Kategorie: Crypto Markets

• Bitcoin price saw a slight dip and sat near $91,300 at the time of writing.
• Gains on Tuesday followed bullish news from the MSCI.
• Will BTC bounce to reclaim $94,000, or will another rejection push prices under $90,000?

Bitcoin slipped to below $91,000 after hitting a fresh rejection near the $95,000 resistance level.

The decline came amid a 3% dump for the bellwether cryptocurrency in the early US trading session on January 7, 2026.

Market data shows the price of Bitcoin fell to lows of $90,986 across major exchanges. However, bulls were showing resilience as the price moved back above $91,300 at the time of writing.

Mixed market sentiment as Bitcoin slips to $91k

Bitcoin price faced renewed selling pressure on Wednesday as bearish forces regrouped and looked to regain control after the crypto market’s brief rally.

JUST IN: Bitcoin falls under $91,000 pic.twitter.com/4h25NgQydh

— Watcher.Guru (@WatcherGuru) January 7, 2026

On Tuesday, Bitcoin had jumped to near $95,000 before hitting a fresh rejection.

The dip to under $91,000 showed a mixed market outlook regarding the MSCI announcement that the index provider would not remove Strategy and other digital asset treasury companies from its benchmarks.

As seen across the market, this decision alleviated fears of forced selling by passive funds, sparking optimism and contributing to BTC’s temporary pump.

Morgan Stanley’s filing for spot Bitcoin and Solana ETFs also acted as a fresh tailwind.

However, amid outflows from spot Bitcoin ETFs, the positive sentiment soon gave way to some jitters. Bulls showed hesitation as investors weighed what the MSCI planned ahead of the upcoming review.

While many celebrated the news, some pointed to what the index noted.

CryptoQuant analyst Maartunn shared this cautious outlook via X:

“MSCI didn’t reject the idea of excluding crypto-heavy firms. They’re just delaying the decision and plan a broader review of investment-style companies,” he posted. “This feels more like a warning shot than a green light.”

Bitcoin price jitters

Bitcoin’s next move will be key for both bulls and bears.

Trading volumes have remained elevated in the past 24 hours, despite overall weakness and macroeconomic readings. A rebound from the pullback will accelerate a new rally.

But persistent bearish pressure could yet lead to another rejection. The RSI and MACD indicators on the 4-hour chart suggest sellers have an upper hand.

If prices slip under $90,000, a deeper correction may mean a revisit of support at $87k and then $85k.

In the short term, the $91,000 zone will act as a pivotal support.

An uptick and decisive close above $92,500 could signal renewed bullish conviction, potentially opening the door for a bullish retest of $95,000 and higher targets toward $100,000.

 

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• Ex-CFTC Commissioner Brian Quintenz joined SUI Group Holdings’ board.
• SUI price has broken the $1.80 resistance with strong volume and on-chain growth.
• ETF-driven market rebound amplified SUI’s high-beta upside momentum.

The SUI price has staged a strong rally as the market reacts to a combination of regulatory credibility, technical momentum, and improving broader crypto sentiment.

SUI has gained 8.57% over the last 24 hours, extending its weekly advance to 29.15% and significantly outperforming the wider crypto market rebound.

This rally places SUI among the strongest large-cap altcoin performers during the current risk-on phase.

At the centre of this rally is a high-profile governance development involving SUI Group Holdings.

CFTC Commissioner Brian Quintenz joins SUI Group Holdings board

SUI Group Holdings announced the appointment of former CFTC Commissioner Brian Quintenz to its board of directors, effective January 6.

Quintenz joins the board as an independent director and will also serve on the audit committee.

He previously served as a commissioner at the Commodity Futures Trading Commission and later as Global Head of Policy at a16z crypto.

This appointment immediately strengthened perceptions of regulatory legitimacy surrounding SUI Group Holdings and its institutional strategy.

SUI Group Holdings is a Nasdaq-listed company that maintains a treasury of approximately 108 million SUI tokens.

The company has positioned itself as an institutional gateway to the Sui ecosystem through structured treasury management and infrastructure alignment.

Brian Quintenz publicly framed his appointment as a validation of SUI Group Holdings’ SUI treasury strategy.

That messaging resonated strongly with investors seeking regulatory clarity amid increased scrutiny of digital asset markets.

For many market participants, the presence of a former CFTC Commissioner reduces perceived governance and compliance risk.

This regulatory signalling has become a meaningful catalyst for the SUI price rally.

Technical breakout confirms growing demand

Beyond governance headlines, the SUI price has delivered a decisive technical breakout.

SUI moved above the key $1.80 resistance level and continued higher toward $1.98, marking a multi-month high.

The breakout was supported by a sharp expansion in trading activity.

The 24-hour trading volume surged to approximately $2.19 billion, representing a 132% year-over-year increase.

A high trading volume during a resistance break is often interpreted as confirmation of trader conviction.

On-chain data further supports the bullish narrative.

Transaction activity on the Sui network has increased by roughly 30% since late November.

This rise suggests growing organic usage across decentralised finance (DeFi), gaming, and application-layer deployments.

Importantly, the market also absorbed a $65 million SUI token unlock on January 1 without sustained downside pressure.

Token unlock absorption is frequently viewed as a stress test of underlying demand.

SUI’s ability to maintain upward momentum following the unlock reduced fears of supply-driven sell-offs.

Together, these factors reinforced confidence that the rally was not purely speculative.

SUI price forecast

The near-term SUI price forecast remains constructive but increasingly dependent on key technical levels.

The former resistance zone around $1.85 now acts as an important support area.

Holding above this level would signal continued structural strength.

Below that, the 50-day exponential moving average (EMA) near $1.66 represents a critical medium-term support.

On the upside, sustained momentum could allow SUI to challenge the 100-day EMA near $2.00.

A successful break above $2.10 would likely attract trend-following capital and further volume expansion.

However, failure to hold above $1.85 could trigger short-term consolidation after the sharp rally.

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• XRP price rose to $2.40 as altcoins rally in early 2026.
• Bulls could extend gains amid broader market momentum.
• Several catalysts might bolster the Ripple Army.

XRP, the cryptocurrency token of Ripple, has experienced a remarkable double-digit surge, with the price climbing to $2.4 as of writing on January 6, 2026.

This rally might not only boost investor confidence but also spark renewed speculation amid the return of the “Ripple Army”.

In the past year, this fervent community of supporters that has long championed XRP’s potential, helped push prices to near a new all-time high.

While the dip has been brutal, surmounting regulatory hurdles and market demand for XRP investment products offer fresh catalysts for bulls.

XRP soars to $2.4

The surge began late last week, with XRP trading at around $1.95 on January 2, 2026, before gaining momentum over the weekend.

By early Tuesday, the token had risen over 23% in the past week.

Over 24 hours, the price was up 11% and saw an intraday peak of $2.4.

This move accelerated during the Asian trading session, with trading volumes surpassing $8.25 billion — a 138% increase within this period.

The double-digit increase in price pushed XRP’s market capitalisation beyond $140 billion.

XRP remains the fourth-largest cryptocurrency by market value, behind Bitcoin, Ethereum, and Tether.

XRP price gets bullish push

Analysts say the rally reflects a combination of supportive factors, led by a broader upswing across the cryptocurrency market.

Improving sentiment has been reinforced by renewed inflows into crypto-linked spot exchange-traded funds.

Bitcoin-backed ETFs recorded net inflows on Monday, ending a recent run of outflows and signalling a shift in short-term positioning.

At the same time, spot ETFs tied to Ripple have continued to attract fresh capital, extending a streak of net inflows that has been in place since their launch in November 2025.

JUST IN: ETF clients buy $46.1 million worth of $XRP, bringing total ETF-held net assets to $1.65 billion. pic.twitter.com/iKOV2EYhOU

— Whale Insider (@WhaleInsider) January 6, 2026

Bitcoin’s rally to above $94,000 means it could eye $100,000 next.

If this happens, an overall bounce with more capital could flow into altcoins like XRP will follow.

Significantly, bullish sentiment has also emerged amid Ripple’s expansion.

What’s next for XRP?

XRP’s trajectory hinges on several key developments, with optimists pointing to continued interest in XRP exchange-traded fund (ETF) as a marker.

Volatility, however, is inherent in crypto markets. Macroeconomic conditions and any adverse regulatory shifts also remain key headwinds.

The technical picture nonetheless signals a potential breakout to $4 or higher in the short term.

Immediate resistance is at $2.8, and the $3.8 peak hovers large for bulls.

If upside momentum fails, support levels are around $2.0 and $1.8.

XRP price is poised near $2.34 at the time of press.

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• IOTA price reached highs of $0.11 as top cryptocurrencies pumped.
• With sentiment bullish, buyers will fancy $0.2 next.
• The IOTA token has surged more than 37% in the past week.

Cryptocurrencies are experiencing a notable surge, with several projects, including IOTA, posting double-digit gains amid renewed investor optimism.

As of writing on January 6, 2026, IOTA changed hands at $0.117. This is after the altcoin’s 14% gains in the past 24 hours. Strong momentum put the token among top performers such as Sui, Render and VeChain.

Gains for the above altcoins come as Bitcoin shows a fresh resurgence with a spike to highs of $94,800. AI tokens and memecoins have also seen significant upticks even as investors weigh the latest geopolitical tension.

IOTA pumps 14% to above $0.11

A few altcoins stand out in the top 100 by market cap today.

As well as XRP, Sui and Injective, it’s IOTA that’s demonstrated impressive gains.

By surging more than 14% in the past 24 hours, the cryptocurrency has popped to above $0.11. This pump rides a 24-hour trading volume that has spiked 110% to over $32 million.

Amid a rising market, this volume surge indicates heightened interest. Robust buying pressure and liquidity inflows could bolster further price gains.

Notably, this IOTA price surge suggests growing confidence in layer-1 and utility-focused projects. Bulls might eye a shift in macroeconomic cues and technical recoveries for a breakout.

IOTA’s focus on real-world adoption could be a key catalyst for the native token.

Is $0.20 next for IOTA?

As for most altcoins, IOTA’s technical setup still signals caution on the side of buyers.

However, there are signs of a potential and then sustained breakout. Tapping into the gains to above $0.11 might bring key resistance levels into play.

For IOTA, the main hurdle lies in the $0.20 region.

But this also marks a coveted near-term target, and if momentum persists, sellers will be in trouble.

First though, bulls need a confirmed breakout above recent highs around $0.13. The area around $0.15 is another supply zone and taking bears out of the game here could accelerate gains toward $0.20.

However, this outlook depends on sustained market-wide sentiment. Rotation into small caps amid further altcoin strength, and a market that avoids widespread corrections, is what bulls want.

On the flip side, support levels near $0.10 remain critical.

Holding above this would reinforce the bullish case, but dipping under will encourage bears.

IOTA has rallied more than 37% in the past week. Meanwhile, bulls are well off the lows of $0.08 hit in December 2025.

 

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