Why Crypto Is Going Down Today? XRP, Bitcoin, Ethereum and Dogecoin Prices Fall as $1.7B Gets Rekt

Why
crypto is going down today
and why crypto is falling can be summed up in one
sentence: this is a classic macro-driven risk-off move hitting a technically
weak market, with my charts on Bitcoin, Ethereum, XRP and Dogecoin all pointing
lower.

The
cryptocurrency market extended its selloff on Wednesday, January 21, 2026, as
Bitcoin dropped below $89,000 to trade around $88,626, Ethereum slipped to
$2,920, and XRP logged its seventh consecutive down session at $1.89.

Let’s check
together why crypto is falling today. We’ll take a look at the charts and go
through XRP/USDT, BTC/USDT, ETH/USDT, and DOGE/USDT, walking step by
step through a technical analysis based on my more than ten years of experience
as an investor and analyst.

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