Crypto Markets Cool After A Fast Squeeze As Bitcoin Holds $95,000
This is part of The Rio Times’ daily coverage of cryptocurrency markets and Latin American financial markets.
Key Points
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- Bitcoin steadied near $95,600 after a brief run above $97,000, with momentum indicators cooling.
- Spot Bitcoin ETF inflows stayed positive but slowed sharply on Jan. 15, hinting at more selective demand.
- Zcash’s regulatory overhang lifted, yet the rally faded fast, while several smaller tokens swung wildly.
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\nBitcoin opened Friday morning near $95,616, down 0.9% over 24 hours, after trading between roughly $95,101 and $97,151 on heavy perpetuals turnover of about $3.49 billion.
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\nThe price action looked less like a fresh breakout and more like a market catching its breath: a quick squeeze higher, followed by choppy consolidation as traders reduced leverage into the weekend.
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\nThe flow story still matters, but it is no longer one-way. Spot Bitcoin ETFs pulled in about $753.8 million on Jan. 13 and $840.6 million on Jan. 14.
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\nOn Jan. 15, net inflows slowed to about $100.2 million, with IBIT around +$315.8 million offset by outflows from FBTC near -$188.9 million and GBTC near -$36.4 million.
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\nEthereum’s ETF complex also saw appetite earlier in the week, including a reported +$175.1 million net inflow on Jan. 14, led by ETHA at roughly +$81.6 million, even as ETH slipped to about $3,308 on the day.
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\nMarket professionals framed the move as a test of an important threshold. LMAX strategist Joel Kruger pointed to regulation-driven sentiment support and highlighted $95,000 as a technical and psychological line.
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\nQCP Capital described the push through $95,000 as a catch-up move and suggested dips could keep finding buyers unless a genuinely new shock hits.
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\nTechnically, the shorter timeframe cooled first. On the four-hour chart, RSI eased into the high-50s and the MACD histogram turned negative, signaling fading impulse.
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\nThe daily chart stayed constructive with RSI in the mid-60s, but the weekly picture remained cautious, with RSI below 50 and MACD still deeply negative.
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\nTraders watched resistance near $96,090–$96,526 and the $97,000 zone, with support around $95,100–$95,250, then $93,600–$94,000.
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\nAltcoins told a messier story. Zcash surged after the SEC closed an investigation tied to a 2023 subpoena, then fell back toward the low-$400s.
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\nRIVER jumped about 76%, while PROM dropped about 39% and FRAX traded near $0.845, an unusually deep dislocation. The takeaway: selective inflows and thin liquidity are amplifying both winners and wipeouts.
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Live Market IntelligenceCrypto — Live Market Board
Rio Times · Live Market Intelligence
Crypto — Live Market Board
-0.26%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 63,384 | -0.26% | -47.24% | 63,552 | 64,346 | 63,305 | 22,774,743,040 |
| ETH | 1,886 | +0.26% | -58.90% | 1,881 | 1,920 | 1,879 | 7,916,475,392 |
| SOL | 75.89 | -0.40% | -60.44% | 76.20 | 76.99 | 75.39 | 1,473,821,056 |
| XRP | 1.01 | -1.15% | -69.07% | 1.02 | 1.02 | 1.01 | 1,144,044,416 |
| BNB | 609.60 | -1.12% | -26.81% | 616.50 | 619.30 | 609.23 | 1,266,706,432 |
| ADA | 0.18 | -1.98% | -78.22% | 0.19 | 0.19 | 0.18 | 238,085,632 |
| DOGE | 0.07 | -1.56% | -70.00% | 0.07 | 0.07 | 0.07 | 553,256,192 |
| AVAX | 6.38 | +1.04% | -74.11% | 6.32 | 6.42 | 6.21 | 248,470,560 |
| LINK | 8.77 | -0.06% | -62.73% | 8.77 | 8.87 | 8.68 | 317,054,880 |
| DOT | 0.78 | -0.75% | -81.11% | 0.79 | 0.80 | 0.78 | 43,490,492 |
| LTC | 45.08 | -0.85% | -65.45% | 45.47 | 45.59 | 44.98 | 143,727,712 |
| BCH | 213.85 | +0.10% | -65.44% | 213.64 | 215.69 | 212.54 | 137,956,688 |
| TRX | 0.34 | +0.28% | -4.73% | 0.33 | 0.34 | 0.33 | 436,576,064 |
| XLM | 0.16 | -1.33% | -64.46% | 0.16 | 0.16 | 0.16 | 89,559,864 |
| HBAR | 0.07 | -0.53% | -74.67% | 0.07 | 0.07 | 0.07 | 22,546,186 |
| NEAR | 1.65 | +2.42% | -40.55% | 1.62 | 1.68 | 1.61 | 187,591,264 |
| ATOM | 1.40 | -2.36% | -70.15% | 1.44 | 1.44 | 1.40 | 18,626,964 |
| AAVE | 89.06 | +0.93% | -72.33% | 88.24 | 90.20 | 88.19 | 129,099,704 |
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