Bitcoin stalls around the $90,000 mark as ETF net outflows continue for the fourth consecutive day, drawing attention

Source: BlockMedia Original Title: [Coin Market] Bitcoin at $90,000 ‘Eyeing Each Other’⋯ Macro Events Draw Attention Amid ETF Outflows for Four Days Original Link: Bitcoin has failed to find a clear direction within the $90,000 range for consecutive days, showing a sideways consolidation trend.

As of 8:25 a.m. on January 12, local digital asset exchange data shows that Bitcoin is up 0.16% compared to 9 a.m. the day before, with a quote of 133.7 million Korean won. On global exchanges, Bitcoin has increased by 0.30% to $90,812. Meanwhile, Ethereum has risen 1.02% to $3,117, and XRP has decreased 1.08% to $2.07.

According to CoinGlass data, approximately $12.35 million worth of Bitcoin positions were liquidated in the past 24 hours, with about 53.9% being short positions. The total liquidation volume across the entire digital asset market in the past 24 hours reached $104.67 million.

The ongoing net outflow of spot ETF funds since last Saturday has also exerted pressure on the market. Data shows that Bitcoin spot ETFs have experienced net outflows for four consecutive days, with a total net outflow of $681 million over the past week.

Market analysis suggests that investment funds are shifting toward the stock market. According to the latest U.S. employment report, non-farm employment increased by 50,000 last month, below the market expectation of 73,000, but the unemployment rate was 4.4%, lower than the expected 4.5%. This is interpreted as a sign that the U.S. economy is maintaining moderate growth. Influenced by this, the three major U.S. stock indices all rose on the 9th— the S&P 500 increased by 44.82 points to 6,966.28, the Dow Jones Industrial Average rose by 237.96 points to 49,504.07, and the Nasdaq Composite increased by 191.33 points to 23,671.35.

Several political and economic events this week could intensify market volatility. The ruling on the unconstitutionality of the Trump administration’s tariff policies, originally scheduled for the 9th, has been postponed to the 14th. Additionally, the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) released on the 13th and 14th, respectively, are key indicators for gauging the Federal Reserve’s future monetary policy direction and are closely watched by the market.

Furthermore, the U.S. implementation of credit card interest rate limits is expected to stimulate digital asset demand in the medium to long term. President Trump stated via social media on the 11th that he has requested to limit credit card interest rates to an annualized 10% starting from January 20, 2026, during his presidency, to ease the burden on Americans. Although Congress has attempted multiple times to legislate to cap credit card interest rates, success has not yet been achieved. Trump’s statement did not explicitly support any specific bill, and was criticized by opposition party members.

Crypto analysts point out that a 10% cap on credit card interest rates could prompt companies like Visa and MasterCard to respond, creating opportunities for Bitcoin, stablecoins, and Ethereum-based DeFi applications to expand.

From market sentiment, the Alternative Fear & Greed Index recorded a reading of 29 today, slightly up from 25 the previous day. The closer the index is to 0, the stronger the fear sentiment; the closer to 100, the stronger the greed sentiment.