Predicted Market Trading Volume Hits All-Time High of $701.7 Million in a Single Day, Sports Sector Predicts Increased Activity

Predicted market trading volume reached an all-time high of $701.7 million in a single day, with increased activity observed across several sectors, including cryptocurrencies and digital assets. Market participants are reacting to the release of U.S. Consumer Price Index (CPI) data, which showed a softer-than-expected core inflation rate. This has led to renewed optimism among investors in the crypto market.

Bitcoin climbed above $92,000 on Tuesday following the December CPI data, which reported a 0.2% rise in core inflation, below market expectations. This improvement in inflation data has tilted the market sentiment in favor of risk assets, particularly cryptocurrencies.

Ethereum also recorded a slight gain despite retail distribution pressures. The S&P 500 and Nasdaq Composite both edged slightly lower after the CPI report. However, the crypto market showed signs of improvement, with over $176 million in liquidations reported over the past 24 hours.

Why Did This Happen?

The soft core CPI data influenced market behavior, shifting the narrative in favor of digital assets and risk-on assets. Market participants responded positively to the inflation data, with Bitcoin posting a 1.8% gain over the past 24 hours. This move was supported by growing expectations that the Federal Reserve may maintain its cautious easing path.

The crypto market also experienced significant inflows into Ethereum ETFs, with U.S. spot Ethereum ETFs recording $129.72 million in net inflows on January 13. This marked the second consecutive day of positive momentum, reflecting growing institutional confidence in cryptocurrency investment vehicles.

How Did Markets React?

Ethereum ETFs demonstrated sustained institutional demand, with BlackRock's iShares Ethereum Trust (ETHA) leading the inflow trend with $53.03 million in net inflows. Other major providers, including Grayscale and Bitwise, also reported strong inflows, indicating broad-based institutional support across multiple financial products.

In contrast, Bitcoin ETFs have seen a decline in investor confidence, with spot Bitcoin ETFs losing $681 million in the first week of 2026. The outflows were attributed to fading rate-cut hopes and rising geopolitical risks, which prompted investors to shift into risk-off positions.

What Are Analysts Watching Next?

Monero (XMR) made headlines by surpassing $700 and hitting a new all-time high, with global open interest surging to $291 million. This rally was attributed to Dubai's ban on privacy-focused tokens on exchanges, which increased demand for Monero and other privacy coins.

Meanwhile, privacy coins like XMR and DASH have regained attention as investors seek alternatives to traditional crypto assets. Open interest for XMR derivatives has reached record levels, with traders adding exposure rather than cutting it.

Bitcoin's future remains uncertain as ETFs continue to see outflows. Analysts are monitoring upcoming CPI data and Federal Reserve guidance for clues on when easing could resume. Until clearer signals emerge, positioning is likely to remain cautious.

The growing popularity of Ethereum ETFs has also had a secondary effect on the underlying blockchain network. Increased institutional investment correlates with reduced price volatility, making Ethereum more suitable for enterprise applications and decentralized finance protocols.

Institutional adoption of Ethereum ETFs follows identifiable patterns that differ from retail investor behavior. Large financial institutions typically implement phased allocation strategies, beginning with small pilot investments before scaling up exposure as they gain operational experience and regulatory comfort.

The sustained inflows observed over two consecutive days suggest that many institutions have progressed beyond initial pilot phases. This trend reflects improving regulatory clarity, maturing market infrastructure, and increasing recognition of Ethereum's unique value proposition beyond simple cryptocurrency exposure.