Bitcoin Stuck Around $90,000 XRP, Dogecoin Trade Flat While Ethereum Rises 2%

Bitcoin has slipped below $90,000 on Monday morning as investors dial back risk ahead of key macro events this week, including jobs and inflation data.

Bitcoin ETFs saw $49.2 million in net inflows on Friday, while Ethereum ETFs reported $19.4 million in net outflows.

Bitcoin Facing Crucial Resistance

Crypto analyst Michael van de Poppe noted that Bitcoin swept Sunday’s lows, rebounded quickly, closed the CME gap, and is now consolidating at a critical resistance near $90,000.

A clean breakout could trigger a fast move toward $92,000–$94,000 and increase the probability of a push toward $100,000. Failure to reclaim $90,000, however, could open the door to a deeper pullback, making this week pivotal …

Full story available on Benzinga.com