The geopolitical tensions of January 2026, marked by tariff threats from the U.S. and trade conflicts, have pushed the crypto market towards a risk aversion. While Bitcoin struggles to maintain key supports (approximately $91,000), altcoins show greater vulnerability.
The token $XPL ( #Plasma ) reflects this fragility: although it maintains solid fundamentals due to its integration with stablecoins and the NEAR ecosystem, its price faces bearish pressure, trading near $0.12. Global uncertainty and upcoming token unlocks limit its immediate recovery.
In summary: red day for $XPL, continued correction, but with high volume and some traders taking advantage of the situation. If the general market calms down, it could bounce back; if macro fear continues, it may keep experiencing lower supports (~$0.11)