Gate.io News Bot Message, January 26, 2026. According to CoinMarketCap market data, the cryptocurrency market has experienced a correction, with privacy coins and some emerging assets facing downward pressure, and market sentiment remains relatively cautious. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:
1️⃣ KAIA (Kaia)
📉 Current Price: $0.74 | Decline: -19.23%
📊 24H High/Low: $0.904 / $0.67 | Market Cap: $463,614,761.42
⚠️ After consecutive days of gains, a high-level correction occurred, with profit-taking concentrated in the market, and investors’ risk appetite decreased.
2️⃣ MYX (MYX Finance)
📉 Current Price: $5.95 | Decline: -15.14%
📊 24H High/Low: $7.21 / $5.84 | Market Cap: $1,498,039,378.76
⚠️ During the market adjustment, this project experienced significant downward pressure, with funding facing stress.
3️⃣ 2Z (DoubleZero)
📉 Current Price: $0.12 | Decline: -12.67%
📊 24H High/Low: $0.13 / $0.12 | Market Cap: $420,273,139.40
⚠️ Small-cap coins are more volatile, following the overall market correction trend, with limited trading depth.
4️⃣ XMR (Monero)
📉 Current Price: $449.81 | Decline: -10.69%
📊 24H High/Low: $502.95 / $444.77 | Market Cap: $8,297,552,771.15
⚠️ The privacy coin sector experienced a high-level correction, with large short positions continuously increasing, on-chain data shows “20 million wave hunters” and other large shorts keep adding to their short positions, with technical pressure.
5️⃣ DASH (Dash)
📉 Current Price: $58.83 | Decline: -10.23%
📊 24H High/Low: $65.67 / $58.24 | Market Cap: $739,549,935.36
⚠️ Privacy coins are rotating and adjusting, with multiple large short addresses actively operating, market divergence is increasing, and capital battles are intense.
📉 Market Adjustment Summary: The privacy coin sector is facing a phased correction, with KAIA leading the decline indicating a cooling of speculative enthusiasm. On-chain data shows large short positions concentrated in privacy coins like XMR and DASH, with frequent whale operations, indicating significant market risk. Investors should be cautious about high-position coins, beware of leverage liquidation risks, and control risk exposure.
⚠️ Risk Reminder: This message is only a market update and does not constitute investment advice. Cryptocurrency markets are highly volatile; please invest cautiously, manage risks properly, and invest rationally.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Culper Research shorted ETH, BitMine: Ethereum has entered a death spiral, Fusaka upgrade fee collapsed by 90%
Short-selling firm Culper Research publicly shorted Ethereum (ETH) and BitMine (BMNR), accusing the Ethereum Fusaka upgrade of causing transaction fees to plummet by 90%. The firm warned that the risk of a "death spiral" is increasing and questioned the sustainability of Ethereum's economic model. Culper cited Vitalik's recent sale of 20,000 ETH, indicating the founder's negative outlook on the current situation, and challenged the interpretation of active address growth, suggesting it may be the result of address poisoning attacks.
動區BlockTempo40m ago
Bittensor (TAO) Tests Crucial $180 Level Amid Renewed AI + Crypto Interest
Michaël van de Poppe's insights on TAO hint at a key resistance level at $180 that could lead to higher prices if surpassed. The token's tie to Bittensor and the AI-crypto narrative keeps it in focus as traders monitor its performance and volume for potential gains.
BlockChainReporter57m ago
HBAR Faces Renewed Pressure as $0.09 Support Weakens
Key Insights:
HBAR price repeatedly failed to clear value area high resistance, reinforcing overhead supply and weakening bullish momentum within the current range structure.
The $0.09 high timeframe support now defines short term direction as price rotates lower inside a clearly
CryptoFrontNews1h ago
Culper Research shorted Ethereum, citing the upgrade as the trigger for a death spiral
Culper Research report indicates that Ethereum's Fusaka upgrade caused excess block space, leading to a 90% drop in transaction fees, potentially entering a "death spiral" cycle, resulting in decreased staking demand and network security. The report mentions Vitalik Buterin selling large amounts of ETH, questioning Tom Lee's bullish outlook, and points out BitMine's loss risks held in Ethereum.
MarketWhisper1h ago
Pi Network Today's News: $0.20 Becomes the Bull-Bear Threshold, Token Unlock Adds Variables
Pi Network (PI) tokens recently surged in price, breaking through $0.1900, with a total increase of about 15%. Market sentiment has improved, and the fear index has risen back to 29. However, 20.8 million PI tokens will be unlocked on Saturday, which could increase selling pressure and pose a short-term risk to the price. If it can break through $0.1959, the target price is $0.2613; but a drop below the 50-day moving average could turn the trend bearish.
MarketWhisper1h ago
Glassnode: Bitcoin selling pressure has eased, but institutional demand remains in the testing phase
PANews March 6 News, Glassnode posted on X platform analyzing that the outflow trend of Bitcoin spot ETF funds has stabilized. The 14-day net flow trend has turned upward, indicating that as Bitcoin breaks through $70,000, selling pressure is easing. Institutional demand remains in a tentative stage, but early signs of reaccumulation are beginning to appear.
GateNews1h ago