Crypto Market in Bearish Territory Amid Funding Rate Signals and $1.687B in Liquidations

Friday, Jan 30, 2026 1:34 am ET1min read
BTC--
SUI--

The crypto market has experienced a significant downturn, with total liquidations reaching $1.687B in the past 24 hours, according to Coinglass data. Funding rates on major CEX/DEX platforms indicate overall bearish sentiment, with most altcoins displaying stronger bearish bias. Top coins like BTC, ETH, SUI, and BCH show milder bearishness. Funding rates are fees set by exchanges to align perpetual contract prices with underlying asset values.

Crypto Market in Bearish Territory Amid Funding Rate Signals and $1.687B in Liquidations

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