January 27, 2026
Price Action: $BTC
BTC is trading around $88,000, recovering slightly after a brief "flash crash" to $86,000 over the weekend. It remains down roughly 6% over the past week.
Institutional Moves: MicroStrategy capitalized on the dip, purchasing another $264 million in BTC. Meanwhile, GameStop made headlines by moving its entire Bitcoin treasury to Coinbase Prime, signaling a shift in its digital asset strategy.
Macro Headwinds: Market sentiment is currently "risk-off." Traders are favoring Gold (which recently touched all-time highs near $5,000) over Bitcoin due to geopolitical tensions and uncertainty ahead of tomorrow's Federal Reserve interest rate decision.
Regulation: A key U.S. Senate markup for the Digital Commodities Consumer Protection Act is scheduled for today (3 p.m. ET), which could provide the CFTC more power to regulate crypto.