Cryptocurrency Market Declines Overall, BTC Drops to $87,708.73
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Overall Market Decline: As of 10:30 AM KST on January 1, the cryptocurrency market recorded overall losses, with major digital assets trading lower, indicating a weakening market sentiment.
- Bitcoin Performance: Bitcoin (BTC) fell by 0.97% to $87,708.73, reflecting cautious investor sentiment that may influence future investment decisions and market dynamics.
- Ethereum Slightly Up: Ethereum (ETH) edged up 0.02% to $2,977.77, demonstrating some market resilience despite the overall downturn, which could attract short-term investor interest.
- Volatility in Other Major Coins: XRP, Dogecoin (DOGE), and Solana (SOL) saw declines of 2.17%, 4.39%, and 0.43% respectively, which may prompt investors to reassess their portfolios and impact market liquidity.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
