Bitcoin steadies at $93,000 as market braces for a bumpy week amid trade tensions

2026-01-20 00:24:23

Source: CryptoNewsNet Original Title: Bitcoin steadies at $93,000 as market braces for a bumpy week in trade war rhetoric from Davos Original Link: Bitcoin price stabilized above $93,000 during Monday’s U.S. session after an overnight sell-off knocked the asset down to $91,800. The drop came after trade tensions reignited, with threats of new tariffs on European countries over geopolitical disputes.

In a low-liquidity trading environment with U.S. markets closed for a holiday, BTC pared some losses but was still down 2% on the day. Ethereum was off 3.7%, holding just above $3,200. Altcoins fared worse, with SOL, DOGE, ADA, LINK, and AVAX falling 5-6%, and SUI plunging more than 10%.

Meanwhile, gold surged again to a new record of nearly $4,700 per ounce, extending its allure as a safe haven amid geopolitical upheaval. The precious metal is now up more than 70% over the past 12 months.

BTC-1,69%

ETH-2,48%

SOL-1,35%

DOGE0,09%

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