๐ Crypto Market Update โ January 12, 2026 (Early PKT)
The market is showing mild consolidation after the new year kickoff, with Bitcoin leading the way in a tight range.
๐ฅ Bitcoin (BTC) Update
Trading: $90,700โ$91,000 (+0.3% to +0.6% 24h)
BTC briefly crossed $91,000 USDT but failed to hold above $92,000.
Analysts watch $91,500โ$93,500 as key resistance this week. A breakout could push BTC toward $95,000+, while rejection may see a dip to $88,000โ$86,000.
AI predictions and rainbow chart models hint at multiple potential paths for the month.
๐ Ethereum (ETH) Snapshot
Trading: $3,090โ$3,110, consolidating in a symmetrical triangle.
Traders eye a breakout above $3,300 (bullish) or drop toward $2,900 (bearish).
Stablecoin deployments on Ethereum earned billions in 2025, reinforcing its role as the settlement layer for digital dollars.
๐น Market Overview
Total crypto market cap: $3.19 trillion
BTC dominance: ~57%
Notable movers:
Monero (XMR) surged 16%+ to above $560 (highest since 2021)
Solana shows modest gains
Altcoin rotation continues
โ๏ธ Regulatory & Policy News
U.S. Senate committees advancing a major crypto market structure bill, hearings expected soon
Discussions include stablecoin rewards and DeFi provisions
Trump-linked World Liberty Financial seeking a bank charter for USD1 stablecoins
๐ฆ Institutional & ETF Developments
Early 2026 saw spot BTC ETF outflows due to macro factors
Institutional interest remains strong, especially in stablecoin adoption
๐ Key Takeaway
BTC may feel โsidewaysโ in the short term, but with regulatory momentum and institutional positioning, upside potential remains for later in the year.
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