
{"id":125834,"date":"2026-01-09T08:14:21","date_gmt":"2026-01-09T08:14:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=125834"},"modified":"2026-01-09T08:14:21","modified_gmt":"2026-01-09T08:14:21","slug":"crypto-market-news-today-january-9-bitcoin-price-slid-under-90k-before-bouncing-back-ethereum-holds-above-3k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=125834","title":{"rendered":"Crypto Market News Today, January 9: Bitcoin Price Slid Under $90K Before Bouncing Back, Ethereum Holds Above $3K"},"content":{"rendered":"<p>Another week in crypto wrapped up with a mix of nerves and joy. Bitcoin price briefly slipped under $90,000 before it bounced to above the critical level again late last night, posting an overall gain of 2.5% this week, and Ethereum, on the other hand, managed to stay above $3,000 price range despite pressure across the market, a clean 3% gain this week.<\/p>\n<p>By Friday, the dust had mostly settled. Bitcoin price bounced and steadied as Ethereum gave the market something to hold onto after a choppy few days.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/\" target=\"_blank\" rel=\"noopener\"><strong>CoinGecko<\/strong><\/a>)<\/p>\n<p>While crypto was moving sideways, traditional markets pushed ahead. US stocks printed fresh all-time highs this week. Silver surged to $79, and gold climbed past $4,500 since Donald Trump\u2019s inauguration. Crypto is yet to follow the same momentum.<\/p>\n<p>Last year alone, Bitcoin slid by 8% from $99,000 to $90,000, and the Ethereum price followed, dropping from $3,435 to about $3,100. Comments from US Treasury Secretary Scott Bessent calling for further rate cuts, along with jobless claims coming in slightly below expectations, helped ease some pressure late in the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-january-8-btc-usd-follows-the-trend-line-as-ethereum-price-in-queue-for-a-breakout\/\" target=\"_blank\" rel=\"noopener\">week<\/a>.<\/p>\n<p>Is 2026 going to be the year for crypto?<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<h2>Bitcoin Price Action: Panic at The Crypto Disco?<\/h2>\n<p>Bitcoin spent much of the week filling a CME gap, with another gap at around $88,000 price level still drawing attention. Early Thursday, selling pushed Bitcoin down to around $89,200. The recovery was quick, though, with the price stabilizing at $91,000 heading into the weekend.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>Open interest dipped slightly, and more than $52 million in positions were liquidated. Even so, people continue to point to long consolidation. Bitcoin price has held between $87,000 and $92,000, supported by ETF inflows near $86,500. Resistance remains heavy at $92,000 and, more importantly, the $100,000 psychological level.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\" rel=\"noopener\"><strong>Coinglass<\/strong><\/a>)<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">10+ Next Crypto to 100X In 2026<\/a><\/strong><\/p>\n<h2>Ethereum Holds as Altcoins Struggle<\/h2>\n<p>Ethereum price does what it needed to do. Staying above $3,000. Trading around $3,100, Ethereum benefited from continued staking demand, including a major addition from Tom Lee\u2019s Bitmine, which added over $60 million worth of ETH staking this week. Futures activity cooled slightly, but funding rates stayed positive, and long-term confidence is still intact.<\/p>\n<p>BREAKING:  Tom Lee&#8217;s Bitmine has staked 19,200 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> worth $60.85 million.<\/p>\n<p>They have staked $2.62 billion in Ethereum till now. <a href=\"https:\/\/t.co\/ti3zIzVWqA\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/ti3zIzVWqA<\/a><\/p>\n<p>\u2014 Ash Crypto (@AshCrypto) <a href=\"https:\/\/twitter.com\/AshCrypto\/status\/2009136279813030215?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 8, 2026<\/a><\/p>\n\n<p>Elsewhere, Zcash dropped 20% after its core development team resigned, highlighting how fragile some projects remain.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>In past cycles, we know the sentiment and price movement looked dull before it was followed by explosive moves. If the Ethereum price can eventually clear $3,600, it may once again be the doctor for altcoin recovery.<\/p>\n<p>Bitcoin remains the market\u2019s compass. But Ethereum needs to run, so other altcoins can follow.<\/p>\n<p><strong>DISCOVER: <\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"noopener\">16+ New and Upcoming Binance Listings in <\/a><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">2026<\/a><\/strong><br \/>\n<strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/report\/state-of-crypto-q4-2025\/\">99Bitcoins\u2019 Q4 2025 State of Crypto Market Report<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\"><span>Follow 99Bitcoins on\u00a0<\/span><\/a><a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"noopener\">X<\/a>\u00a0For the Latest Market Updates and Subscribe on\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/p>\n<p><span><\/span><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-no-updates\">\n<p>There are no live updates available yet. Please check back soon!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-january-9-bitcoin-price-slid-under-90k-before-bouncing-back-ethereum-holds-above-3k\/\">Crypto Market News Today, January 9: Bitcoin Price Slid Under $90K Before Bouncing Back, Ethereum Holds Above $3K<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Another week in crypto wrapped up with a mix of nerves and joy. Bitcoin price briefly slipped under $90,000 before it bounced to above the critical level again late last night, posting an overall gain of 2.5% this week, and Ethereum, on the other hand, managed to stay above $3,000 price range despite pressure across [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":125835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125834"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125834"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125835"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}