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Bitcoin stabilises near $90,000 as token unlock raises supply concerns
Bitcoin steadied near $90,000 as markets assessed supply risks from a major token unlock event.
Bitcoin traded near $90,000 on January 10 after briefly touching $92,000, keeping the total cryptocurrency market value around $3.1 trillion. Market participants turned cautious ahead of Linea’s planned unlock of 1.38 billion tokens, representing over 6% of supply. Analysts warned that the event could create short-term price pressure across select altcoins.