#Gate广场创作者新春激励 Regulatory clouds loom overhead, key market support levels face testing
During the Asian trading session this morning, Bitcoin's price retreated from a high of $97,900 to around $95,391, a daily decline of 0.64%. Market caution is not limited to Bitcoin; Ethereum (ETH) also struggles near $3,300, with only a 0.05% increase over the past 24 hours. The total cryptocurrency market cap remains stable at approximately $3.23 trillion.
Market Overview Today
On January 16, 2026, the overall virtual currency market shows a cautious and slightly weak trend. After failing to push above $97