Crypto Markets Consolidate, Bitcoin Holds Above $90K
Update: 2026-01-07
Description
Crypto markets kicked off the new year with Bitcoin holding steady above $90,000 and Ether outperforming it. Despite a slight dip in Hong Kong, Bitcoin remains range-bound, with analysts predicting it could reach all-time highs or drop due to the four-year cycle. Ethers story involves cooling futures positioning, with open interest in CME ethereum futures falling back to July levels. Glassnode data supports this, showing options markets de-risking and U.S. spot ETF flows turning positive again. Overall, its a consolidation period for Bitcoin and Ether, with gold eyeing new highs and Japans Nikkei slipping half a percent. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
