Altcoins Tick Up; Solana, BNB Bearish While Majors Bull Now!

Crypto Markets Edge Higher as Traders Eye CLARITY Act Markup

  • Crypto markets rose modestly early Sunday as large-cap tokens traded in narrow ranges and leverage eased.
  • Total 24-hour market liquidations stood near $66.9 million, suggesting cooling speculative intensity.
  • Bitcoin held above $90,600 with roughly $3.0 million in 24-hour liquidations, and retail sentiment remained bullish.
  • Altcoins largely consolidated: Ethereum, Solana, and Binance Coin showed mixed price moves while sentiment on social platforms varied.
  • Regulatory focus grew ahead of a January 15 markup on the CLARITY Act, which market participants expect could clarify rules for digital assets (see statement by Senator Cynthia Lummis).

Crypto markets ticked up in thin trade early Sunday as large-cap tokens traded in tight ranges and leverage continued to unwind. Total liquidations over the past 24 hours were about $66.9 million, pointing to a cooling of speculative activity rather than forced de-risking.

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Bitcoin traded near $90,600, a small 24-hour gain, with about $3.0 million in 24-hour liquidations according to Coinglass data. Retail sentiment on social platforms remained in bullish territory while chatter levels eased.

Washington’s upcoming markup on the CLARITY Act, scheduled for January 15, has raised hopes for clearer rules around digital assets and potential onshoring of capital; this was noted by Senator Cynthia Lummis. Analysts think clearer regulation could help institutions participate more easily.

Among altcoins, Ethereum traded near $3,090, up 0.2%, with about $3.5 million in liquidations and neutral retail sentiment. Solana held around $136 with roughly $1.0 million in liquidations and bearish retail sentiment on social channels.

Binance Coin led daily gains, rising about 1.2% to $910 with low liquidations near $27.3k, while social sentiment shifted from neutral to bearish. Dogecoin slipped to $0.139, down 0.8%, with roughly $517k in liquidations even as retail sentiment stayed bullish; analyst Brian Quinlivan links DOGE’s momentum to the 21Shares 2x Long Dogecoin ETF (TXXD).

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Other tokens were quiet: Ripple’s XRP rose about 0.5% to $2.09 with about $591k in liquidations, and Cardano traded near $0.39, up 0.6% with roughly $398k in liquidations. Overall, markets showed consolidation rather than broad capitulation.

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