Cryptocurrency Market Today January 23, 2026: Slight Correction Ahead of the Weekend

Source: TokocryptoBlog Original Title: Cryptocurrency Market Today January 23, 2026: Slight Correction Ahead of the Weekend Original Link: As the weekend approaches, the cryptocurrency market today, Friday (23/1), moves dynamically with several altcoins such as 0G, STG, and ZRO recording double-digit gains, reflecting growing speculative interest.

Potential Altcoin List Ahead of the Weekend

• 0G surged 14% today, reaching a price level of $0.874458.
• STG recorded a significant increase of 12%, touching $0.1881.
• ZRO grew positively by 12%, now priced at $2.179.

Q1 Target: Bitcoin Breaks $185,500 Prediction

On the macro side, research remains optimistic, projecting Bitcoin could surge up to $185,500 in Q1, despite ETF outflows and short-term resistance still limiting price movement.

• Macro & ETF: Positive interest rates, but ETF outflows of $4.57M hinder prices.
• On-chain: Support at $84k, resistance at $98k. Prices still within fair range.
• Outlook: Potential 100% increase toward the target of $185,500.

US PCE Inflation Reaches 2.8% YoY, Bitcoin Reacts

• PCE inflation data rose to 2.8% in November, in line with expectations.
• Bitcoin dropped below $89,000 amid inflation data release.
• Fed interest rate cut expectations for this year decreased following macro data release.

Bitcoin Accumulation Continues

• Accumulation: Institutional holdings now exceed 700,000+ BTC.
• Traders bet holdings will reach 740,000 BTC by February 28.
• Stock Conditions: Related stocks weaken amid Bitcoin price correction.