Crypto Market Update Jan 16: BTC Near $96k, PIVX and ICP Lead the Gains!

in Booster2 days ago

​Hello Steemit Community!
​The crypto market continues its bullish momentum today, January 16, 2026. While Bitcoin holds its ground, we are seeing massive "vertical" moves in privacy and infrastructure tokens like PIVX and ICP.
​PIVX: The Privacy Comeback (+21%)
​PIVX is today’s star, showing a massive breakout on the charts.
​[INSERT PIVX CHART HERE]
​Privacy Narrative: Following recent regulatory shifts and the reversal of surveillance laws in Europe (Denmark), privacy-focused coins are gaining massive traction.
​Masternode Strength: The network reached a milestone of 2,120 active masternodes this week. With over 21% of the supply locked, the scarcity is driving the price higher. Investors are also lured by the 16% annual yield offered by Masternodes.
​Bitcoin (BTC): Consolidation at $96,000
​Bitcoin is currently trading near $95,700 - $96,500.
​Institutional Support: After the $753 million ETF inflow two days ago, BTC is consolidating. Market dominance remains high at 59%, and bulls are eyeing the $100,000 target before the next FOMC meeting.
​ICP & CHZ: Maintaining Momentum
​ICP: Continues to perform well following the 'Mission70' announcement to cut inflation by 70%.
​Chiliz (CHZ): Remains bullish as the 2026 World Cup hype builds up with new national team partnerships.
​Final Thoughts
​The market has shifted into a "Greed" sentiment for the first time in months. While PIVX and ICP are leading the altcoin rally, keep an eye on Bitcoin's stability; if BTC holds $95k, we might see even bigger moves from smaller-cap privacy coins.
​Are you staking PIVX or holding Bitcoin for the $100k run?
Let's discuss!

Posted using SteemMobile