The bitcoin market fell back on January 6 after a period of gains. The value of all cryptocurrencies dropped to about $3.2 trillion when the price of Bitcoin fell by about 2.3% to almost $92,000. Prices for Ethereum and other important tokens also fell at the same time.
Bitcoin was trading for about $92,319 at the time of writing. This means that prices have been going down in the short term. Other smaller tokens, like Solana and XRP, also lost value.
Some assets went up even though the market went down. In the last 24 hours, the prices of tokens like Dogwifhat, SUI, IOTA, and XRP went up by more than 14%.
The total amount of open interest in futures contracts in the crypto market rose above $145 billion. Open interest had risen since it hit a recent low of about $123 billion in December.
Short liquidations also sped up, with numbers showing that positions worth more than $434 million were sold. Bitcoin caused a lot of those liquidations, and Ethereum, XRP, and Solana holdings were next.
At the same time, the stock market was doing well, with major U.S. indexes reaching all-time highs. This was not the case in the crypto market, where prices moved less. This shows that the way traditional and digital asset markets work is not the same.
ETF flows in the crypto space showed that investors were still interested. Spot Bitcoin exchange-traded funds had inflows of more than $697 million after recent trading sessions. This is more than what they had before. Spot Ethereum ETFs brought in more than $168 million, while XRP and Solana ETFs brought in smaller amounts.
Technical analysis showed that prices had gone up a little over the past few weeks. Bitcoin prices had risen from a low of about $80,494 in late 2025 to levels above key retracement points.
People still had mixed feelings about crypto assets. Some traders paid more attention to short liquidations and technical signs, while others paid more attention to futures positioning and ETF inflows.
Overall, the values of cryptocurrencies went down on January 6. The performance of assets, futures markets, and ETF flows all sent mixed signals.
Source: https://crypto.news/crypto-market-down-jan-6-risk-on-sentiment-spreads/
