Crypto market steady at $3.22 trillion while Bitcoin consolidates nearly $95,300

The crypto market remained stable in mid-January, with total market capitalization hovering around $3.22 trillion and Bitcoin consolidating around the $95,000 level. The cryptocurrency was trading at the $95,041 level.In the past 24 hours, Bitcoin and Ethereum are down 0.64% and 0.67% respectively. Among the major altcoins, XRP, Dogecoin fell 0.69% and 1.89% respectively during the same period, while BNB, Solana, Tron, Cardano and Hyperliquid rose more than 1%.

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Riya Sehgal, research analyst at Delta Exchange said that BTC is consolidating near $95,300 and maintaining its bullish structure above the 20-day EMA at $95,000. A break above $98,000 could trigger a move towards $101,000 – $103,000, while support is around $93,700.

Sehgal added that on the macro front, easing inflation expectations and ongoing US policy discussions are stabilizing risk appetite. With institutional participation increasing and regulatory clarity improving, the outlook for the first quarter of 2026 is optimistic.

Over the past week, Bitcoin and Ethereum rose 5% and 6.63% respectively. During the same period, the major altcoins, BNB, Solana, Tron, Cardano and Hyperliquid rose by over 5%, while XRP and Dogecoin fell by 1.79% and 1.86% during the same period.

Nischal Shetty, founder of WazirX, said the past 24 hours were defined less by dramatic market moves and more by signals derived from global macroeconomic indicators.