Bitcoin reaches $99,000, altcoins rise

● Bitcoin returns to the $99,000 mark for the first time after adjusting on December 26.

● U.S. stock market futures showed little change Sunday evening, as investors anticipate employment data will shorten the trading week. Futures linked to the Dow Jones Industrial Average fell slightly by 4 points, or 0.04%. S&P 500 index futures rose by 0.03%, and Nasdaq 100 index futures edged up by 0.05%.

● Amid uncertainty and ongoing concerns over the Federal Reserve's (Fed) rate forecasts, investors are entering another shortened trading week. The New York Stock Exchange will close on Thursday in honor of former President Jimmy Carter.

● Traders will look for clues about economic strength and the robustness of the Fed's interest rate plans. Callie Cox, chief market strategist at Ritholtz Wealth Management, stated that next week may present another opportunity for traders to readjust their expectations.

● "Data shows that the unemployment rate is rising, and people are finding it hard to get jobs. The cracks in hiring could reappear at any time. It's important to closely monitor output. The yield on the 10-year bond is at a high level near 4.6%.

● After closing up for the sixth consecutive day, Bitcoin this morning returned above the $99,000 mark. This market-leading asset hit a local peak near $99,333, the highest level since December 26, before currently retreating slightly to around $98,800. In the 4-hour timeframe, Bitcoin has made higher lows, strengthening the short-term bullish sentiment. If the asset manages to maintain its price above the resistance level of $98,951, BTC may push prices up to $100,000. Conversely, if this resistance level holds, BTC is likely to return to the support area of $96,000 - $95,000 in the short term.

● The altcoin market rose yesterday, led by SPX and FIL.

● Ethereum (ETH) closed down yesterday, breaking a chain of four days of growth. However, the price still shows positive signs of holding the $3,600 area, with bulls attempting to push ETH higher. ETH also hit a local peak near $3,700 this morning, the highest level since December 19.