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.
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
BlackRock Speaks Out: AI Agents Could Become New Bitcoin Buyers, Payment Scenes Set for Explosive Turning Point
BlackRock Digital Asset Chief Robert Mitchnick stated that AI agents may increasingly prefer to use cryptocurrencies like Bitcoin for payments in the future, which will reshape the market's perception of the value of digital currency applications. Bitcoin's fast settlement and automated adaptability make it an ideal payment tool for AI systems, driving the development of agent economy and bringing new growth opportunities to the crypto market.
GateNews3m ago
Over $14 billion in options expiry looming! Bitcoin drops below $70,000, with $75,000 becoming a key battleground.
Bitcoin was pressured by a large-scale options expiration on March 27, 2026, causing the price to fall below $70,000, with a low of $69,990. The expiration of options contracts led to price volatility, especially around $75,000, while macro factors such as geopolitical risks and developments in crypto ETFs also influenced market sentiment. Technical analysis shows Bitcoin remains in an upward trend, with a short-term key range of $69,000 to $71,000.
GateNews45m ago
Chainlink (LINK) rebounds in April strengthen signals: whale accumulation, ETF inflows, and supply tightening resonate
Chainlink (LINK) experienced its first bullish candle in March 2026 after six months of decline, indicating an improvement in market sentiment. Whales and medium-sized holder addresses continue to add positions, and institutional demand remains steadily increasing, suggesting a growing willingness for medium- to long-term capital accumulation. Reduced supply and increased on-chain accumulation alleviate selling pressure. LINK is approaching a key support zone; holding this level could signal a reversal. However, macroeconomic uncertainties may still limit the upside potential.
GateNews47m ago
Pi Network (PI) ends 7 months of silence: volatility surges + negative correlation, Bitcoin's rise actually becomes a bearish signal?
Pi Network (PI) has experienced 7 months of low-volatility compression, leading to a clear change in market structure, with the current price around $0.1883. Recent volatility has rebounded above 100%, indicating a new phase in the market, but its rebound potential may be limited by its negative correlation with Bitcoin. Technical analysis shows a potential double-top pattern; if the price drops below $0.1894, it could fall to $0.1527. Short-term trends will be influenced by technical structures and changes in its correlation with Bitcoin.
GateNews48m ago
Ethereum hits the crucial $2,500 mark: capital outflows surge, but valuation risks emerge
Ethereum's current price remains above $2,100 and is in an upward channel, but a breakthrough of the key resistance at $2,393 is needed to continue rising toward $2,500. Meanwhile, on-chain fund inflows are increasing, indicating that investors are inclined to hold long-term, but valuation pressure is rising, and the impact of on-chain activity on price should be monitored. The short-term trend will depend on breaking through resistance levels and changes in market demand.
GateNews50m ago
