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Bitcoin steadies near $90,000 as major token unlock raises supply risks
Bitcoin stabilized near $90,000 as markets assessed token unlock risks and broader crypto supply dynamics.
Bitcoin traded near $90,000 on January 10 after briefly touching $92,000, keeping the total crypto market capitalization close to $3.1 trillion. Investors remained cautious ahead of Linea’s scheduled unlock of 1.38 billion tokens, representing over 6% of supply. Analysts flagged potential short-term dilution risks, even as network upgrades continued to support long-term blockchain scalability.