Cryptocurrencies are experiencing broad market volatility today, with Bitcoin and Ethereum prices falling amidst global risk-off sentiment driven by geopolitical concerns and bond market fluctuations.
Market Performance and News Market Decline: Bitcoin (BTC) slipped below the $90,000 level and Ethereum (ETH) dropped to around $2,900, with both major assets seeing significant liquidations for bullish positions in the last 24 hours. Gold, in contrast, surged to a record high as investors sought safe haven assets. Institutional Activity: Despite the current price volatility, institutional interest remains high. Strategy Inc. recently purchased over $2.1 billion worth of additional Bitcoin. Additionally, Galaxy Digital is launching a new $100 million crypto hedge fund. Regulatory Updates: Regulatory news includes the White House pushing for a clear U.S. crypto market structure bill and an announcement from a White House official that banks are expected to fully enter the crypto sector once legislation is passed. In India, new stringent KYC and anti-money laundering rules have been introduced for crypto exchanges. Corporate Adoption: Fast-food chain Steak 'n Shake announced a new incentive program to reward its hourly employees with Bitcoin starting March 1, 2026.
Based on the latest reports as of today, Wednesday, January 21, 2026, this is accurate. On Tuesday, January 20, the U.S. Supreme Court did not issue a ruling on the challenge to President Trump's tariffs, despite high expectations from legal experts and markets. Here are the key details regarding the delay: The Delay: The Court released opinions on three other cases but remained silent on the tariff challenge. Next Ruling Date: The Supreme Court is now entering a scheduled four-week recess. Consequently, the next potential date for a decision is expected to be February 20, 2026. The Case: The legal battle concerns the President's use of the International Emergency Economic Powers Act (IEEPA) to impose "reciprocal" tariffs (often referred to in reports as the "Liberation Day" tariffs implemented in April 2025). The Stakes: A ruling against the administration could potentially trigger over $130 billion in refunds to importers and limit the President's ability to use tariffs as leverage in ongoing disputes, such as the current tensions regarding Greenland. Would you like me to explain the specific legal arguments being used against the IEEPA tariffs? https://www.koreatimes.co.kr/world/20260121/us-supreme-court-does-not-issue-ruling-on-trumps-tariffs?hl=en-IN
BNB Drops Below 890 USDT with a 4.05% Decrease in 24 Hours On Jan 20, 2026, 17:47 PM(UTC). According to Binance Market Data, BNB has dropped below 890 USDT and is now trading at 889.75 USDT, with a narrowed 4.05% decrease in 24 hours. #BNB_Market_Update