Bitcoin holds the key level at $91,500, while Solana, XRP, and Cardano face downward pressure. Macroeconomic risks dominate the 2026 crypto market.

January 20 News, in early 2026, the cryptocurrency market continues to maintain a cautious atmosphere. On Tuesday morning in Asia, Bitcoin prices remained stable above $91,500, essentially recovering from the short-term fluctuations caused by macro news on Monday. Although prices have stabilized, derivatives traders generally maintain defensive positions to cope with potential further volatility before mid-year.

Ethereum’s price hovers around $3,200, lacking a clear direction in the short term. Meanwhile, Solana, XRP, and Cardano show mixed performance intraday but continue the weekly downtrend overall. The market generally believes that since the recent peak last week, altcoins have been under greater pressure than Bitcoin, reflecting a continued contraction in risk appetite among investors.

On the macro level, external factors remain a significant variable suppressing the crypto market. Recently, U.S. President Trump made comments on Greenland, reigniting concerns over tariffs between the U.S. and Europe, prompting some funds to flow into traditional safe-haven assets. Against this backdrop, gold and silver prices have strengthened, while the overall performance of crypto assets lags behind some stock markets.

A CEO of a crypto trading platform pointed out that the current trend more reflects the high volatility characteristic of crypto assets themselves rather than a comprehensive safe-haven logic. He believes that before the expectation of further rate cuts becomes clearer or institutional funds re-enter the market, Bitcoin will still face resistance in maintaining its high levels. Meanwhile, the global bond market is experiencing sell-offs due to fiscal and geopolitical uncertainties, with U.S. Treasury yields rising, adding additional pressure on risk assets including cryptocurrencies.

In the short term, market sentiment remains cautious. Bitcoin’s stability above $90,000 is seen as an important window for observing the crypto market in 2026, with investors waiting for new macroeconomic or liquidity signals to break the current low-volatility pattern.