💰 CRYPTO & FINANCE

Crypto Market Update: January 23, 2026 – BTC Dips Below $90K, GameFi Resilient, SENT Rallies 140%

Written by SimpleDigitalWorld

23.01.2026

5 min read

Despite a red day across the crypto markets, select altcoins and sectors are showing bullish momentum. Here’s everything you need to know today.

📉 Market Overview: Crypto Market Sees Broad Pullback

The crypto market is seeing a broad correction today. According to CryptoNews, the global cryptocurrency market cap has dropped by 2.2%, settling at $3.11 trillion. Approximately 70 of the top 100 cryptocurrencies are in the red.

Despite this downturn, some sectors continue to show strength — signaling potential rotation opportunities for traders.

💥 Bitcoin Falls Below $90K

Bitcoin has broken below the psychological $90,000 support level. This decline contributes to the general bearish sentiment impacting the broader crypto landscape. As reported by CryptoNews LIVE, risk appetite remains subdued.

Key takeaway: BTC dominance may weaken in the short term, offering room for altcoin rotations.

🟢 Sectors in the Green: GameFi, AI, RWA

While most tokens are down, niche sectors are showing resilience:

  • GameFi: +1.06%
  • Artificial Intelligence (AI): +0.98%
  • Real World Assets (RWA): +0.67%

GameFi is currently outperforming, driven by strong community engagement and upcoming project launches.

🚀 Sentient (SENT) Skyrockets 140% Post-TGE

The newly launched token Sentient (SENT) is defying the market trend. Since launching on January 22, SENT surged by 140% from its initial trading point near $0.010, according to BeInCrypto.

Short-term technicals suggest a scalper-heavy environment, but long-term sentiment remains optimistic.

Actionable insight: Consider monitoring SENT volumes and RSI for entry opportunities — but beware of volatility.

⚠️ Onyxcoin (XCN) Faces Double Resistance

Onyxcoin (XCN) has halted its crash but remains trapped below two key supply walls. Currently trading at $0.0069 — nearly 50% below its early January peak — upward momentum is facing stiff resistance.

According to BeInCrypto, whales may need to step in for a breakout to materialize.

Watch for: Volume spikes and whale wallet tracking to gauge breakout potential.

📈 Rain (RAIN) Hits New All-Time High

RAIN continues to outperform, posting a new all-time high driven by long-term holders. Chart patterns suggest this rally could be just getting started — especially as accumulation remains strong, says BeInCrypto.

CTA: Don’t miss the next ATH breakout! Subscribe to our Crypto Watchlist Newsletter to get daily altcoin signals and sentiment analysis.

🧠 Sentiment & Strategy

With BTC breaking key support and general sentiment leaning bearish, now is an important time to:

  • Rotate into outperforming sectors like GameFi and RWA
  • Capitalize on low-cap momentum plays like SENT
  • Monitor key resistance levels on tokens like XCN before entering positions

CTA: Want real-time alerts? Join our Telegram Trading Hub for 24/7 updates on breakout coins and market shifts.

🔍 Final Thoughts

January 23, 2026, is shaping up to be a pivotal day — the market is pulling back, but select tokens and sectors are bucking the trend. Traders and investors should remain agile, watch for sector-specific strength, and make data-driven decisions.

For continued updates, check our full news stream at CryptoNews and BeInCrypto.

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