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Plunge in Pi Network (PI) Value, Predictions for Ripple’s (XRP) Future, and More: Crypto Report for January 30th

The cryptocurrency market recently saw a significant correction, causing the Pi Network (PI) to hit a new all-time low, while Ripple's XRP and Ethereum (ETH) also took a hit. PI's fall coincides with a surge in upcoming token unlocks, with over 180 million coins to be freed up in the next month. The amount of tokens stored on crypto exchanges has also increased, suggesting a potential further price drop. Ripple's XRP fell to a multi-month low, likely due to a daily outflow from spot XRP ETFs indicating reduced interest from institutional investors. Despite this, some market observers remain optimistic about a potential breakout. Ethereum also experienced a drop, but its Relative Strength Index (RSI) suggests it may soon rebound.

Anytime now...

Warning of a Downward Trend? Bitcoin Drops Below $84K, Targeting $76K

Bitcoin (BTC) has fallen under the $84,000 mark following several unsuccessful efforts to surpass the $94,000–$97,000 range. This decrease has sparked concerns of a potential decline towards the $74,000–$76,000 region if the cryptocurrency does not recover swiftly. The drop is believed to be part of a broader market trend, suggesting a shift in risk appetite across financial markets. Some analysts suggest this decline could mirror previous bear market cycles, with one predicting a fall to around $32K by 2026. Conversely, some market observers maintain a bullish outlook, anticipating Bitcoin reaching $200K before any significant correction. Current geopolitical tensions and potential changes in the Federal Reserve leadership may also be influencing the market.

Plummet of Ripple's XRP to Lowest in 3.5 Months: The Reasons Behind

The cryptocurrency market saw a significant crash, with Bitcoin leading the way. Ripple's XRP was not exempt, falling to $1.70, a low not seen since early October. Initially, XRP showed promising growth in the first week of 2026 when the market showed signs of recovery and inflows towards XRP ETFs were steady. However, the tide changed over the past few weeks due to growing geopolitical uncertainties, particularly between the US and Iran. This has resulted in a market-wide crash causing many altcoins to fall by 8% or more. The second reason for XRP's crash could be poor performance of ETFs, which recorded their worst single-day net-flow since Canary Capital's XRPC launched in mid-November. As long as XRP remains below $1.82, traders should expect further erratic movement.

Former Ripple CTO Clarifies Unrealistic Forecasts for XRP Price

David Schwartz, Ripple’s CTO Emeritus, has addressed speculation surrounding the price potential of XRP. He argued that the current market value of the token contradicts the optimistic predictions shared online. Schwartz noted that if a significant section of rational investors believed in XRP hitting $100 in the near future, they would not be selling at current levels. The fact that XRP continues to trade far below this level indicates that few market participants have enough confidence to invest in this belief. XRP currently trades around $1.75, exhibiting a decline of over 8% in the past week and approximately 44% over the last year, despite some positive developments such as U.S. spot XRP ETFs seeing nearly $92 million in net inflows in January.

Potential Threats of Global Conflict in 2026 and Predicted Bitcoin Outcomes: Insights from Four AI Systems

Following a series of international conflicts, including a military operation in Venezuela by the USA, escalating tensions between Iran and the USA, and the ongoing war between Russia and Ukraine, fears of a potential World War III have risen. Four AI-powered chatbots were asked to speculate on the likelihood of such an event and the subsequent impact on Bitcoin (BTC). Despite acknowledging the global tensions, all four AIs agreed that the chances of a world war in 2026 are low. They predict that initial panic might lead to a sharp drop in BTC value, but it could recover and even experience rapid adoption as a decentralized alternative if traditional banking and fiat currencies are severely impacted. However, Bitcoin's survival would hinge on the intactness of the internet and power infrastructure.

Ethereum (ETH) Movement Patterns Hint at a Potential Rise to $10K: An Eerie Resemblance

Ethereum (ETH) has been trading near $2,850, down nearly 5% in the past 24 hours as it failed to reclaim the $3,000 mark. Analyst Heisenberg compared the current trend to Ethereum's 2024 pattern where it fell 47%, consolidated for 92 days, and then surged 47% to near $4,000. If the same pattern is followed, Ethereum could consolidate until February 2026, potentially bringing the $4,000 level into focus again. Sykodelic, another analyst, pointed out a potential cup-and-handle formation on Ethereum's monthly chart with a minimum target of $10,000. Dami-Defi indicated a falling wedge on the 3-day chart, hinting at an upward breakout. These analyses come amidst Ethereum's network growth, with over 175.5 million non-empty ETH wallets reported.

SEC Provides Detailed Guidelines for Tokenized Securities, Dividing Them into Two Main Types

The US Securities and Exchange Commission (SEC) has issued new instructions to elaborate on how federal securities laws relate to tokenized securities, dividing them into two primary categories: issuer-sponsored and third-party-sponsored. The issuer, in the issuer-sponsored model, incorporates distributed ledger technology into its systems, ensuring that transfers of the crypto asset on the network match transfers on the master securityholder file. The other category pertains to third-party-sponsored tokenized securities, where entities unrelated to the issuer tokenize another party’s securities. These can be custodial or synthetic. The SEC clarifies that regardless of the classification and format, tokenized securities will follow the same federal securities laws, and the SEC is ready to help market participants seeking clarity or preparing filings.

Big Players Accumulate ADA as Smaller Investors Sell: Implications for Cardano's Value

Cardano's ADA is currently trading around $0.34, reflecting a 6% drop in the last 24 hours and a 5% drop over the past week. The token's year-to-date performance is down about 1%, reflecting the general market trend. ADA is maintaining its position near a support zone of about $0.32, and traders are waiting to see if this will hold or break. Recent data from Santiment shows that large ADA wallets acquired over 454 million ADA in the last two months, equivalent to around $160 million. Meanwhile, smaller investors with 100 or fewer ADA have sold 22,000 tokens in the past three weeks. Additionally, ADA recorded a net outflow of $3.36 million from exchanges on January 29th, suggesting users may be holding or staking their tokens.

Funds Shift from Cryptocurrency to Gold and S&P 500 Amid Record Highs

Bitcoin's value has slipped as gold and US equities reach new records, prompting a debate about whether investment capital is leaving cryptocurrency entirely or merely pausing. Some analysts suggest signs of institutional selling and decreasing liquidity in the crypto market imply weakening investment. Stablecoin supply has reduced significantly, often interpreted as investors converting digital assets back into fiat currency, thus reducing potential investment in the crypto market. However, others contend that these signs indicate a period of consolidation rather than withdrawal. Regardless, the overall market situation suggests caution, with Bitcoin potentially revisiting lower support zones. Meanwhile, gold and silver have seen significant price increases, adding weight to the argument that investors are favoring traditional safe havens.

Fall in Bitcoin Value to Six-Week Low as Liquidations Surge Due to Apprehensions of Iran Attack

Bitcoin's value has dropped to a six-week low of just over $85,000, with altcoins following the same trend as liquidations surge. CoinGlass data reveals that daily, over $650 million in leveraged positions have been liquidated, with almost half occurring in just the past hour. The escalating liquidation has resulted in over 190,000 wrecked trades, with the most significant single liquidated position on Hyperliquid, valued at over $31 million. This financial turmoil is primarily attributed to growing concerns about a potential US attack on Iran, following the deployment of the Abraham Lincoln Carrier Strike Group to the Middle East. The oil market reacted with a rise in prices, while the precious metal market suffered, with gold prices falling sharply. Cryptocurrency also experienced significant declines, with BTC down by 3% and altcoins, such as ETH, XRP, and SOL, recording even steeper falls.

Binance Initiates Significant Price Surge for Certain Altcoins: Information

Binance, the world's largest crypto exchange, has stimulated a major upswing in certain digital assets after introducing new services on its platform. The company recently launched BIRB/USDT and GWEI/USDT perpetual contracts with up to 50x leverage, causing Moonbirbs (BIRB) and ETHGas (GWEI) to increase in value by double digits. On the other hand, Binance is discontinuing access to several tokens, including WIZARD, SHOGGOTH, G, FWOG, UFD, BRIC, UPTOP, PORT3, XNAP, MORE, BOMB, and BOOST, due to non-compliance with Binance Alpha’s standards, causing a significant drop in their values. Binance is also ending several spot trading pairs on January 30, inducing more declines in the broader crypto market with Bitcoin (BTC) falling below $88,000 and Ethereum (ETH) dropping below the $3,000 mark.

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Post-FOMC Meeting Market Watch: Pi Network's Pi Hits New Low, Bitcoin (BTC) Drops Under $88K

Following the first FOMC meeting of the year, Bitcoin (BTC) price began to decrease and eventually fell below $88,000. The price drop continued despite attempts to halt the decline, resulting in its lowest price in over a month. The bearish trend continued, leaving BTC struggling below $88,000, with its market cap falling to $1.750 trillion. Meanwhile, larger-cap altcoins, including Ethereum and Ripple's XRP, also experienced significant losses. Ethereum dropped below the $3,000 support level, and XRP fell under $1.90. Pi Network’s Pi token hit a new all-time low, while the total crypto market cap has lost over $60 billion daily and currently sits below $3.050 trillion.

2014 Compared to 2026: Is Bitcoin Echoing its Worst Bear Market Past?

Bitcoin's current bear market is performing better than previous cycles, with a 32% fall from its all-time high compared to losses of 43% to 66% at this stage in earlier cycles. However, market analyst CryptoCon warns of a potential steep fall near the end of the cycle, as seen in previous years. The forecast suggests that Bitcoin's price could reach $35,000 in September 2026, marking the beginning of a final drop to a low between $28,000 and $17,000 by November 2026. Current trading stands around $88,000, with a daily trading volume exceeding $49 billion. Despite recent market volatility and conflicting signals, some analysts see the trend as consolidation before continuation, while on-chain data shows an increasing share of Bitcoin held at a loss.

XRP Counters Price Slump with Addition of 42 Millionaire Wallets in 2026

Despite a 4% dip in XRP's value since the start of 2026, on-chain data reveals an increase in large holders, indicating a cautious but intriguing development for the token. The data illustrates that while XRP’s market price has had difficulties recovering to its earlier January levels, a number of large-balance holders are discreetly enhancing their holdings. As of January 29, Santiment reported an addition of 42 net wallets holding at least one million tokens for XRP since the year's start, marking the first rise in "millionaire" wallets since September 2025. Despite the token's price dipping by 4% in this same period, the trend suggests accumulation rather than distribution amongst larger addresses. This increase in substantial wallets contrasts with a tentative market, leaving XRP in a wait-and-see position as 2026 unfolds.

Despite Regular Network Enhancements, Pi Network's (PI) Value Plummets to a New Record Low

Pi Network's native token is witnessing a steady decline in its value, hitting consecutive all-time lows, despite an active cryptocurrency market. The token has lost over 94% of its value in less than a year since its launch last February. Initially, the token experienced a fast-paced growth, reaching an all-time high of $2.99, and even briefly ranking amongst the top 10 altcoins by market cap. However, the token's value significantly dropped in the subsequent months, hitting an all-time low of $0.1648 recently. These consistent decreases are in stark contrast to the team's attempts to enhance the overall ecosystem with two updates since the start of the year.

Fidelity Selects Ethereum for Its New Stablecoin, FIDD

Fidelity Investments is introducing a new stablecoin named Fidelity Digital Dollar (FIDD). This coin will be pegged 1:1 to the US dollar and bolstered by reserves. FIDD will be accessible to institutional and retail clients in the upcoming weeks and will be built on the Ethereum network. It will be issued by Fidelity Digital Assets, National Association, a national trust bank that received conditional approval from the US Office of the Comptroller of the Currency in December. Despite facing stiff competition in a market dominated by Tether and Circle, Fidelity remains optimistic about the potential of stablecoins as payment and settlement instruments. Ethereum is the leading platform for stablecoin deployment, commanding a 56% market share.

Could Ethereum (ETH) Indicate a Quadruple Surge? A Similar 2017 Trend Resurfaces

Ethereum (ETH) has exceeded the $3,000 mark, and analysts are drawing parallels to its 2017 market structure when it quickly moved from $56 to over $1,100. The current ETH/BTC chart seems to be following a similar pattern of a clear cycle of accumulation, breakout, and rally. Analyst Leshka.eth suggests that ETH could triple or quadruple in value within the next six months, despite being "generally bearish." Ethereum's price is still 32% lower than its October peak, but futures data shows that open interest has returned to its previous high of around 5 million ETH, indicating renewed trader activity and interest. Meanwhile, the number of non-empty ETH wallets has surpassed 175 million, marking a record across all crypto networks.

Ethereum Wallet Numbers Exceed 175.5 Million Amid a Decrease in Exchange Supply due to Staking

Despite recent market volatility, Ethereum's network continues to expand, reaching a record number of more than 175.5 million non-empty wallets, the highest among all cryptocurrencies according to Santiment. This increase indicates consistent user engagement even in fluctuating market conditions. Ongoing interest in staking has led to a consistent drop in Ethereum held on centralized exchanges which could lessen sell-off pressure and support prices in the long run. Meanwhile, BitMine Immersion Technologies, the largest corporate holder of Ethereum, has staked nearly half of its holdings, adding to the pressure on the Ethereum network. The number of companies holding Ethereum has also seen a significant increase, with corporate holdings now accounting for about 5% of all Ethereum in circulation.