Bitcoin falls bellow $89,000 as rally attempt fizzles despite trade war risk relief
Yahoo Finance·2026-01-22 15:30

Bitcoin (BTC) and other cryptocurrencies failed to keep any momentum from Wednesday afternoon's Greenland-related relief rally. After a couple of brief moves above $90,000 over the past 18 hours, BTC has quickly pulled back to $88,500, down 1.5% over the past 24 hours. Ether (ETH) is now below $3,000, lower by 2.5%. Most crypto stocks were in the red as well, even as broader equities moved higher, with the Nasdaq ahead 0.7%. Bullish (BLSH), Hut 8 (HUT), Galaxy Digital (GLXY), and XXI (XXI) were all lowe ...

Bitcoin falls bellow $89,000 as rally attempt fizzles despite trade war risk relief - Reportify