BlockBriefly

Date: January 31, 2026

Market Cap 24h Change: 0.23%

Reason:

The market has been largely stable.

Date: January 29, 2026

Market Cap 24h Change: -5.05%

Reason: The market has been down by -5.05% but the reason is not clear.

Date: January 27, 2026

Market Cap 24h Change: 1.30%

Reason: The market has been up by 1.3% but the reason is not clear.

Date: January 25, 2026

Market Cap 24h Change: -3.35%

Reason:

The market has been down by -3.35% because:

• Significant Bitcoin ETF Outflows: US-based Bitcoin exchange-traded funds have seen a significant outflow of $1.72 billion over the last five sessions. This substantial withdrawal suggests a decrease in investor confidence, heavily contributing to the observed market downturn.
• Concerns Over Market Depth: Increasing worries about the illusion of market depth in Bitcoin trading are undermining investor confidence. These concerns add to the volatility and instability in the market.
• Bearing Market Sentiment: There is a prevailing cautious sentiment among traders about potential downside risks in key cryptocurrencies, especially Bitcoin and Ether, reflecting broader market apprehensions.
• Hashrate Issues: The reported 60% drop in Foundry USA's hashrate amid a deadly storm adds to Bitcoin's mining concerns, potentially affecting network security and efficiency, which in turn contributes to negative market sentiments.

Date: January 23, 2026

Market Cap 24h Change: 0.17%

Reason: The market has been largely stable.