Bitcoin Trades Flat as Crypto Markets Enter Consolidation Phase, Traders Remain Cautious

Jan 9, 2026 - 11:00
Bitcoin Trades Flat as Crypto Markets Enter Consolidation Phase, Traders Remain Cautious
Crypto markets traded sideways as Bitcoin held near the $90,000 mark amid cautious sentiment. Analysts said repeated rejections near key resistance levels have kept prices range-bound as investors await major macro triggers, including the US jobs report and a Supreme Court decision on trade tariffs. Ethereum and large-cap altcoins showed mixed movement, while experts said the market remains in a consolidation phase.