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📌 Bitcoin (BTC) Update — 31 Jan 2026 BTC is trading around $80K–$81K, showing a short-term pullback after reaching highs near $84K. Market volatility remains strong as traders react to macro news and profit-taking. 🔍 Key Levels: • Support: $80K • Resistance: $84K Overall trend is still bullish long-term, but short-term movement may stay sideways until the next breakout.
TODAY at 2PM: Chairman @SECPaulSAtkins and @CFTC @ChairmanSelig will be discussing harmonization and their efforts to deliver on President Trump’s promise to make the U.S. the crypto capital of the world.
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📌 Fed Interest Rate Decision (2 PM ET): The Fed is expected to hold rates steady at 3.5–3.75% after three cuts last year. Chair Powell speaks at 2:30 PM ET.( Saudi time 10pm )
📌 President Trump (Iowa): Expected to highlight the economy and continue pushing for lower rates, though no public speech is confirmed today.
Investors watch Powell for clues on monetary policy. An extended pause is likely; a rate cut may come by June rather than today.