January 19, 2026
Finance

Bitcoin Maintains Position Near $93,000 Amid Ethereum and XRP Price Declines Linked to EU Tariff Concerns

Renewed U.S. tariff threats pressure risk assets while Bitcoin shows resilience, though other cryptocurrencies retreat

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Summary

Bitcoin remains steady just above $92,000 despite experiencing a near 3% decline in a single day, amid growing apprehensions over U.S. tariff policies affecting risk assets. Ethereum, XRP, Dogecoin, and other major cryptocurrencies show pullbacks, reflecting broader market caution. Significant liquidations and fund outflows highlight recent market volatility, while industry insights and trader analyses point to potential future dynamics within the crypto space.

Key Points

Bitcoin’s price remains above $92,000 despite a nearly 3% decline in one day amidst renewed U.S. tariff concerns.
Significant liquidations occurred with over 246,000 traders closed at losses totaling over $850 million within 24 hours.
Spot Bitcoin ETFs experienced notable outflows, while spot Ethereum ETFs recorded modest inflows, reflecting shifted investor interests.
Market analysts observe technical support for Bitcoin with potential upside, alongside fundamental factors such as improving liquidity conditions and notable industry developments.

Bitcoin has retained its level above $92,000, closing at $93,069 during the most recent trading session, despite suffering an approximate 3% decline within a single day. This price action has occurred against the backdrop of renewed threats of U.S. tariffs that have exerted downward pressure on risk-oriented assets, including cryptocurrencies.

Examining market data further, Ethereum stood at $3,219.04 per token, Solana at $134.50, and XRP at $2.01 during the latest reported prices. Dogecoin was trading at $0.1297, while Shiba Inu was at $0.058070, illustrating a general trend of declines across several leading cryptocurrencies.

Market monitoring service Coinglass has reported that in the past 24 hours, approximately 246,661 traders were liquidated, resulting in a substantial total loss of $852.08 million. This figure underscores the high volatility and risk exposure presently evident in the cryptocurrency markets.

Fund flow analysis from SoSoValue indicates net outflows from spot Bitcoin ETFs amounting to $394.7 million on the previous Friday. In contrast, spot Ethereum ETFs saw net inflows of $4.64 million during the same period, suggesting a nuanced investor sentiment favoring Ethereum's spot exposure over Bitcoin's.

Within the past day, some of the most significant decreases in token prices were observed in ether.fi, Aptos, and Celestia, indicating that altcoins continue to face downward pressure amid growing uncertainty tied to macroeconomic and regulatory factors.

Several notable developments surfaced recently that may influence crypto markets over time. The CEO of Coinbase retracted support for the Clarity Act, a move that some analysts interpret as potentially bullish for the cryptocurrency space due to possible regulatory implications.

Shiba Inu experienced an extraordinary spike in its coin burn rate—an increase of 2,459% within a day—prompted by the reappearance of a previously dormant whale investor. The ramifications of this heightened burn rate on Shiba Inu’s tokenomics are closely watched by market participants.

Binance’s CEO, Changpeng Zhao, publicly denied a circulating rumor involving an alleged association with actress Sydney Sweeney, swiftly shutting down the viral narrative to clear misinformation.

Prominent investor Bill Ackman commented on Jack Dorsey’s Bitchat messaging application, suggesting it could have practical utility in contexts such as Iran, where it might provide a tool to circumvent internet shutdowns, highlighting technology's role amid geopolitical challenges.

The role of Ripple (XRP) within America’s broader blockchain strategy has garnered attention, emphasizing that XRP remains relevant in the evolving landscape of blockchain regulatory and adoption efforts in the United States.

Insights into the wealth distribution within the cryptocurrency realm were also a subject of recent discussion, including references to the cryptocurrency holdings of foundational figures such as Satoshi Nakamoto with Bitcoin and Vitalik Buterin with Ethereum, offering perspective on the concentration of assets in the digital economy.

From a trading standpoint, well-known crypto trader Popeye observed that since 2019, Bitcoin has never recorded more than three consecutive monthly red candles. Furthermore, January has closed positively in five of the past six years. If historical patterns persist, Bitcoin must rise above $87,500 within the next eleven days to maintain this trend.

Analyst Jelle highlighted that Bitcoin is currently rebounding from long-term channel support, with a potential trajectory aimed toward the channel’s midrange, implying upside possibilities approaching $150,000 in price.

Ted Pillows added context by noting that U.S. liquidity year-over-year growth hit a low point in November 2025, which coincided with a local bottom in Bitcoin prices. With enhancing liquidity conditions, he suggests the market landscape could be aligning for a broader cryptocurrency rally moving forward.

Overall, despite recent volatility and fluctuations in various tokens, Bitcoin’s ability to remain above critical support levels amidst macroeconomic and regulatory challenges may provide some comfort to investors. Nevertheless, significant liquidations and outflows underscore a cautious market environment where risk remains elevated.

The digital asset market continues to absorb evolving macro factors, technological developments, and regulatory interpretations that will shape near and medium-term price dynamics across cryptocurrencies including Bitcoin, Ethereum, XRP, Dogecoin, and other prominent altcoins.

Risks
  • Renewed threats of U.S. tariffs weighing on risk assets may contribute to heightened market volatility affecting cryptocurrencies.
  • Significant trader liquidations indicate increased risk and potential for further price instability.
  • Outflows from Bitcoin ETFs reflect possible waning investor confidence or shifting preference which could exert downward pressure.
  • Emerging regulatory and geopolitical developments introduce uncertainty affecting the crypto market’s immediate outlook.
Disclosure
Education only / not financial advice
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Ticker Sentiment
BTC - neutral ETH - negative XRP - negative DOGE - negative SHIB - neutral
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