Bitcoin was trading just above $92,008 at around 9.10 am today, January 12, representing a gain of 1.57% from the previous day and a 1.02% decline in a week, APA reports, citing msn.com.
The world's largest cryptocurrency dipped to a low of $90,239 and peaked at $92,340 in the morning session.
"Bitcoin continues to trade range-bound between $89,200 and $92,000 as investors remain cautious amid rising geopolitical tensions. With BTC currently testing resistance near $92,000, a daily close above this level would strengthen the bullish case. On the downside, the $89,500 zone continues to act as a key support level," said Akshat Siddhant, Lead Quant Analyst, Mudrex.
Other crypto tokens, too, were volatile. ETH was up 2.07%, ADA 2.61%, SOL 5.07%, Tether 0.01%, while XRP was down 0.03%, in the past 24 hours.
As per Riya Sehgal, Research Analyst, Delta Exchange, the crypto market opened the week on a positive note, with Bitcoin and Ethereum leading modest gains. Ethereum added over 2% to trade around $3,150, while the broader market followed suit, with Solana (+5.4%), Cardano (+3%).
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