Today's Major Cryptocurrency News Summary. Today (January 19, 2026), the cryptocurrency market is overall showing a downward trend, mainly influenced by geopolitical factors, particularly the proposal by U.S. President Trump to impose a 10% tariff on eight European countries, which is related to the dispute over Greenland. This move has raised concerns about a trade war, leading to a global decline in risk assets, with the total market capitalization of the crypto market dropping by about 3% to $3.21 trillion. Here are the key news points:
Overall market decline: Bitcoin (BTC) fell by 2-3%, dropping below the key support level of $94,500 and reaching around $92,000; Ethereum (ETH) declined by 3-4%, falling below $3,200; Solana (SOL) plummeted by 8-9%; the GameFi sector led the decline, falling more than 8%.
XRP significantly crashes: The price of XRP, supported by Ripple, plummets to $1.84, marking the 12th decline in 13 days, triggering over $40 million in liquidations, with a total crypto market liquidation amounting to $873 million (of which $788 million is long liquidations).
Strong inflows for Bitcoin ETF: Despite the market downturn, the US spot Bitcoin ETF saw inflows of $1.4 billion last week, marking the best weekly performance, but today's regulatory headlines and ETF liquidity data have intensified Bitcoin's risk sentiment.
Positive outlook for Ethereum: Some analysts point out that Ethereum may experience a significant breakthrough before the second quarter of 2026, primarily due to macroeconomic stability and increased institutional adoption, potentially pushing it beyond Bitcoin's performance.
These news items reflect the market's sensitivity to trade tensions and the Federal Reserve's independence crisis, with safe-haven assets like gold rising, while crypto assets come under pressure. Bitcoin price trend analysis shows today's price movement for Bitcoin is weak, continuing last week's latter portion's pullback, dragged down by tariff concerns and broader risk aversion sentiments. The following analysis is based on historical data and current indicators: Current price and 24-hour change.
Current price: Approximately $92,528-$93,174 (slight variations from different sources, e.g., Coinbase shows $92,528.09, CoinDesk shows $93,157.92).
24-hour range: High of approximately $95,531, low of approximately $91,910-$92,083, with a decline of 2.2%-3.6%. Opened around $92,886, closed near $93,045.
Using a table to display the daily closing prices over the past few days (based on Yahoo Finance and CoinMarketCap data) to highlight trends: Date Opening Price (USD) High (USD) Low (USD) Closing Price (USD) Change (%)
January 16, 2026 95,554.10 95,801.89 94,259.27 95,525.12 -0.03
January 17, 2026 95,525.16 95,598.47 95,005.61 95,099.92 -0.44
January 18, 2026 95,101.18 95,491.51 93,588.87 93,634.43 -1.54
January 19, 2026 93,646.91 93,646.91 92,083.10 93,045.50 -0.64 Data source: Short-term trend analysis
Technical aspect: Bitcoin has broken below the key support of $94,500 and may test the mid-November trading range (approximately $90,000). If it continues to decline, the next support level is around $92,000; if it rebounds, the upper resistance is at $95,000. Trading volume in the last 24 hours is approximately $20-33 billion, showing dominance of selling pressure, but not extreme.
Driving factors: Tariff news triggers risk aversion, similar to the 2025 trade war period. Institutional ETF inflows provide support, but regulatory uncertainty and leveraged positions amplify volatility.
Risk: If the EU retaliates against tariffs or the Federal Reserve changes its policy, prices may slide further below $90,000. Conversely, if the news fades or crypto-friendly policies are enacted (such as Trump's pro-crypto stance), a quick rebound to $95,000+ may occur.
Medium to long-term outlook
2026 Forecast: AI models and institutions (like Grayscale) expect prices in the range of $106,000-$125,000, depending on macro stability and institutional adoption. However, geopolitical risks or a US government shutdown could pull it down to the $50,000-$92,000 range. Overall, Bitcoin may consolidate in the $92,000-$98,000 range in 2026, benefiting from the aftermath of the halving effect and regulatory clarity.
Overall, Bitcoin's movement today reflects the market's sensitivity to external uncertainties, advising investors to monitor tariff developments and ETF data, and to avoid high-leverage operations.Binance web3.0 wallet