{"id":128418,"date":"2026-01-20T09:23:07","date_gmt":"2026-01-20T09:23:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128418"},"modified":"2026-01-20T09:23:07","modified_gmt":"2026-01-20T09:23:07","slug":"gold-hits-ath-on-greenland-tensions-but-bitcoin-slides-to-90k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128418","title":{"rendered":"Gold Hits ATH on Greenland Tensions, But Bitcoin Slides to $90k"},"content":{"rendered":"<p><span>Bitcoin slipped toward $92,000 on Tuesday after a tariff dispute tied to Greenland shook global markets, though some analysts still see room for a rebound toward $99,000 once sentiment steadies.<\/span><\/p>\n<p><span>Bitcoin fell about -2.8% is trading on January 20. It moved near $92,759 after touching an intraday low of $92,245. The drop came as traders pulled back from risk assets across the board.<\/span><\/p>\n<p class=\"p1\">\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div><\/div><\/div><\/div><\/p>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n\n<div class=\"chart__container\"><\/div>\n\n<p><span>The move followed fresh jitters over a possible US-Europe trade fight linked to Greenland.\u00a0<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener\"> 9+ Best Memecoin to Buy in 2026<\/a><\/p>\n<h2>How Did Bitcoin React to the New US\u2013Europe Tariff Risk?<\/h2>\n<p><span>As per a Reuters <\/span><a class=\"general-link\" href=\"https:\/\/www.reuters.com\/world\/uk\/london-stocks-fall-after-trump-issues-tariff-threat-european-nations-2026-01-19\/\" target=\"_blank\" rel=\"noopener\"><span>report,<\/span><\/a><span> US President Donald Trump threatened new tariffs on several European countries unless Washington is allowed to buy the territory, a stance that rattled investors.<\/span><\/p>\n<p><span>The risk-off tone hit currencies, equities, and crypto at the same time. Reuters called Bitcoin \u201ca liquid proxy for risk,\u201d noting its nearly 3% slide as money shifted into safer assets like the yen and Swiss franc.<\/span><\/p>\n<p><span>European markets also <\/span><a class=\"general-link\" href=\"https:\/\/www.reuters.com\/world\/europe\/world-markets-face-fresh-jolt-trump-vows-tariffs-europe-over-greenland-2026-01-18\/\" target=\"_blank\" rel=\"noopener\"><span>sold off<\/span><\/a><span> on Monday. Gold climbed to new highs, and silver jumped as traders braced for the possibility of retaliation from Europe.<\/span><\/p>\n<p><span>The tariff threat is unusually clear. Reuters reported that Trump said the US would add a 10% tariff starting Feb. 1.\u00a0<\/span><\/p>\n<p><span>That rate would rise to 25% by June 1 if no deal is reached over Greenland.<\/span><\/p>\n<p><span>The International Monetary Fund warned the move could set off a \u201cspiral of escalation.\u201d The Guardian reported the IMF said this could spill into broader financial market stress.<\/span><\/p>\n<p><span>CoinGlass data <\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\" rel=\"noopener\"><span>showed<\/span><\/a><span> Bitcoin\u2019s spot trading volume stood near $6.58Bn, while futures volume reached about $62.4Bn.\u00a0<\/span><\/p>\n<p><span>The data also showed roughly $235.7M in Bitcoin futures liquidations over the same period, with open interest around $61.28Bn.<\/span><\/p>\n<p><a class=\"general-link\" title=\"Meme Coin Supercycle Confirmed? \u2018Final Boss\u2019 Dog Token Explodes to $4.5M in Presale\" href=\"https:\/\/99bitcoins.com\/news\/pr-news\/meme-coin-supercycle-confirmed-final-boss-dog-token-explodes-to-4-5m-in-presale\/\" target=\"_blank\" rel=\"noopener\">(Source: Coinglass)<\/a><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\"> Best Meme Coin ICOs to Invest in 2026<\/a><\/p>\n<h2>Bitcoin Price Prediction: Is BTC Forming a Base After Its 2025 Correction From $120K?<\/h2>\n<p><span>DeFiLlama\u2019s perpetuals dashboard showed elevated on-chain derivatives activity despite the risk-off tone.\u00a0 Perp volume reached about $139.87M over the past week.<\/span><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/defillama.com\/chain\/bitcoin?perpsVolume=true&amp;groupBy=weekly\" target=\"_blank\" rel=\"noopener\">(Source: DefiLlama)<\/a><\/p>\n<p><span>Bitcoin, meanwhile, appears to be stabilizing after a sharp correction, with broader liquidity trends helping explain the recent price action.\u00a0<\/span><\/p>\n<p><span>On the daily chart, BTC\/USD peaked above $120,000 earlier in 2025 before entering a clear downtrend marked by lower highs and lower lows.\u00a0<\/span><\/p>\n<p>US liquidity YoY growth bottomed in November 2025.<\/p>\n<p>This also marked the <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> local bottom.<\/p>\n<p>Now US liquidity is improving, which is one of the reasons I&#8217;m expecting a crypto rally.<\/p>\n<p>It&#8217;s that simple. <a href=\"https:\/\/t.co\/bD61ImJt7X\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/bD61ImJt7X<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/2013317587032019049?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 19, 2026<\/a><\/p>\n\n<p><span>Selling pressure intensified in November, when prices briefly slipped into the low-$80,000 range.<\/span><\/p>\n<p><span>Bitcoin has built a base and moved into consolidation. Higher lows have formed around the $85,000 to $88,000 area, while resistance has capped moves near $95,000 to $97,000.\u00a0<\/span><\/p>\n<p><span>This setup suggests selling pressure has eased, even as upside momentum remains restrained.<\/span><\/p>\n<p><span>The lower panel points to a key macro signal: US liquidity growth on a year-over-year basis. Data from Capriole shows liquidity bottomed in November 2025, around the same time Bitcoin hit a local low.\u00a0<\/span><\/p>\n<p><span>Since then, liquidity has started to improve and is now less negative heading into early 2026. If this trend holds, the chart suggests Bitcoin may be forming the base for a wider trend shift, not just a brief relief bounce.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"> Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/p>\n<p class=\"p1\">\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><\/p>\n<p class=\"p1\">\n<\/p><p><span><br \/>\n        \u00a0Bitcoin slipped toward $92,000 on Tuesday after a tariff dispute tied to Greenland shook global markets, though some analysts still see room for a rebound toward $99,000 once sentiment steadies.<\/span><\/p>\n<p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><p>         <span>Bitcoin has built a base and moved into consolidation. Higher lows have formed around the $85,000 to $88,000 area, while resistance has capped moves near $95,000 to $97,000.\u00a0<\/span><\/p>\n<p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><\/div>\n<\/p><p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/gold-hits-ath-on-greenland-tensions-but-bitcoin-slides-to-90k\/\">Gold Hits ATH on Greenland Tensions, But Bitcoin Slides to $90k<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin slipped toward $92,000 on Tuesday after a tariff dispute tied to Greenland shook global markets, though some analysts still see room for a rebound toward $99,000 once sentiment steadies. Bitcoin fell about -2.8% is trading on January 20. It moved near $92,759 after touching an intraday low of $92,245. The drop came as traders [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":128419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128418"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128418"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/128419"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}