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Why Is Crypto Down Today? – January 1, 2026

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The crypto market cap has edged 0.8% lower to about $3.06T, keeping the sector above $3T with $87.6B in daily volume. BTC has traded in a $85K–$88K band, while US spot BTC ETFs logged $348.1M outflows and ETH ETFs $72.1M on Dec. 31. Fear and Greed is 31, with ETH steadied at $2,900–$3,100 support range.
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