CRYPTOPULSE.FUN

January 19, 2026 What happened in the last 24h The market is facing a sharp "Risk-Off" wave this Monday morning. Bitcoin (BTC) plummeted over -3.6%, breaking below the critical $93,000 support to trade near $91,800. This sudden downturn was triggered by President Trump's weekend proposal of 10% tariffs on several European nations, igniting fears of a global trade war. As investors fled to safe havens like gold (which hit a record high near $4,700), the total crypto market cap retracted to $3.08 trillion. Biggest market movers Major Laggards: Solana (SOL) is among the hardest hit, dropping -8.6%, while Ethereum (ETH) fell -4.9% to test the $3,200 level. The Standouts: Despite the sea of red, Dusk (DUSK) continues its massive breakout, up +41% today. Frax (FRAX) and Magic Eden (ME) are also showing resilience with double-digit gains of +43% and +23% respectively. Ecosystem Shifts: Mantra (OM) is in the spotlight today due to its scheduled 1:4 token split and ticker change, keeping its community active despite the macro drag. On-chain trends Institutional Conviction: Even with the price drop, Spot Bitcoin ETFs just recorded their best week since October, with $1.42 billion in net inflows. This suggests that while retail is panic-selling the tariff news, institutional "Smart Money" is using the dip to accumulate. Whale Accumulation: Investors holding between 10 and 1,000 BTC reached a three-year high in accumulation yesterday, adding roughly 111,000 BTC to their wallets over the last 30 days. Gas War: A snapshot for the $GWEI governance token today has caused a minor spike in Ethereum on-chain activity, even as the price faces downward pressure. Sentiment overview Sentiment has soured back into "Fear" territory (Index estimated in the low 40s). The optimism from last week’s run toward $98,000 has been replaced by anxiety over the "Trade War" narrative. Analysts note that the current "leverage flush" has wiped out approximately $600 million in bullish bets, potentially setting the stage for a cleaner recovery once the macro dust settles. News summary Tariff Shock: New U.S. tariff proposals starting February 1st have rattled all risk markets, with the "Greenland purchase" deal becoming a bizarre but central pivot point for geopolitical stability. CLARITY Act Stalled: In a major blow to U.S. regulation, Coinbase withdrawn its support for the Senate version of the CLARITY Act, citing concerns over DeFi oversight and stablecoin restrictions. This has forced a delay in the planned Senate markup. World Economic Forum: "Winter Davos" begins today (Jan 19–23), with global leaders expected to discuss the intersection of AI energy needs and the future of digital currency regulation. Today’s outlook Bearish-to-Neutral The technical break below $93,000 has shifted the short-term momentum to the bears. Until Bitcoin can reclaim the $94,500 level, the market remains vulnerable to a retest of the $90,000 psychological floor. However, the record-high institutional ETF inflows provide a strong long-term backdrop, suggesting this is a macro-driven "dip" rather than a structural cycle peak.