Market Report: January 10, 2026 - Top 5 Cryptocurrency Declines, with Midnight experiencing the largest drop

NIGHT-7,03%
ZEC-4,95%
TON-4,22%
LIT-2,19%

Gate.io News Bot Message, January 10, 2026. According to CoinMarketCap market data, the overall market is in a correction phase, with the privacy coin sector under significant pressure, and several leading coins experiencing pullbacks. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:

1️⃣ NIGHT (Midnight) 📉 Current Price: $0.66 | Change: -10.87% 📊 24H High/Low: $0.74 / $0.65 | Market Cap: $110 million ⚠️ The privacy coin sector is under overall pressure. Midnight, as an emerging privacy stablecoin project, has launched the innovative ShieldUSD product but has followed the sector’s correction during the privacy coin ecosystem restructuring.

2️⃣ ZEC (Zcash) 📉 Current Price: $398.53 | Change: -7.31% 📊 24H High/Low: $534.94 / $451.04 | Market Cap: $6.567 billion ⚠️ The ongoing departure of the core development team Electric Coin Company continues to ferment news. Although the foundation emphasizes Zcash as a decentralized protocol, market confidence has been affected. On-chain development activity has dropped to its lowest since November 2021, with a 40% correction in two months. Whales panic liquidations have resulted in nearly $5 million in losses.

3️⃣ TON (Toncoin) 📉 Current Price: $1.73 | Change: -6.38% 📊 24H High/Low: $1.84 / $1.73 | Market Cap: $4.184 billion ⚠️ Large on-chain transfers are active, with over 2 million TON flowing out from anonymous addresses, causing market liquidity fluctuations. Although the Telegram ecosystem provides support, the TON ecosystem is experiencing a period of adjustment.

4️⃣ LIT (Lighter) 📉 Current Price: $2.82 | Change: -6.23% 📊 24H High/Low: $3.25 / $2.48 | Market Cap: $705 million ⚠️ Competition in the perpetual contract sector is intensifying. Although the Lighter buyback mechanism once drove LIT up by 16%, profit-taking at high levels has appeared, and market participation has fluctuated. After multiple whale accumulations, the upward momentum could not be sustained.

5️⃣ CC (Canton) 📉 Current Price: $0.13 | Change: -6.11% 📊 24H High/Low: $0.13 / $0.12 | Market Cap: $4.836 billion ⚠️ The positive impact of JPM Coin launching on Canton Network could not sustain, and market expectations for the tokenization of traditional financial assets have adjusted. The Senate’s stablecoin yield rule adjustment expectations have triggered a wait-and-see sentiment.

📉 Market Summary: The privacy coin sector faces a major turning point. Ongoing core team changes in ZEC continue to impact market confidence, and large on-chain outflows from traditional assets have triggered panic. Profit-taking pressures are evident in perpetual contracts and emerging DeFi projects at high levels, with market risk appetite declining. This message is not investment advice; investors should be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC rises 0.77% in 15 minutes: rebound driven by active buyers overlapping with safe-haven fund resonance

From 2026-03-19 19:00 to 19:15 (UTC), BTC price fluctuated within the range of 69802.0 to 70547.9 USDT, with volatility reaching 1.07%, recording a return rate of +0.77%. Short-term trading activity drove increased market attention, with volatility strength exceeding the daily average, attracting rapid capital participation. The main driver of this price movement was concentrated active buy orders in the spot market, pushing BTC price up sharply in the short term. On-chain data shows that transfer volume during the 19:00-19:15 interval exhibited no extreme changes, and there were no large whale transfers. Weighing spot market and

GateNews25m ago

Ethereum Continues to Recover, Analysts Discuss Whether It Can Return to $4000 in Q2

Gate News reported that on March 19, Ethereum (ETH) continues to recover following recent market volatility. Analysts are discussing whether Ethereum can climb back to the $4,000 mark in Q2 2026.

GateNews36m ago

Bitcoin Rejects $76K as War and PPI Rock Markets

_ Bitcoin rejected $76,000 resistance as US strikes on Iran, hot PPI at 3.4%, and Powell’s FOMC tone sent crypto and risk assets into a sell-off._ Bitcoin hit $76,000 and turned back around. The rejection was clean. Sellers were waiting right at the level that traders had marked for

LiveBTCNews1h ago

ZANO 4.6% gains 11.2% to $7.25, technical chart shows bullish rectangle pattern

Gate News reports that on March 19, ZANO token price surged rapidly to $7.25, up 11.2%, with trading volume rising in sync. Technical analysis shows ZANO exhibits a bullish rectangle pattern, with price entering a consolidation phase after the rapid surge, and market signs of buyer entry appearing.

GateNews1h ago

This Friday Traditional Financial Markets Welcome 'Quadruple Witching Day,' Bitcoin Volatility May Rise Accordingly

This Friday will see the quarterly derivatives event "Quadruple Witching Day," which may lead to increased market volatility. The current market environment is highly volatile, with the VIX index breaking through 35, and Bitcoin volatility is also likely to rise. Additionally, on March 27th, there is a large-scale derivatives expiration, which will intensify market volatility risks.

GateNews2h ago

XRP trading price is $1.43, and the RSI indicator shows oscillation in the neutral zone.

Gate News reported that on March 19, XRP is currently trading at $1.43, with a Relative Strength Index (RSI) of 49.65, sitting in the neutral zone. Technical analysis shows XRP price oscillating between the $1.40 support level and the $1.50 resistance level.

GateNews2h ago
Comment
0/400
HaoranClubvip
· 01-10 02:41
Study diligently and make progress every day. Stay true to your original aspiration, and you will achieve your goal.
View OriginalReply0