Gold and silver briefly reclaimed the top spots by market cap. Gold now sits at $31.1T in market cap, firmly in first place. Silver temporarily overtook Nvidia before slipping back again, continuing their back-and-forth since December.
🚨 U.S. spot Bitcoin ETFs saw their largest daily inflows since early October, signaling improved sentiment at the start of the year. Funds recorded $697M in net inflows on Monday. Combined with Friday’s inflows, total ETF inflows for 2026 have already exceeded $1.16B.
Crypto is starting 2026 on the sidelines. Stocks and precious metals are at or near all-time highs, while Bitcoin failed to follow, briefly touching $90,000 before fading again. Despite cooling inflation and a weaker labor market, markets are not pricing in a January Fed rate cut, and macro flows continue to favor traditional assets over crypto for now.
Bitcoin has climbed to $90,000, but leverage remains subdued. Despite the rebound, demand for leveraged long positions stayed flat, with $BTC trading in a tight 6% range over the past 20 days.
Ethereum just set a new onchain activity record. Daily transactions hit an all-time high, with the 7-day average reaching 1.87M on Dec. 31, surpassing previous peaks from 2021 and 2025. Active addresses climbed to 728,904, the highest since May 2021.