.png){kind=logo}
Bitcoin held near $91,102, with resistance levels at $92,500–$93,500 according to CoinSwitch Markets Desk.
Solana rose 2.7% daily, XRP gained 12.98% weekly, and Ethereum stayed above $3,100.
Ethereum upgrades advanced, Cambodia halted Prince Bank, and major Web3 events were announced.
Crypto prices today (January 9) showed mixed signals. Bitcoin traded around $91,000 with a minor correction of 0.24%. Altcoins followed suit, Ethereum was down 0.93%, Cardano and TRON also showed dips of 1.47% and 0.09%, although other major altcoins were on an uptrend. Meanwhile traders positioned themselves ahead of crucial US employment data. The crypto market cap at press time was up 0.14% to 3.11 trillion.
Here’s what happened in crypto market today based on CoinMarketCap data.
Bitcoin price remained relatively stable at $91,102, down 0.24% over the past 24 hours. Linh Tran, senior market analyst at XS.com, suggested that Bitcoin's trading range for the rest of January will likely stay between $88,000 and $95,000. Investors await the US non farm payrolls report, which could influence the Federal Reserve's interest rate decisions.
CoinSwitch Markets Desk commented, “BTC is trading near $91,200 after seeing a pullback below $89,500. The decline was driven by profit-taking, ETF outflows, and fading expectations of near-term Fed rate cuts, which reduced risk appetite across crypto markets.”
The analysts further noted, “Prices rebounded modestly as buyers stepped in near the $89,200–$90,000 zone, coinciding with the 50-day moving average, a widely watched technical support. BTC is now attempting to stabilize, with short-term price action expected to remain range-bound. A sustained hold above $90,000 keeps the broader structure intact, while resistance lies at $92,500–$93,500.”
Looking at crypto prices today across the top ten digital assets, major tokens showed consolidation:
Ethereum price was trading at $3,113.41, down by 0.93% in 24 hours. XRP dipped by 1.17% to $2.12. Dogecoin fell 1.84% daily and continued its strong performance at $0.1424. Cardano decreased 0.09% to $0.3970 and TRON was down by 1.47% to $0.2933.
On the other hand, Solana price surged 2.70% to $140.33. BNB soared 0.31% to $894.74. Stablecoins traded flat showing minimal fluctuations. USDC was at $0.9996 while Tether was up 0.02% to $0.9988.
Also Read: Solana Risk Profile 2026: Speculation or Value?
Here are the top global headlines impacting crypto prices today:
President Donald Trump announced a $200 billion mortgage bond purchase program and a $1.5 trillion military budget increase. These plans caused Treasury futures to rise and improved overall risk appetite.
However, traders remain cautious ahead of the US jobs report, which would have an impact on Federal Reserve rate cut decisions. Money markets are currently pricing in at least two quarter-point interest rate reductions in 2026.
The 172nd Ethereum Consensus Layer Core Developers Meeting brought many important updates. Developers confirmed the successful activation of BPO2 and increased the Blob Target to 14 and Limit to 21. EIP-8070, known as Sparse Blob Pool, was confirmed for inclusion in the upcoming Glamsterdam upgrade. The proposal process for Hegota headlines has also started, with a February 5 deadline for submissions.
The National Bank of Cambodia halted all new business activities of Prince Bank after its founder, Chen Zhi, became involved in multiple international cryptocurrency fraud cases. The bank's operations and assets are now under management for auditing and liquidation. Depositors can still withdraw funds according to regulations, while borrowers must continue making loan payments. This development highlights ongoing regulatory concerns in the crypto space.
The schedule for global Web3 summits in 2026 has been announced, featuring a comprehensive lineup of events throughout the year. Major conferences including Consensus, TOKEN2049, EthCC, and the Bitcoin series will take place across key cities in North America, Europe, Asia, and the Middle East. The schedule also includes specialized summits focusing on real-world assets (RWA), artificial intelligence, digital assets, and compliant finance.
Oil prices extended their advance as investors monitored developments in Venezuela and Iran, while gold remained steady. Silver pulled back from this week's record highs. Fitch Ratings raised its US growth outlook, estimating GDP expanded 2.1% in 2025 and forecasting 2.0% growth in 2026.
The dollar held onto gains from the previous session, maintaining pressure on risk assets. A potential Supreme Court ruling on President Trump's tariffs could arrive as soon as Friday, creating additional uncertainty for markets. Hundreds of companies are hoping to recoup billions of dollars in duties paid.
Also Read: Crypto News Today: Binance Expands Futures Offering With Regulated Gold and Silver Contracts
Analysts expect Bitcoin to show a cautiously upward bias rather than entering a deep bearish reversal. The consolidation pattern suggests steady trading between support and resistance levels through January. Broader market catalysts like employment data and rate decisions would likely determine the next major move for crypto prices.
1. Why is Bitcoin price trading around $91,000 today?
Bitcoin has been fluctuating within a narrow range due to the market awaiting the US nonfarm payrolls report. A report has the ability to influence when and how the Federal Reserve will make changes to interest rates, thereby influencing how traders view cryptocurrencies and leading them to act cautiously.
2. Why have altcoin like Solana and XRP risen in crypto market today?
Altcoins have shown an increase because while market sentiment remained fairly neutral, traders have rotated their dollars from underperforming tokens to those that have been performing well. Positive overall trade volume in Asia, strong weekly price momentum, and general ‘risk-on’ signals coming from Asia contributed to altcoins moving up in value, despite their limited trading volumes.
3. How does US employment data affect crypto prices?
US employment numbers help form expectations for future changes to interest rates. Strong employment numbers can change traders' expectations for when the Federal Reserve might begin to cut interest rates, thereby supporting the value of the USD at the expense of cryptocurrencies. Conversely, if employment numbers are disappointing or weak, traders may believe the Federal Reserve is more likely to lower interest rates earlier, which traditionally supports both Bitcoin and altcoins.
4. What range do analysts expect Bitcoin to remain within going forward?
Analysts currently expect Bitcoin to continue trading within a period of consolidation between approximately $88,000 and $95,000. This sideways movement suggests that market participants are currently buying up Bitcoin while others are selling Bitcoin, as opposed to panic selling or buying based upon macroeconomic conditions. The only possible significant outlier would be an unexpected major macroeconomic event that changes the overall market view significantly in one direction or another.
5. Does the current Trend in cryptocurrency indicate a bullish or bearish outlook?
The trend is exhibiting modest but optimistic growth; the price increases are occurring gradually, but traders appear to be taking a conservative approach anticipating upcoming US elections, economic news, etc. The absence of any significant selling activity may indicate that the market is stabilizing, whereas continued slow increase in prices suggests that traders want more definitive signals before committing to larger purchases.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
