Cryptocurrency 18 January 2026 - 20 January 2026

LONDON, January 20, 2026, 11:38 GMT — Regular session 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/ Market sentiment has shifted to defensive territory. Bitcoin dropped below $92,000 amid tariff concerns rattling risk assets. Richard Galvin, co-founder of DACM, described the decline as “more a risk-off move than anything crypto-specific.” Over at BTC Markets, analyst Rachael Lucas noted traders have their eyes on $90,000 as the next key support level if the current floor gives way. https://www.businesstimes.com.sg/international/bitcoin-falls-below-us92000-tariff-fears-weigh-risk-assets

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. The selloff came after U.S. President Donald Trump threatened tariffs on eight European countries if the U.S. isn’t allowed to buy Greenland. The move sent investors fleeing to safer assets, pushing riskier bets aside. Berenberg’s chief economist Holger Schmieding said hopes that tariff tensions had eased “have been dashed for now,” as bitcoin dropped nearly 3% to $92,602.64.

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. The market backdrop has shifted since that release hit. Bitcoin was down 1.8% at $91,266 on Tuesday, while ether fell 3.5% to $3,099 and solana dropped 3.6% to $128.84, CoinMarketCap data showed. Stacks’ STX token was down 3.8% at about $0.315, and cronos slid 2.2% to about $0.0917.

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. The move is grabbing attention as traders treat tariff news like a fresh macro shock after weeks of sideways action. U.S. cash markets are set to reopen Tuesday following Monday’s holiday. Some chart watchers are openly calling this a potential “liquidity grab”—trader jargon for a quick price move targeting stop orders—near the 2026 open at about $87,000 and the range floor around $80,500. “Bitcoin and Gold trendlines are literally on top of each other,” said network economist Timothy Peterson, suggesting the two could still align after following different paths.

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. Bitcoin’s price hovered near $92,531 during London morning trading, where it remains vulnerable to leverage-fueled swings. The recent drop came after new tariff threats, wiping out roughly $790 million in bullish bets within 24 hours, according to CoinGlass data cited by Business Standard. Rachael Lucas, an analyst at BTC Markets, said traders are eyeing $90,000 as the next level if current support gives way. Richard Galvin, co-founder of hedge fund DACM, called the selloff “more a risk-off move than anything crypto-specific.”