Bitcoin holds $91,000 support as traders wait for US CPI data.
Ethereum and Solana lead altcoin gains with strong daily volumes.
XRP ETFs attract $1.22 billion, supporting prices despite recent losses.
Crypto prices today showed bullish signals. Bitcoin price held steady near $92,000, and altcoins followed suit, with most on an uptrend. BNB and TRON were the only coins that defied the upward momentum. The global market cap was at $3.14 trillion, up 1.42%. The market is finding support despite ongoing uncertainty around Federal Reserve policy and upcoming US inflation data.
Here is what happened in the crypto market today based on CoinMarketCap data.
Bitcoin price was trading at $92,131 at press time. The world’s largest cryptocurrency was up 1.64% in the last 24 hours, with a market cap of $1.84 trillion. Its trading volume reached $25.1 billion as investors wait for the Consumer Price Index (CPI) report expected to be released on January 13, 2026.
CoinSwitch Markets Desk noted, “BTC is 1.2% up in the last 24 hours and has consolidated between $90,000–$92,000, with buying near $90,000 signaling demand, while repeated rejections above $92,000 reflect market indecision as participants await a signal and direction. Over the past few weeks, BTC has remained range-bound within $86,000–$94,000, a structure that closely resembles its March–May 2025 consolidation phase, which later resulted in a strong breakout.”
The popular crypto exchanges’ analysts further explained, “Historically, a similar setup resolved bullishly once resistance was breached, with BTC gaining roughly 46% after breaking $86,000 and eventually peaking near $126,000. This week brings several key macro triggers, including CPI and PPI, which markets will closely watch as they could be crucial in shaping near-term risk sentiment.”
XRP price rose 0.10% to $2.09 with a market cap of $126.9 billion. Despite six straight days of losses last week, the token has gained 11.5% year-to-date. Its growth is supported by strong demand for XRP spot ETFs.
Ripple CEO Brad Garlinghouse highlighted the company's acquisitions and expanding real-world utility. He stated that XRP will continue to be ‘the heartbeat’ of Ripple's vision for the Internet of Value. Canary Funds CEO Steve McClurg expects XRP to perform independently, noting that while most altcoins typically follow Bitcoin, XRP is showing signs of breaking that pattern.
US XRP spot ETF market has seen $1.22 billion in net inflows since launching in mid-2025. The Canary XRP ETF leads with $393.66 million in net inflows, while Bitwise, Franklin, and Grayscale ETFs have also recorded strong demand.
Here’s how other top tokens performed:
Ethereum price climbed 2.14% to $3,158, with its market cap reaching $381 billion. Solana price jumped 4.95% to $142.74, marking one of the strongest gains among major cryptocurrencies. Dogecoin gained 1.39% to $0.1407, while Cardano (ADA) rose 2.34% to $0.3993.
BNB and TRON, on the other hand, faced minor corrections. BNB dropped 0.41% to $907.99, with a market cap of $125 billion. TRON (TRX) fell 0.27% to $0.2987, with a market cap of $28.2 billion. Stablecoins offered liquidity; USDC and USDT held steady at $1 and $0.9986, respectively.
Also Read: How to Secure Your Phone and Crypto Apps: 2026 Guide
India's Financial Intelligence Unit (FIU) has released new guidelines that tighten rules for bringing users onto crypto platforms. The new requirements aim to prevent money laundering and improve security.
Under the updated rules, crypto exchanges must verify users through live selfie pictures that track eye and head movements. This prevents AI deepfakes from bypassing the know-your-customer (KYC) process.
Exchanges will also need to collect geolocation data and IP addresses when accounts are created, along with timestamps. Users must provide additional government-issued photo ID and verify their email and mobile numbers.
The exchanges must also verify user bank accounts by sending a small test transaction to meet anti-money laundering (AML) requirements.
India's Income Tax Department officials told lawmakers that cryptocurrencies make tax enforcement difficult due to anonymous wallets, decentralized exchanges, and cross-border transactions. Under Indian law, crypto gains are taxed at 30%, and traders cannot use losses to offset gains from other transactions.
The strong US jobs data from January 9 gave traditional markets a boost. It showed slower hiring than expected, with unemployment dropping to 4.4%. This data gave Wall Street a boost, and Asian markets opened higher on January 12, with Shanghai up 0.24% and Hong Kong's Hang Seng adding 0.14%. Thus, offering a positive backdrop for crypto prices today.
Oil prices are also climbing due to unrest in Iran and supply concerns, which typically signals risk-on sentiment in broader markets. However, the Federal Reserve faces fresh uncertainty after Chair Jerome Powell revealed that the central bank received grand jury subpoenas from the Justice Department. This adds another layer of complexity as Powell's term ends in May 2026.
The market is now waiting for Tuesday's CPI report, which will provide crucial insight into inflation trends and the Fed's likely policy path. Any surprise in the inflation data could quickly move Bitcoin and other cryptocurrencies through changes in ETF flows and leverage positions.
Traders have been expecting rate cuts in 2026, and the CPI numbers will either support or challenge that view. If inflation comes in softer than expected, it could boost bets on a March Fed rate cut and lift crypto prices further.
Crypto prices today reflect cautious optimism as investors await key economic data. The CPI report on January 13 and the Fed's policy meeting later this month will likely set the direction for the next few weeks. Strong XRP ETF demand and legislative progress on crypto regulation could provide additional support for the market.
Also Read: Ethereum News Today: ETH Sentiment Falls to Levels Seen Before 2025 Price Rally
1. Why is Bitcoin price holding near $92,000 today?
The price of Bitcoin is stabilizing at approximately $92,000 because buyers are stepping in to support the $91,000 levels; most investors are cautiously optimistic, waiting to receive US inflation data that may affect Federal Reserve interest rate investment decisions and hence market sentiment.
2. Why are Ethereum and Solana prices rising today?
The increasing demand for Ethereum is being driven by increased utilization of the Ethereum network with a significant increase in institutional investment interest, while Solana's price has recently rebounded after a period of moderate weakness, resulting from a combination of strong trading volume, as well as an increase in investor confidence with respect to Solana's ecosystem and continued developer activity.
3. What is driving XRP’s price despite recent losses?
XRP is supported by strong demand for US-listed spot ETFs. These ETFs have attracted over $1.22 billion in net inflows, helping XRP stay resilient even after several days of price declines.
4. How does US CPI data affect crypto prices?
The CPI data provides insight into the pace of inflation within the US economy. Should inflation turn out to be less than anticipated, investors may speculate that interest rate cuts are forthcoming, given that investors tend to exhibit an increased appetite for Bitcoin and all other cryptocurrency assets when the perceived risk of monetary tightening decreases.
5. What do India’s new crypto KYC rules mean for users?
These new KYC requirements will require users to provide significantly more comprehensive identity verification, including live selfies, bank account verification, and location information. While these requirements will serve to reduce instances of fraud and money laundering, the overall onboarding experience for users looking to invest in the cryptocurrency sector in India will be lengthened due to these new security protocols.
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