offering shortly after it becomes effective.

Comparative Insight

In comparison to the previous crypto update with a weak 0.1% decrease, the present-day crypto market weakness intensified with a stronger decrease of 0.5% without any change in the overall capitalization, which remains at 3.11 trillion.

Bitcoin was fairly stable, being relieved of marginal losses to -0.44%, whereas Ethereum experienced more significant pressure, falling to -2.19%. The volume remained high at $105.5B, but sentiment deteriorated with the Fear and Greed Index dropping to 24 compared to the neutral 49 of the previous week due to a growing short-term caution despite the selective rallies in altcoins.

What This Means for Cryptocurrency Users

To crypto users,  a sign of uncertainty in the short term. Reduced volatility and high fear can be interpreted as careful involvement, whereas selective altcoin strength creates strategic benefits to traders who pay close attention to volume, sentiment, and news-related trends.

Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point in the direction of the price or show an action to be taken onthe investment.

CoinGabbar’s Opinion

The update shows a high risk of making aggressive investments, as the momentum is poor and the sentiment is driven by fear. Nevertheless, the disciplined traders can have short-term prospects in high-performing altcoins, but long-term investors need to focus on risk management and patience.

Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and risky. Always conduct your own research and consult a qualified financial advisor before making investment decisions. Not all regions can offer some of the services or assets discussed.