Bitcoin USD Price Slips To $86K, Gold Steals the Spotlight
Yahoo Finance·2026-01-26 09:16

Market Overview - Bitcoin USD price is currently under pressure, struggling to break above the $90,000 resistance level, with lower odds of a rally compared to a potential price slump [1] - The price has been moving sideways since November 21, with a range between $95,000 and $84,000, currently around the mid-point, favoring sellers from October [2] Recent Price Movements - Bitcoin price experienced a significant drop during the Asian session, falling to as low as $86,000, but was later supported by buyers, stabilizing around last week's range [4] Investor Sentiment - Following a disappointing Q4 2025, investors are shifting towards safer assets, with the USD being the preferred choice, indicating a cautious market sentiment [3] - The outflow to safety is making the crypto market, including Bitcoin, more fragile [4] Geopolitical Factors - Bitcoin's performance this week is heavily influenced by US-EU relations regarding Greenland, with ongoing geopolitical tensions expected to impact investor confidence [5] - Concerns about a potential US government shutdown are rising, with the likelihood increasing from below 30% to over 80%, creating fears of "dollar-debasement" [6][7]