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
-0.26%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 63,384 | -0.26% | -47.24% | 63,552 | 64,346 | 63,305 | 22,774,743,040 |
| ETH | 1,886 | +0.26% | -58.90% | 1,881 | 1,920 | 1,879 | 7,916,475,392 |
| SOL | 75.89 | -0.40% | -60.44% | 76.20 | 76.99 | 75.39 | 1,473,821,056 |
| XRP | 1.01 | -1.15% | -69.07% | 1.02 | 1.02 | 1.01 | 1,144,044,416 |
| BNB | 609.60 | -1.12% | -26.81% | 616.50 | 619.30 | 609.23 | 1,266,706,432 |
| ADA | 0.18 | -1.98% | -78.22% | 0.19 | 0.19 | 0.18 | 238,085,632 |
| DOGE | 0.07 | -1.56% | -70.00% | 0.07 | 0.07 | 0.07 | 553,256,192 |
| AVAX | 6.38 | +1.04% | -74.11% | 6.32 | 6.42 | 6.21 | 248,470,560 |
| LINK | 8.77 | -0.06% | -62.73% | 8.77 | 8.87 | 8.68 | 317,054,880 |
| DOT | 0.78 | -0.75% | -81.11% | 0.79 | 0.80 | 0.78 | 43,490,492 |
| LTC | 45.08 | -0.85% | -65.45% | 45.47 | 45.59 | 44.98 | 143,727,712 |
| BCH | 213.85 | +0.10% | -65.44% | 213.64 | 215.69 | 212.54 | 137,956,688 |
| TRX | 0.34 | +0.28% | -4.73% | 0.33 | 0.34 | 0.33 | 436,576,064 |
| XLM | 0.16 | -1.33% | -64.46% | 0.16 | 0.16 | 0.16 | 89,559,864 |
| HBAR | 0.07 | -0.53% | -74.67% | 0.07 | 0.07 | 0.07 | 22,546,186 |
| NEAR | 1.65 | +2.42% | -40.55% | 1.62 | 1.68 | 1.61 | 187,591,264 |
| ATOM | 1.40 | -2.36% | -70.15% | 1.44 | 1.44 | 1.40 | 18,626,964 |
| AAVE | 89.06 | +0.93% | -72.33% | 88.24 | 90.20 | 88.19 | 129,099,704 |
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