Crypto Majors Post First 2026 Dip as Bitcoin Trades at $92,000
Major cryptocurrencies fell for the first time in 2026, with Bitcoin trading at $92,000 while ETH, SOL and XRP also moved lower. The broader news flow included Morgan Stanley ETF filings, a scheduled Senate vote on crypto market structure, Hyperliquid airdrop speculation, and Nike’s sale of RTFKT.
What happened?
Major cryptocurrencies fell for the first time in 2026, with Bitcoin trading at $92,000 while ETH, SOL and XRP also moved lower. The broader news flow included Morgan Stanley ETF filings, a scheduled Senate vote on crypto market structure, Hyperliquid airdrop speculation, and Nike’s sale of RTFKT.
Why it matters
The market move came alongside several developments that matter for the crypto sector’s next phase of adoption and oversight. Morgan Stanley filed for Bitcoin, Ethereum and Solana ETFs, while the U.S. Senate Banking Committee scheduled a key vote next week on a crypto market-structure bill.
Crypto majors recorded their first decline of 2026, with Bitcoin down 2% at $92,000. Ether slipped 1% to $3,210, Solana fell 1% to $138, and XRP declined 0.5% to $2.24, according to the source material.
The market move came alongside several developments that matter for the crypto sector’s next phase of adoption and oversight. Morgan Stanley filed for Bitcoin, Ethereum and Solana ETFs, while the U.S. Senate Banking Committee scheduled a key vote next week on a crypto market-structure bill.
Network activity also remained a focus. Ethereum daily transactions reached a record of more than 2 million, pointing to elevated usage even as ETH traded lower on the day.
Elsewhere, Hyperliquid released a progress map, prompting speculation about a possible future airdrop. Telegram also disclosed that it sold $450 million of its TON holdings over the course of last year.
In crypto culture and NFTs, Nike announced it had sold off RTFKT. Following that news, Clone X prices jumped 250%, underscoring how brand decisions can still move sentiment in parts of the NFT market.