In brief
- Bitcoin hovers near $90,600 after failing to break above $94,000, stuck in death cross territory despite a brief ETF-fueled spike.
- Total crypto market cap sits at $3.06 trillion, down 1.14% with bearish technical indicators suggesting further downside ahead.
- Prediction markets remain resiliently bullish, with traders giving a new “Crypto Winter” only a 4.9% chance.
That brief spike of hope in the crypto market? Probably gone. Bitcoin’s trading around $90,600 after a quick trip above $93,000 earlier this week, and the broader crypto market’s feeling the chill. The total market cap sits at $3.06 trillion—down about $35 billion, or 1.14%—and a quick scan of the top 100 coins shows 80% are underperforming today. So much for…
Jan 09 2026
