Bitcoin pulls back to $90,000 as early Friday rally attempt fails

MEVictim · 2026-01-09T22:34:57+00:00

Bitcoin experienced a brief surge to $92,000 before retreating to $90,300, reflecting a decline amid a broader market rise. This follows a mixed U.S. employment report showing lower job gains but a decrease in the unemployment rate.

MEVictim

2026-01-09 22:34:57

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Source: CryptoNewsNet Original Title: Bitcoin pulls back to $90,000 as early Friday rally attempt fails Original Link: A quick U.S. mid-morning surge to the $92,000 area for bitcoin failed to hold, with prices quietly retreating for the rest of the session. Approximately 60 minutes before the U.S. stock market closes on Friday, bitcoin is trading at $90,300, down nearly 1% over the past 24 hours.

As has been typical for the last few weeks, bitcoin is failing to gain ground as most other assets rise in price. The Nasdaq is up 1% and the S&P 500 is up 0.8%. Precious metals and crude oil are surging across the board, and the bond market is marginally ahead.

On the news front, Friday’s U.S. December employment report was mixed, showing job gains of just 50,000 last month and sizable downward revisions to previous months. Economist forecasts had been for 60,000 jobs added. The unemployment rate, however, fell to 4.4% from 4.6% in November. Expectations had been for just a tick lower to 4.5%.

BTC0,08%

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