In brief
- Bitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation.
- The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours.
- On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before it can dump to $69K.
The brief spark of optimism that lifted Bitcoin above $97,000 last week appears to be fizzling out. BTC was recently trading at $93,192, erasing the gains that had traders hoping for a potential trend reversal.
The pullback comes amid a broader risk-off move across markets. President Trump’s new tariffs on European nations over his administration’s pursuit of Greenland have spooked investors, sending capital rushing toward…
Jan 19 2026
