XRP extended its decline below $2.10 and is now trading under $2.120 and the 100-hourly Simple Moving Average while attempting a recovery. The XRP/USD pair is capped by a bearish trend line and resistance near $2.10–$2.120, with potential upside targets at $2.220 and $2.320 if buyers break higher. Failure to clear $2.120 could trigger another drop toward support at $2.050, $2.020 and possibly $2.00.

On Thursday, 15 January, the U.S. Senate Banking Committee is scheduled to vote on the CLARITY Act, a comprehensive crypto market structure bill. The proposal would clearly define digital commodities and digital assets, grant the CFTC control over digital commodity spot markets, and leave securities-like oversight with the SEC. If approved, it could tighten rules on market manipulation, require stronger transparency from exchanges, and potentially draw more institutional capital into U.S. crypto markets.

On January 12, the Financial Services Commission of South Korea ended a nine year prohibition, permitting listed companies and registered professional investment institutions to gain crypto exposure. The framework caps allocations at up to 5% of net assets into the top 20 tokens and affects about 3,500 entities, with exchanges required to apply staggered execution and size limits. Uncertainty around stablecoin classification may influence corporate participation.

Ethereum slid from the $3,308 swing high and dropped below $3,200, $3,180, and briefly $3,080 before finding support near $3,050. The price is now trading above $3,100 and the 100-hourly SMA, with key resistance clustered around $3,180–$3,220 and major support at $3,080 and $3,050. A sustained move above $3,180 could open the way toward $3,250–$3,320, while a failure there risks a fresh decline toward $3,000.

On January 11, BNB Foundation invested $200K across four Chinese-themed memecoins, allocating $50K to each. According to CoinMarketCap, $币安人生 rose 26.56% in 24 hours after the announcement. The Fermi Hard Fork is scheduled for January 14, and per X, it will reduce BNB Smart Chain block times from 0.75 to 0.45 seconds.

According to the analysis, the crypto market slipped into a weekend lull, with volatility muted across major assets. Ethereum is holding above $3,000, XRP is flashing a short-term 26/50 EMA cross, and Shiba Inu’s trading activity has thinned to near zero. The setup leaves traders watching key moving averages for confirmation.

Early Monday, Bitcoin traded close to $92,000 while major Asian equity benchmarks posted modest gains and oil continued to climb. Traders focused on upcoming US inflation data, lingering tariff uncertainty and shifting Federal Reserve policy risks, with Bitcoin hovering near the $91,000 pivot level amid cautious positioning.

Bitcoin slid below $92,000 and then bounced from a low near $89,225, reclaiming $90,000 and $90,500. It is trading above $91,000 and the 100-hour SMA, but immediate hurdles sit around $92,000 and $92,650. A push past $93,500 could open a path toward $94,000–$95,500, while failure near $92,500 risks another pullback.