The global crypto market climbed to $3.3 trillion in capitalization over the past 24 hours, up 1.3%, while total trading volume reached $143 billion. Bitcoin and Ethereum stayed relatively steady, but price action across altcoins was uneven. XRP and SUI posted strong gains, while MYX recorded the sharpest decline among the names listed.
Bitcoin and Ethereum Hold Market Leadership
Market share data showed Bitcoin with 56.8% dominance and Ethereum at 11.8%. The report said 18,923 cryptocurrencies are currently being tracked. Two price snapshots were included in the source: BTC was listed at $93,983.17 and $94,079.14, with 24-hour gains of 0.93% and 1.36%, and trading volume between $48.59 billion and $49.13 billion. ETH was listed at $321.95 and $3,240.14, up 0.9% and 1.83%, with trading volume around $25.66 billion to $25.95 billion.
XRP Strengthens While SUI Lands Among Top Gainers
Among large-cap tokens, XRP traded at $2.39 after rising 11.97% in 24 hours, with volume at $6.7 billion. Solana stood at $138.35, up 1.57%, and posted $4.96 billion in volume. On the gainers list, Virtuals Protocol (VIRTUAL) rose to $1.08, up 15.39%. Sui (SUI) traded at $1.96, gaining 14.47% with roughly $1.61 billion in trading activity. Lighter (LIT) was priced at $3.05, up 12.26%.
MYX Leads Losses as Stablecoins Stay Flat
On the downside, MYX Finance (MYX) fell to $4.89, down 21.02% over 24 hours, with about $40.4 million in volume. Canton (CC) traded at $0.1402 after a 7.42% drop, while Midnight (NIGHT) slipped 4.17% to $0.08588. The stablecoin sector showed no change in the same period, holding a market capitalization of $312.5 billion and trading volume of $114.4 billion. DeFi recorded a 2.4% increase, reaching a market cap of $114.4 billion, with volume at $5.4 billion and global dominance of 3.5%.
Fear and Greed Index Rises, but Sentiment Remains Cautious
The Fear and Greed Index came in at 44, still in the fear zone but notably higher than 26 a day earlier, 23 a week ago, and 20 a month ago. The source attributed the change to steadier prices, easing volatility, and returning buying interest. At the same time, macro conditions and liquidity concerns continued to keep sentiment from turning fully bullish.
Regulation, Political Donations, and Protocol Activity Stay in Focus
Outside price action, TD Cowen said U.S. crypto market structure legislation may move ahead this year, though passage is more likely in 2027, with rules potentially arriving by 2029. Gemini and Crypto.com-linked Foris Dax donated more than $21 million to pro-Trump MAGA Inc., lifting its funding for the 2026 U.S. midterm cycle to $294 million. 1inch reported in its 2025 review that swap volume reached $214 billion, up 39%, across 114 million trades. Lighter also said it has started using protocol fees to buy back LIT, and its treasury now holds about 180,526 LIT valued at nearly $540,000.
In derivatives, the report said Bitcoin options traders were favoring $100,000 calls over $80,000 puts. It also noted that fading put premiums pointed to softer risk concerns ahead of January expiry.