Bitcoin 16 January 2026 - 20 January 2026

Bitcoin dropped roughly 2% on Tuesday, hitting around $91,247 after dipping to an intraday low of $90,642. The largest cryptocurrency stayed well below its peak of about $93,311 for the day.

A wave of crypto presales is touting fresh capital inflows despite bitcoin’s recent drop, with paid promotions highlighting fundraising figures for tokens spanning “Bitcoin Layer 2” projects to meme coins. https://cryptodnes.bg/en/best-crypto-presales-why-bitcoin-hyper-and-maxi-doge-are-raising-millions/

Bitcoin tumbled up to 3.6% during Asian trading on Monday, dipping below $92,000 and dragging the broader crypto market down. Ether lost 4.9%, while Solana plunged 8.6%, according to Bloomberg.

ApeMars, a blockchain token project, said it has entered Stage 3 of its presale — an early token sale before wider exchange trading — with more than 4 billion tokens distributed, over 410 on-chain holders and about $84,000 raised. A sponsor-funded release carried by Markets Insider described bitcoin near the mid-$90,000s and solana in the mid-$100s, and said the 23-stage sale uses automatic price steps and token “burns” — removals from supply — with allocations recorded on-chain, or on the blockchain ledger. The disclosure said the publisher does not endorse or verify the information and warned that crypto investing can result in a total loss of capital.

Bitcoin’s slide toward $93,000 sparked a massive purge of leveraged bullish bets, wiping out roughly $874 million in crypto positions in the last 24 hours, according to CoinGlass data reported by NewsBTC. Long positions — wagers on a price increase — made up about $788 million of that total.

A Bitcoin “whale” — a term for a major holder — offloaded another 500 bitcoins, valued at about $47.77 million, sending them to Binance, on-chain analyst EmberCN reported. The same address began accumulating back in November 2013, building a 5,000-BTC stash. Since November 2024, it has transferred around 2,500 BTC to Binance, netting approximately $260 million in gains, the analyst added.