Bitcoin is hovering near one-month lows, extending last week’s losses after failing to hold above the $90,000 level. The broader crypto market has taken a hit, with total market capitalization down nearly 5% over the past week. BTC remains under pressure following its mid-January peak around $97,900.
🔎 What’s driving the downside?
▪️ Macro Risk-Off Sentiment: Rising government bond yields, uncertainty around interest-rate cuts, and weak equity markets have pushed investors away from risk assets
▪️ Long-Term Holder Distribution: On-chain data suggests increased selling from long-term holders
▪️ ETF Outflows: Spot Bitcoin ETFs recorded $1.33B in outflows, their worst week since February 2025, as investors rushed to reduce exposure
▪️ US Government Shutdown Fears: Betting markets price a 78% chance of a shutdown, raising concerns about liquidity and short-term market stability
🚀 Still, the long-term story isn’t broken
✅ Institutional Adoption Continues: Corebridge Financial has added Bitcoin exposure to its index annuities
✅ Banking Sector Entry: UBS is preparing to offer crypto investment products to select private banking clients
✅ MicroStrategy Keeps Buying: Between Jan 20–25, 2026, MicroStrategy acquired 2,932 BTC worth approximately $264M
✅ ETP Expansion: iShares Digital Assets AG announced the issuance of 310,000 additional Bitcoin ETP securities
💰 Current Price: ~$87,304
⏱️ 24H Change: -0.91%
📌 Bottom Line:
Short-term volatility is being driven by macro uncertainty and liquidity concerns, but institutional accumulation and infrastructure growth suggest Bitcoin’s long-term fundamentals remain intact.
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