Bitcoin Drops To $91,000, Extending A Two-Month Failure To Break $100,000
This is part of The Rio Times’ daily coverage of cryptocurrency markets and Latin American financial markets.
Key Points
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- Bitcoin slid toward $91,000 as liquidations hit and derivatives traders cut risk fast.
- Fund and ETF inflows stayed strong last week, but Friday saw a sharp reversal in sentiment.
- Two months after November’s shock selloff, Bitcoin still trades like a risk asset, not gold.
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\nBitcoin opened January 20 under pressure near $91,000, with the market feeling risk-off again. The decline looked driven by positioning and forced selling, not a sudden collapse in adoption.
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\nReports tied the move to renewed U.S.–Europe tariff friction, a reminder that policy brinkmanship can spill into global risk appetite.
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\nCointelegraph described the drop as a “structural reset,” pointing to $233 million in Bitcoin long liquidations. Open interest also eased toward about $28 billion as traders reduced leverage. When that unwinds, price often moves faster than the underlying story.
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\nFlows were supportive, but they did not set the short-term tape. CoinShares said digital-asset products drew $2.17 billion last week, led by $1.55 billion into Bitcoin.
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\nEthereum took $496 million, Solana $45.5 million, and XRP $69.5 million. CoinShares also flagged a sharp Friday mood swing, with $378 million of outflows.
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\nAnother tracker estimated roughly $1.42 billion of weekly net inflows into U.S. spot Bitcoin ETFs. BlackRock’s IBIT accounted for about $1.035 billion of that total. Those numbers help explain why dips find buyers, but they do not prevent leverage-driven air pockets.
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\nAcross majors, the session stayed red. BTC was down about 1.6%, ETH 2.4%, SOL 1.6%, and ZEC about 3.3% lower. XRP was closer to flat. In the altcoin tier, the extremes were louder than the headline market.
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\nRIVER jumped 47% and ARPA rose 35% on thin liquidity, while DASH fell nearly 17% and ZEN sank about 15%. ICP and XMR also posted deep single-digit losses.
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\nDash’s drop followed a sharp prior run-up and profit-taking. Zcash continued to carry governance overhang after a developer-team dispute.
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\nThe bigger question is why Bitcoin still cannot reclaim $100,000 two months after November’s selloff. Gold often attracts buyers during volatility because it is held as insurance.
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\nBitcoin is still treated as a high-beta trade and a source of liquidity. In stress, that means selling, not shelter. Your charts match that reality. On the four-hour view, RSI sat near 26, with support around $90,450 and $90,000.
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\nA rebound needs traction above roughly $92,700 to $93,250. On the daily view, $92,260 to $92,470 is the first reclaim zone, with supply near $93,980 to $94,110.
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\nThe weekly view remains a grind, with RSI in the low 40s and negative momentum, keeping lower targets in play if $90,000 breaks.
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Live Market IntelligenceCrypto — Live Market Board
Rio Times · Live Market Intelligence
Crypto — Live Market Board
-0.69%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 64,506 | -0.69% | -45.67% | 64,956 | 64,794 | 64,389 | 27,109,767,168 |
| ETH | 1,916 | +1.40% | -43.15% | 1,889 | 1,926 | 1,908 | 12,645,613,568 |
| SOL | 76.77 | -1.28% | -55.81% | 77.76 | 77.38 | 76.76 | 2,075,155,200 |
| XRP | 1.11 | +0.03% | -63.45% | 1.11 | 1.12 | 1.11 | 1,190,420,480 |
| BNB | 580.34 | -0.24% | -18.04% | 581.76 | 581.52 | 578.07 | 1,165,784,704 |
| ADA | 0.16 | -0.38% | -78.47% | 0.17 | 0.17 | 0.16 | 300,426,400 |
| DOGE | 0.07 | -0.66% | -65.24% | 0.07 | 0.07 | 0.07 | 629,401,536 |
| AVAX | 6.71 | +0.19% | -70.40% | 6.70 | 6.72 | 6.67 | 208,526,640 |
| LINK | 8.52 | +2.10% | -48.93% | 8.34 | 8.54 | 8.46 | 293,343,328 |
| DOT | 0.85 | -0.44% | -79.60% | 0.85 | 0.85 | 0.84 | 88,304,072 |
| LTC | 45.11 | -0.71% | -53.73% | 45.43 | 45.28 | 44.96 | 293,533,888 |
| BCH | 220.55 | -6.74% | -55.79% | 236.49 | 224.01 | 220.41 | 153,196,656 |
| TRX | 0.32 | -0.73% | +4.44% | 0.33 | 0.32 | 0.32 | 538,641,728 |
| XLM | 0.19 | +1.60% | -58.69% | 0.18 | 0.19 | 0.19 | 207,015,728 |
| HBAR | 0.07 | +0.36% | -71.41% | 0.07 | 0.07 | 0.07 | 48,102,928 |
| NEAR | 2.06 | +2.48% | -24.69% | 2.01 | 2.08 | 2.05 | 191,655,408 |
| ATOM | 1.55 | -0.96% | -67.41% | 1.56 | 1.56 | 1.54 | 25,809,276 |
| AAVE | 96.07 | -2.85% | -70.29% | 98.88 | 96.62 | 95.55 | 215,426,912 |
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