Over the past 24 hours, Aptos’sAPT/USD price rose 4.65% to $7.38. This continues its positive trend over the past week where it has experienced a 23.0% gain, moving from $6.08 to its current price. As it stands right now, the coin’s all-time high is $19.92.
The chart below compares the price movement and volatility for Aptos over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
Aptos’s trading volume has climbed 55.0% over the past week along with the circulating supply of the coin, which has increased 0.11%. This brings the circulating supply to 485.06 million. According to our data, the current market cap ranking for APT is #30 at $3.58 billion.
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XRP slid sharply below key support as a broad crypto sell-off intensified, wiping out leveraged positions, driving extreme oversold signals, and exposing mounting macro and regulatory stress that continues to weigh on digital asset prices.
Going into the weekend, the price of Bitcoin was unable to sustain the bullish momentum it displayed earlier in the past week. Since Friday, January 16th, the world’s leading cryptocurrency, repudiated by the price resistance above, now trades in a tight consolidatory bracket. Interestingly, this period of silence has been deemed transient, as recent on-chain data suggests an exciting time ahead for the BTC price.
Kimchi Premium Flips Positive As Local Demand Sees Buildup
In a January 17 post on the X platform, DeFi asset management platform XWIN Finance released an on-chain report, which suggests that Bitcoin might be closer to reaching a turning point than is apparent in its price action.
This hypothesis is based on the Bitcoin Kimchi Premium indicator. This measures the percentage difference between a cryptocurrency’s price (in this case, Bitcoin) on South Korean exchanges and its price on global exchanges. Simply put, it shows how much more Korean traders are willing to pay for Bitcoin.
When the Kimchi Premium transitions steadily from low or negative levels to cross above historically significant levels, this is typically viewed as a long signal from the metric. This interpretation is because a rising Kimchi Premium reflects growing local demand in South Korea, usually often influenced by retail buyers.
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In essence, Korean buyers are willing to pay more for Bitcoin, hence overwhelming the available supply and consequently pushing prices upwards.
In the post on X, XWIN Finance highlighted that this long signal had been sighted on the indicator. History also attests to the bullish significance of this signal; there have been major price moves to the upside following sustained increases in the Kimchi Premium.
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An example is the last sighting of the long signal in October 2023, where the index rose above a major threshold, as shown in the chart above. The price of Bitcoin witnessed a 370% rally after this signal went off in 2023.
According to XWIN Research, this same pattern seems to be playing out again in 2026. Hence, if the Kimchi Premium completes its long-signal formation, it could be a sign that buyers are occupying favourable positions for a bullish ride.
If history does repeat itself, the Bitcoin price could be on track to witness another exciting voyage, with the flagship cryptocurrency possibly putting in a more than 300% surge in the next cycle.
However, it is worth noting that macro conditions, institutional demand, and derivatives activity would be playing their roles to augment the pattern’s plausibility, as it should not be viewed as a standalone bullish sign.
Bitcoin Price At A Glance
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As of this writing, the price of BTC stands at around $95,280, reflecting no significant change in the past 24 hours.
Crypto prices are shedding October’s leverage overhang, with Grayscale seeing derivatives stability, easing supply pressure, and strengthening fundamentals that leave the market positioned for upside as regulatory and institutional forces take hold.
