New York, Jan 11, 2026, 12:20 EST — Market closed
- Bitcoin edged higher by roughly 0.3%, hovering around $90,865 during weekend trading.
- Friday’s U.S. spot bitcoin ETFs experienced net outflows, with BlackRock’s IBIT fund leading the withdrawals.
- Traders are gearing up for a packed week featuring key U.S. inflation readings alongside major bank earnings that might shake up rate expectations.
Bitcoin gained roughly 0.3% to hit $90,865 on Sunday, bouncing between $90,289 and $91,075 earlier. While crypto markets never sleep, U.S. stock exchanges remain closed for the weekend.
It’s significant since the upcoming two sessions will deliver the usual triggers that often ripple into bitcoin: new U.S. inflation figures, the kickoff of earnings season, and renewed chatter about interest-rate prospects. When rate expectations shift, bitcoin frequently tracks alongside other risk assets.
Investors remain focused on how bitcoin-linked stocks perform once Wall Street reopens. These shares have turned into a leveraged option for some funds to bet on the coin without holding it directly.
U.S. spot bitcoin ETFs—those that hold bitcoin outright—saw a net outflow of $250 million on Friday, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) experienced $252 million in outflows, while Fidelity’s FBTC recorded a modest inflow of $7.9 million. (Farside)
Bitcoin-linked shares saw mixed moves. Coinbase slipped roughly 1.9% from its last close. Strategy dropped close to 5.8%. In the mining sector, Marathon dipped about 2.0%, but Riot Platforms edged up around 1.3%.
Friday’s U.S. jobs report added fuel to the rate debate. Nonfarm payrolls increased by 50,000 in December, with the unemployment rate edging down to 4.4%. Wage growth stayed solid, Reuters reported. Olu Sonola, head of U.S. economic research at Fitch Ratings, pointed out that “all roads lead to the unemployment rate,” but cautioned that the sluggish hiring can’t be ignored. (Reuters)
The week ahead is busy well before crypto news hits. JPMorgan launches big-bank earnings Tuesday, with investors hunting for signs on consumer spending and credit, Reuters noted; State Street strategist Michael Arone warned the market might be “underappreciating” potential volatility triggers. (Reuters)
Politics is also a factor. The U.S. Supreme Court is set to release rulings on Jan. 14, covering cases linked to President Donald Trump’s global tariffs, Reuters reported — a headline risk that could quickly shake the dollar and broader risk sentiment. (Reuters)
The risk for bitcoin is straightforward: if inflation heats up, traders may scale back rate cut bets, drive Treasury yields higher, and sap demand for speculative assets. A fresh wave of ETF outflows would only intensify the strain, particularly in a thin liquidity environment.
Tuesday brings the next big event with the U.S. Consumer Price Index for December, set for release at 8:30 a.m. Eastern. Later in the week, producer-price figures will follow, offering markets another glimpse into inflation dynamics. (Bls)
