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#BTCMarketAnalysis
LIVE] Top Cryptocurrency News of the Day: January 8, 2026 – Bitcoin Falls Below $90,000, Market Panic Increases
Follow the latest developments, market movements, and news in the crypto world live.
The cryptocurrency market has shown a general downward trend over the past 24 hours, influenced by weakened risk appetite. Bitcoin dropping below the $90,000 level has turned almost all major sectors red.
According to SoSoValue data, Bitcoin declined by 1.7%, while Ethereum fell over 3%, dropping below $3,200. The sharpest decline was seen in the (RWA) sector, which experienced approximately a 3% decrease in real-world assets.
DeFi, Layer 2, and PayFi segments also experienced significant value losses, but despite the overall negative market trend, SocialFi was one of the few areas to show a rare positive divergence. Limited gains in selected tokens helped the sector close the day in positive territory.
Market sentiment also worsened. The Crypto Fear & Greed Index fell to 29, entering the “panic” zone. This outlook indicates that investor caution is increasing amid ongoing volatility.