January 5th Cryptocurrency Market Brief: Bitcoin recovers to $91,000, long positions dominate liquidation · PwC officially announces entry into the crypto ecosystem

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Source: TokenPost Original Title: January 5th Commuting Podcast — Bitcoin recovers to $91,000… Long liquidation dominates; PwC enters cryptocurrency Original Link:

Market Overview

On January 5, 2026, Bitcoin slightly retreated after breaking through $91,000, closing at $91,123.81, up 1.18% week-over-week. Ethereum is at $3,132.77, up 0.71%. Mainstream cryptocurrencies generally rose, with Dogecoin( +5.78%), Ripple( +3.82%), Cardano( +2.55%), Solana( +1.33%), BNB( +1.77%), TRON( +0.26%), all strengthening simultaneously.

The total market capitalization of cryptocurrencies across the network reached $3.11 trillion, with Bitcoin accounting for 58.49%, and Ethereum for 12.15%.

Trading Data

In the past 24 hours, the total trading volume of cryptocurrencies across the network was $81.191 billion, with stablecoins trading volume at $77.647 billion, an increase of 11.98% week-over-week. Derivatives trading volume was $782.421 billion, up 12.05%. Conversely, the total market cap of the DeFi ecosystem decreased by 2.47% to $77.231 billion.

Position Liquidation

Approximately $124 million in leverage liquidations occurred in the market, with long positions dominating. Specifically:

  • Bitcoin: $69.51 million
  • Ethereum: $32.80 million
  • Solana: $9.48 million
  • Dogecoin: $8.90 million
  • PEPE: $6.28 million
  • 1000PEPE: $6.73 million

In terms of exchanges, one leading exchange primarily liquidated short positions, while another exchange and another mainly liquidated long positions.

Industry Developments

PwC Officially Announces Entry into Crypto Ecosystem

The Big Four accounting firm PwC has officially announced its deep involvement in building the digital asset ecosystem. The head of the US branch stated that the crypto-friendly policies and relaxed regulations during the Trump administration were decisive factors.

Policy Developments in Various Countries

  • El Salvador: Continues to buy Bitcoin daily since 2026
  • Venezuela: Opposition discusses making Bitcoin legal tender after regime change
  • Ethereum Foundation: Emphasizes that a developer-friendly ecosystem structure is the core driver of growth
BTC-2.55%
ETH-3.73%
DOGE-2.6%
XRP-5.6%
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