January 2026 U.S. CPI slowed to 2.4% year-on-year, down from 2.7% in December and below the 2.5% forecast; core was 2.5%, with monthly changes of 0.3% for headline and 0.2% for core. Stocks and crypto rallied, as S&P 500 futures rose 0.8%, Nasdaq 1.2%, 2-year yields fell to 4.1%, and Bitcoin approached $66,000.

XRP is trading at $2.08 after a 5% drop over seven days and an 18.3% decline in the past 30 days. MoonPay drew outsized attention by sharing a screenshot of a 589 XRP purchase via Apple Pay. The "589" figure—rooted in the Bearableguy123 meme—has reignited debate over hyper-bullish targets and its cultural weight, with recent posts on X, including a "589" from Solana’s account, further intensifying speculation.

XRP fell nearly 4% to $2.07 over 24 hours following Ripple's completion of its $1 billion acquisition of GTreasury. The deal provides Ripple access to a treasury platform serving over 800 corporations across 160 countries and processing $12.5 trillion in annual payments. Institutional investors in Europe allocated $549 million to XRP products in 2025, exceeding flows into Ethereum.

TRON trades at $0.28 after a 14.52% monthly decline, while the network hosts over $78.5 billion in USDT supply—more than 60% of global circulation. The protocol recently closed its USDJ stablecoin with a 1 USDJ = 1.5532 TRX redemption rate. The blockchain now focuses on collateral-backed stablecoin models including USDD and USDT.

Solana trades at $127.45 after a 31% decline over 30 days. Six newly launched U.S. spot ETFs have accumulated over $2 billion in assets, with inflows reaching $26.2 million on November 18. The ETFs recorded their 15th consecutive day of positive flows despite ongoing price weakness.

Bitmine Immersion Tech acquired 110,288 ETH for approximately $384 million, raising its total holdings to 3.5 million tokens valued at $12.21 billion. Ethereum's supply on centralized exchanges fell below 10% for the first time, dropping beneath Bitcoin's 11% exchange balance. The ETH/BTC pair continues to face rejection at long-term resistance extending from 2021, while weekly momentum indicators have turned bearish.

Dogecoin is trading near $0.18 after a 27% decline from its November high. On October 31, long-term wallets recorded net outflows of 22 million DOGE versus 8.2 million inflows, representing a 36% behavioral shift, according to Glassnode data. Technical indicators show a death cross formation after the 50-day EMA crossed below the 200-day EMA in late October.