Gate 2025 Year-End Community Gala #Gate广场创作者新春激励 Regulatory clouds loom overhead, key market support levels face testing
During the Asian trading session this morning, Bitcoin's price retreated from a high of $97,900 to around $95,391, a daily decline of 0.64%. Market caution is not limited to Bitcoin; Ethereum (ETH) also struggles near $3,300, with only a 0.05% increase over the past 24 hours. The total cryptocurrency market cap remains stable at approximately $3.23 trillion. Market Overview Today On January 16, 2026, the overall virtual currency market shows a cautious and slightly weak trend. After failing to push above $97,900 yesterday, Bitcoin further retreated today to the critical support zone around $95,500. Although Ethereum remains above $3,300, its 24-hour gain is only 0.11%, showing similar fatigue as Bitcoin. Other major cryptocurrencies display clear divergence: Cardano (ADA) down 2.50%, XRP down 0.98%, Solana (SOL) down 1.18%, while Tether (USDT) remains stable. In terms of capital flow, the market over
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Gate 2025 Year-End Community Gala #Gate广场创作者新春激励 Regulatory clouds loom overhead, key market support levels face testing
During the Asian trading session this morning, Bitcoin's price retreated from a high of $97,900 to around $95,391, a daily decline of 0.64%. Market caution is not limited to Bitcoin; Ethereum (ETH) also struggles near $3,300, with only a 0.05% increase over the past 24 hours. The total cryptocurrency market cap remains stable at approximately $3.23 trillion.
Market Overview Today
On January 16, 2026, the overall virtual currency market shows a cautious and slightly weak trend. After failing to push above $97,900 yesterday, Bitcoin further retreated today to the critical support zone around $95,500. Although Ethereum remains above $3,300, its 24-hour gain is only 0.11%, showing similar fatigue as Bitcoin. Other major cryptocurrencies display clear divergence: Cardano (ADA) down 2.50%, XRP down 0.98%, Solana (SOL) down 1.18%, while Tether (USDT) remains stable.
In terms of capital flow, the market over