The post Bitcoin claws back from monthly low as altcoins outperform: Crypto Markets Today appeared on BitcoinEthereumNews.com. Bitcoin BTC$87,855.70 recovered afterThe post Bitcoin claws back from monthly low as altcoins outperform: Crypto Markets Today appeared on BitcoinEthereumNews.com. Bitcoin BTC$87,855.70 recovered after

Bitcoin claws back from monthly low as altcoins outperform: Crypto Markets Today

Bitcoin BTC$87,855.70 recovered after falling to $86,000, its lowest point in more than a month, on Sunday.

The rebound took place alongside the opening of bitcoin futures trading on the CME at 23:00 UTC. The largest cryptocurrency rose more than 2% in the subsequent nine hours before losing strength at $88,250.

Zooming out, bitcoin remains in a grueling downtrend characterized by a series of lower highs and lower lows that started in October to create the etchings of an early bear-market reversal.

Sunday’s selloff was spurred by continued risk-off sentiment from investors after a volatile week that saw U.S. President Donald Trump give several speeches in Davos related to Greenland, tariffs and geopolitical conflicts around the world.

That sentiment lifted precious metals gold and silver to record highs, diminishing bitcoin’s reputation as a haven asset and cementing it as a risk asset that, for the most part, moves in tandem with U.S. equities.

Derivatives Positioning

By Saksham Diwan

  • BTC futures open interest (OI) stabilized at $22.6 billion despite downside price volatility, signaling a pause in recent deleveraging.
  • While funding rates have neutralized around 5% annualized across most exchanges, OKX has diverged with a -3.8% rate, reflecting localized hedging or bearish bets.
  • In contrast, the 3-month annualized basis on Binance and Deribit edged up to just over 5%, suggesting that while speculative froth has reset, institutional appetite is beginning to firm up during this consolidation.
  • BTC options signal high conviction with a 15% one-week 25-delta skew and 58% call dominance in 24-hour volume.
  • The implied volatility (IV) term structure has shifted from contango to backwardation, with near-term rates higher than those further out.
  • Front-end volatility spiked to 41.53% (Jan. 30) relative to the ~39% mid-curve dip before rising toward 47% in late 2026.
  • This structure highlights a significant premium for near-term positioning as the market braces for immediate price action while maintaining a bullish long-term outlook.
  • Coinglass data shows $744 million in 24 hour liquidations, with a 77-23 split between longs and shorts. ETH ($273 million), BTC ($207 million) and SOL ($63 million) were the leaders in terms of notional liquidations. The Binance liquidation heatmap indicates $88,370 as a core liquidation level to monitor, in case of a price drop.

Token talk

By Oliver Knight

  • As bitcoin continues to show weakness, the altcoin market showed some resiliency overnight.
  • Ether ETH$2,907.93 and xrp XRP$1.8906 both rose by 2.8% since midnight UTC while privacy coins zcash ZEC$350.22 and monero XMR$468.17 gained 6% and 3%, respectively.
  • The top performing corner of the altcoin market was metaverse tokens, with axie infinity (AXS) rising by more than 23% while the CoinDesk Metaverse Select Index (MTVS) increased by 6.92% since midnight to add to a year-to-date rally of 34.4%.
  • The bitcoin-dominant CoinDesk 20 (CD20) Index has now lost 0.52% since the turn of the year while the altcoin heavy CoinDesk 80 (CD80) is in the black having risen by 2.5%, demonstrating relative strength among altcoins.
  • RIVER, the native token of its namesake’s stablecoin protocol, has been the most prolific altcoin over the 30 days, rising by more than 2,100% after a further 34% move to the upside over the past 24 hours.
  • The “altcoin season” indicator is currently at 28/100, still well below September’s high of 76/100, but significantly higher than this time last month, when it read 16/100.
  • A lack of liquidity and market depth since October’s $19 billion liquidation cascade means altcoin moves have been more exaggerated in both directions, leading to a high number of liquidations during selloffs like on Sunday as well as dramatic recoveries as traders navigate thin order books.

Source: https://www.coindesk.com/markets/2026/01/26/bitcoin-rebounds-from-one-month-low-while-derivatives-flash-near-term-stress-crypto-markets-today

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Buyers Defend Most Major 200-Week Price Average: Can It Be Bottom of 2026?

XRP Buyers Defend Most Major 200-Week Price Average: Can It Be Bottom of 2026?

The post XRP Buyers Defend Most Major 200-Week Price Average: Can It Be Bottom of 2026? appeared on BitcoinEthereumNews.com. XRP has returned to its 200-week moving
Share
BitcoinEthereumNews2026/02/08 19:49
Expert Tags Ethereum’s ERC-8004 Mainnet Launch An “iPhone Moment”, Here’s What It Means

Expert Tags Ethereum’s ERC-8004 Mainnet Launch An “iPhone Moment”, Here’s What It Means

Market analyst says Ethereum is having an “iPhone moment” as it approaches the ERC-8004 mainnet launch.
Share
Coinstats2026/02/08 19:56
Breaking: CME Group Unveils Solana and XRP Options

Breaking: CME Group Unveils Solana and XRP Options

CME Group launches Solana and XRP options, expanding crypto offerings. SEC delays Solana and XRP ETF approvals, market awaits clarity. Strong institutional demand drives CME’s launch of crypto options contracts. In a bold move to broaden its cryptocurrency offerings, CME Group has officially launched options on Solana (SOL) and XRP futures. Available since October 13, 2025, these options will allow traders to hedge and manage exposure to two of the most widely traded digital assets in the market. The new contracts come in both full-size and micro-size formats, with expiration options available daily, monthly, and quarterly, providing flexibility for a diverse range of market participants. This expansion aligns with the rising demand for innovative products in the crypto space. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, noted that the new options offer increased flexibility for traders, from institutions to active individual investors. The growing liquidity in Solana and XRP futures has made the introduction of these options a timely move to meet the needs of an expanding market. Also Read: Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! Rapid Growth in Solana and XRP Futures Trading CME Group’s decision to roll out options on Solana and XRP futures follows the substantial growth in these futures products. Since the launch of Solana futures in March 2025, more than 540,000 contracts, totaling $22.3 billion in notional value, have been traded. In August 2025, Solana futures set new records, with an average daily volume (ADV) of 9,000 contracts valued at $437.4 million. The average daily open interest (ADOI) hit 12,500 contracts, worth $895 million. Similarly, XRP futures, which launched in May 2025, have seen significant adoption, with over 370,000 contracts traded, totaling $16.2 billion. XRP futures also set records in August 2025, with an ADV of 6,600 contracts valued at $385 million and a record ADOI of 9,300 contracts, worth $942 million. Institutional Demand for Advanced Hedging Tools CME Group’s expansion into options is a direct response to growing institutional interest in sophisticated cryptocurrency products. Roman Makarov from Cumberland Options Trading at DRW highlighted the market demand for more varied crypto products, enabling more advanced risk management strategies. Joshua Lim from FalconX also noted that the new options products meet the increasing need for institutional hedging tools for assets like Solana and XRP, further cementing their role in the digital asset space. The launch of options on Solana and XRP futures marks another step toward the maturation of the cryptocurrency market, providing a broader range of tools for managing digital asset exposure. SEC’s Delay on Solana and XRP ETF Approvals While CME Group expands its offerings, the broader market is also watching the progress of Solana and XRP exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on multiple crypto-related ETF filings, including those for Solana and XRP. Despite the delay, analysts anticipate approval may be on the horizon. This week, REX Shares and Osprey Funds are expected to launch an XRP ETF that will hold XRP directly and allocate at least 40% of its assets to other XRP-related ETFs. Despite the delays, some analysts believe that approval could come soon, fueling further interest in these assets. The delay by the SEC has left many crypto investors awaiting clarity, but approval of these ETFs could fuel further momentum in the Solana and XRP futures markets. Also Read: Tether CEO Breaks Silence on $117,000 Bitcoin Price – Market Reacts! The post Breaking: CME Group Unveils Solana and XRP Options appeared first on 36Crypto.
Share
Coinstats2025/09/18 02:35