Bitcoin Surges Past $90K, Yet Market Sentiment Remains Cautious
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 03 2026- Price Breakthrough: Bitcoin recently surpassed the $90,000 mark, sparking speculation about a potential rise to $95,000; however, overall economic uncertainty has led traders to remain cautious, confining the cryptocurrency within a tight trading range.
- Macroeconomic Impact: Weak US employment data and Tesla's 15% year-over-year sales drop to 418,227 vehicles have heightened concerns about economic growth prospects, resulting in subdued investor sentiment towards risk assets.
- ETF Fund Outflows: Since mid-December, over $900 million has exited Bitcoin spot ETFs, indicating a cautious stance among investors, while gold ETFs have seen inflows for seven consecutive weeks, suggesting a shift towards safer assets.
- Future Outlook: Despite Bitcoin showing some resilience, market participants remain skeptical about a sustained breakout above $90,000, with consolidation expected in the coming days, reflecting ongoing concerns over macroeconomic uncertainties.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
