Markets Rippled — $120B Wiped Out, New Crypto Bill Drama & XRP Supply Shock!

šŸ“‰ 1) Crypto Market Gets Hit Hard — $120B Wiped Out

Over the last 24 hours, the global crypto market plunged sharply, with total market cap dropping more than $120 billion as fear hit traders and risk assets tanked amid macro uncertainty. Bitcoin dipped below key support levels near $89,000 and Ethereum slid under $3,000 — liquidating hundreds of thousands of traders and spiking crypto fear indexes.

⚔ 2) Trump Policy Shift Sends Shockwaves

In an extraordinary move, global markets reacted violently to geopolitical headlines and policy shifts from the U.S. administration today. Meanwhile, a White House advisor confirmed that a major federal crypto market structure bill is still on the table, causing wild swings in sentiment as traders weigh new regulatory catalysts vs risk.

šŸ“‰ 3) XRP Supply Shock – Binance Reserves Drop 45%

In perhaps the day’s biggest headline bombshell for altcoins, Binance’s XRP reserves plunged by ~45% year-over-year — sparking intense debate among traders: Is this a supply squeeze or a stealth selloff? This could supercharge volatility if whales keep playing big.

šŸ”„ 4) Ethereum’s Institutional ā€œMidlife Crisisā€ Revealed

Fresh analysis highlights that Ethereum faces unexpected institutional weakness, forcing its foundation into a bold 35-point strategy response just yesterday — signaling real structural market shifts beyond price action.

šŸ“Š Market Sentiment & Price Action Today

Despite the bloodbath in parts of the market:

  • Bitcoin reclaimed ~90K after easing tariff threats — but risk appetite is still fragile.

  • Altcoins are mixed as traders rotate between safe havens and opportunistic buys.

  • Fear & Greed Index remains in ā€œextreme fearā€, showing traders are cautious after recent shocks.

šŸš€ Why This Matters for Traders Right Now

šŸ“Œ Volatility isn’t over — it’s accelerating

šŸ“Œ Political & macro drivers are dominating crypto moves

šŸ“Œ Key support levels are shaping tomorrow’s breakout zones

šŸ“Œ Regulation news continues to be the ā€œreal catalystā€

šŸ’” Takeaway: This isn’t just a price drop — it’s a structural shakeout driven by geopolitics, policy, liquidity shocks, and whale behavior. Traders should watch BTC support, XRP dynamics, and regulatory developments closely.#WEFDavos2026 #TrumpCancelsEUTariffThreat #WhoIsNextFedChair #TrumpTariffsOnEurope