An Exciting Start to the Year in the Crypto Market: XRP and Tether Steal the Show!

Jakarta, Pintu News – On the first trading day of 2026, the crypto market showed interesting dynamics with various events affecting exchange rates and investor decisions. From massive liquidations to the purchase of Bitcoin (BTC) by Tether (USDT), here is a summary of the key events that took place.

XRP (Ripple) Experiences Significant Liquidation Imbalance

Ripple (XRP) started the year with a very unbalanced liquidation, where $7.05 million of total liquidation occurred, with $6.75 million being the liquidation of long positions and only $307,850 for short positions. This shows that most investors were expecting a price increase, but the market went the other way.

This imbalance is important as it indicates the removal of one-sided exposure that could change the subsequent price dynamics. On the XRP/USDT chart, we see the price dropping to the $1.82 area before rebounding to the $1.85 zone. This area is crucial as it marks the point where the market forces liquidation and then allows the price to recover after leverage is reduced. This suggests that the market may have reached a stabilizing point after a significant reduction in leverage.

Also Read: 7 BTC Facts Predicted to Bottom at $37,500 in 2026 – Latest Crypto Market Analysis

Tether (USDT) Buys $780 Million Worth of Bitcoin (BTC)

In a surprising move, Tether (USDT) announced a $780 million purchase of Bitcoin (BTC), showing great confidence in Bitcoin as part of their backup strategy. The purchase involved 8,888.888888 BTC, at an average price of approximately $87,750 per BTC, which corresponds to the market price at the end of December 2025.

This large purchase by Tether not only shows their support for Bitcoin, but also gives the market a positive signal of stability and confidence in Bitcoin. This is big news that could affect the market’s perception of Bitcoin and stablecoins in general, especially in times of massive liquidation in the market.

Binance Coin BROCCOLI714 Meme Plummets 88% After Hacker Attack

BROCCOLI714, a meme coin traded on Binance, suffered a dramatic 88% drop after a hacker attack. The coin, which gained rapid popularity after being mentioned by Binance founder Changpeng Zhao, suffered heavy losses due to a sell-off associated with illegal access to market-maker accounts on Binance.

This attack involved spot purchases using stolen funds and market manipulation through coordinated trading in low-liquidity tokens. BROCCOLI714, with its thin order book, became a handy vehicle for rapid price manipulation and then a sharp drop. This shows how quickly a coin can rise and fall in the highly volatile crypto market.

Early Year Crypto Market

Although the first day of trading in 2026 was characterized by dramatic events, sentiment among investors and speculators remains extremely bullish. Many consider this a good time to buy, hoping that it will be a profitable year. However, it’s important to remember that the crypto market is highly unpredictable and fraught with risk.

Also Read: 5 Veteran Analyst Insights Say 2026 Could Be Peak Gold & Silver

Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Morning Crypto Report: XRP Kicks Off 2026 with 2198 Liquidation Imbalance, Tether (USDT) Stuns with 780. Accessed on January 2, 2026