Bitcoin briefly surged past $90,000 on Jan. 28 before retreating to trade between $89,300 and $89,600, with market cap peaking at $1.78 trillion. Contradicting ETF Trends Bitcoin briefly surged past the $90,000 milestone Jan. 28, fueled by reports that bitcoin transfers to Binance—the world’s largest cryptocurrency exchange—have plummeted to a monthly average of 5,700 $BTC.
Cryptocurrency analytics company QCP Capital shared its assessment of Bitcoin and the overall market outlook following the sharp sell-off at the beginning of the week. According to QCP Capital, Bitcoin has recovered after its sharp decline earlier in the week. However, this level has recently acted as a “trap” for the market. Drops below $88,000
BlackRock is moving deeper into the “Bitcoin as a portfolio sleeve” trade, this time by packaging the flagship digital asset’s inherent volatility into distributable income. On Jan. 23, the $14 trillion asset management firm filed a registration statement for the iShares Bitcoin Premium Income ETF. This is a fund designed to track $BTC’s price (via
The S&P 500 reached a record 7,000 points for the first time, while Bitcoin is lagging behind. U.S. stocks are buoyed by AI, strong Big Tech earnings, and hopes for easier monetary policy. Bitcoin is rising too, but more slowly, unlike stocks and gold, which are hitting new highs. This gap raises the question: is
Bitcoin rebounded on Wednesday morning as the crypto market rose higher and the U.S. dollar remained under pressure ahead of a closely watched Federal Reserve decision later today. Summary Bitcoin price is close to reclaiming the $90k support level. The Fed is widely expected to hold interest rates in today’s meeting. Bitcoin price action has
Bitcoin has entered a 24–72 hour window in which Federal Reserve messaging, dollar pricing, and an active Supreme Court test tied to Fed independence could set the near-term regime traders apply to the asset. Fed decision and near-term market regime As of the morning of Jan. 28, markets are waiting on the Fed’s first policy
HSBC issued a directive on Jan. 27 for investors to stay aggressively risk-on. The bank recommends overweighting equities, high-yield debt, emerging-market bonds, and gold while underweighting sovereigns, investment-grade credit, and oil. The call rests on a specific macro view: US growth holds up, rate volatility stays contained, and markets tilt back toward mega-cap tech. Meanwhile,
Macro investor Raoul Pal says Bitcoin’s recent underperformance compared to gold is not unusual and could actually be setting the stage for a strong move later. Speaking about the long-running Bitcoin–gold comparison, Pal explained that gold typically moves first, while Bitcoin tends to catch up later in the cycle. According to him, this is not
Over the last hour, the digital heavyweight stands at $89,884 to $90,136 per coin with a market cap of $1.79 trillion. In the past 24 hours, its trading volume soared to $47.40 billion, squeezing between an intraday low of $87,315 and a high of $89,963. Despite some faltering momentum, the charts suggest bitcoin is playing
Bitcoin is once again facing new geopolitical risk following U.S. President Donald Trump’s threat against Iran. This development comes as the flagship cryptocurrency seeks to reclaim the psychological $90,000 level ahead of the Federal Reserve decision today. Bitcoin At Risk as Trump Issues Warning To Iran In a Truth Social post, the U.S. president warned