{"id":105514,"date":"2026-01-20T05:15:52","date_gmt":"2026-01-20T10:15:52","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=105514"},"modified":"2026-01-20T05:15:52","modified_gmt":"2026-01-20T10:15:52","slug":"crypto-prices-today-bitcoin-slipped-below-93000-while-ethereum-weakened-further","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crypto-prices-today-bitcoin-slipped-below-93000-while-ethereum-weakened-further\/105514\/","title":{"rendered":"Crypto prices today: Bitcoin slipped below $93,000 while Ethereum weakened further"},"content":{"rendered":"
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Crypto prices today painted a divided picture, with major digital assets struggling to find direction amid rising geopolitical noise. While Bitcoin and Ethereum stayed under pressure, select altcoins managed to hold their ground, highlighting a market torn between caution and quiet accumulation.<\/p>\n

At the center of the uncertainty is renewed concern over global trade relations, triggered by fresh tariff threats from US President Donald Trump. As traditional markets reacted with volatility, cryptocurrencies once again followed macro sentiment rather than moving on pure fundamentals.<\/p>\n

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Bitcoin price slides below the $93,000 level<\/h2>\n

Bitcoin price traded near $92,242 at press time, slipping 0.41% over the past 24 hours. The world\u2019s largest cryptocurrency had attempted a breakout last week, briefly testing the $94,000 to $95,000 zone before losing momentum.<\/p>\n

Market analysts say Bitcoin is currently stuck in a holding pattern. For nearly 2 months, BTC has traded within a broad range between $80,000 and $98,000, a structure that closely resembles previous post-crash consolidation phases seen after 2022. Historically, such phases tend to precede sharp directional moves.<\/p>\n

Traders are now watching $92,000 closely. As long as this level holds, downside risk appears limited. However, upside remains capped unless Bitcoin can convincingly reclaim $94,500 amid improving sentiment.<\/p>\n

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Ethereum and large-cap coins face selling pressure<\/h2>\n

Ethereum price fell to $3,183, down 0.83%, after briefly sliding more than 3% earlier in the session. The pullback reflects broader caution rather than a breakdown in Ethereum\u2019s long-term structure.<\/p>\n

Other major cryptocurrencies followed similar paths. Solana edged lower to $133.48, while TRON slipped nearly 3% to $0.3109. XRP remained under pressure at $1.96, continuing to trade below the psychologically important $2 mark. BNB also saw mild losses, hovering near $926.<\/p>\n

The overall tone suggests traders are trimming exposure rather than aggressively selling, a sign of uncertainty rather than panic.<\/p>\n

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Dogecoin and Cardano buck the trend<\/h2>\n

Not all tokens were caught in the downdraft. Dogecoin price rose 0.52% to $0.1278, continuing to show resilience despite broader market weakness. Cardano also edged higher, gaining 0.58% to trade at $0.3664.<\/p>\n

Stablecoins performed as expected, with USDT and USDC holding firmly near their $1 peg. Increased stablecoin activity suggests investors are temporarily parking funds while waiting for clearer signals.<\/p>\n

Some market participants view the current pullback as an opportunity to accumulate selectively, especially after recent leverage-driven shakeouts.<\/p>\n

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Trump tariff threats shake global markets<\/h2>\n

The primary driver behind today\u2019s cautious sentiment is President Trump\u2019s announcement of new tariffs on imports from 8 European nations, including Germany, France, and the UK. The proposed 10% tariffs are set to begin on February 1 and could rise to 25% by June if negotiations fail.<\/p>\n

The dispute centers around geopolitical disagreements involving Greenland, adding an unusual political dimension to trade policy. European leaders have responded swiftly, with the EU reportedly preparing potential retaliation measures worth up to \u20ac93 billion.<\/p>\n

The impact rippled across global markets. US stock futures fell, Asian equities weakened, and Treasury yields climbed to multi-month highs. Cryptocurrencies, often seen as high-risk assets during uncertain periods, mirrored the risk-off tone.<\/p>\n

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Fear creeps back into Crypto markets<\/h2>\n

Market sentiment has clearly shifted. The Crypto Fear & Greed Index has slipped into \u201cFear\u201d territory, reflecting heightened caution among traders. Industry analysts note that since October, crypto markets have shown greater sensitivity to negative headlines than positive developments.<\/p>\n

Some observers, however, argue that the relatively contained pullback suggests traders are not fully convinced the tariff threats will escalate. Similar warnings in previous years failed to materialize, leading to a popular market phrase: \u201cTrump always chickens out.\u201d<\/p>\n

The sell-off also occurred during a low-liquidity session, with US markets closed for a holiday, amplifying price swings.<\/p>\n

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Liquidations reset the market<\/h2>\n

Volatility triggered a wave of forced liquidations, with more than $864 million in crypto positions wiped out in 24 hours. Long positions absorbed the majority of the damage, particularly in Bitcoin and Ethereum.<\/p>\n

Analysts describe the move as a \u201cleverage reset,\u201d flushing out overextended traders and potentially laying the groundwork for a more stable market structure in the days ahead.<\/p>\n

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Davos Summit looms as next market catalyst<\/h2>\n

Attention is now turning to the World Economic Forum in Davos, where global political and business leaders are set to meet on January 21. Any signals from President Trump regarding trade negotiations could quickly move markets.<\/p>\n

With crypto prices highly sensitive to headlines, traders are bracing for increased volatility throughout the week. Whether the next move is a relief rally or deeper consolidation may depend less on charts and more on what unfolds on the global political stage.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto prices today painted a divided picture, with major digital assets struggling to find direction amid rising geopolitical noise. While\u2026<\/p>\n","protected":false},"author":294,"featured_media":105515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[22853,3925,22388,22923,3927,24202,34761,14773,22402,22400,6817,15047,34830,33979],"class_list":["post-105514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-altcoins","tag-bitcoin","tag-btc","tag-cardano","tag-crypto","tag-crypto-prices","tag-crypto-prices-today","tag-doge","tag-dogecoin","tag-eth","tag-ethereum","tag-market","tag-memecoins","tag-top-stories"],"reading_time":"4 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/105514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=105514"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/105514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/105515"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=105514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=105514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=105514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}