Coinbase(US:COIN) Benzinga·2026-01-07 02:00Cryptocurrency Market Overview - Leading cryptocurrencies experienced a halt in their rally, with Bitcoin falling by 1.69% to $92,350.09, while Ethereum gained 0.57% to $3,247.04 [2][3] - XRP and Dogecoin saw significant declines, with XRP down 5.03% to $2.26 and Dogecoin down 3.20% to $0.1474 [2][3] - Approximately $450 million was liquidated from the cryptocurrency market in the last 24 hours, with 65% attributed to long liquidations [4] Market Sentiment and Trends - The Crypto Fear and Greed Index indicated a prevailing fear sentiment in the market [5] - The Bitcoin-to-stablecoin ratio on Binance has started to increase, suggesting a potential positive shift in buying power [7] - Analysts suggest that Bitcoin needs to maintain a support level at $93,500 to foster a mid-term bullish outlook [8] Stock Market Performance - The stock market continued its upward trend, with the Dow Jones Industrial Average rising by 484.90 points (0.99%) to a record high of 49,462.08 [6] - The S&P 500 and Nasdaq Composite also reached record highs, gaining 0.62% and 0.65%, respectively [6] - Precious metals saw price increases, with spot gold climbing to $4,485 per ounce and spot silver advancing to $81.90 per ounce [6] Cryptocurrency Market Capitalization - The global cryptocurrency market capitalization increased to $3.19 trillion, despite a modest drop of 0.93% in the last 24 hours [5]