Cryptocurrency Today: Bitcoin, Ethereum, and XRP continue their price correction amid risk-off sentiment due to escalating geopolitical tensions.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices continued to decline on Tuesday as risk appetite waned amid rising geopolitical tensions over Greenland.
U.S. President Donald Trump posted on his Truth Social account on Tuesday that he spoke with NATO Secretary General (NATO) about Greenland. Trump explained that Greenland is "vital to national and global security," and confirmed plans to hold multi-party discussions at the upcoming World Economic Forum in Davos, Switzerland.
These developments have increased uncertainty and sparked risk aversion among traders, which does not bode well for risky assets.
Today’s Chart: Bitcoin Momentum Indicators Show Early Bearish Signals
Bitcoin failed to hold above the 100-day Exponential Moving Average (EMA) at $95,787 on Thursday, dropping 3.35% over the next four days, and retesting the 50-day EMA at $92,348 on Monday. As of this report, Bitcoin is trading lower, below the 50-day EMA, approaching the next support level at $90,000.
If Bitcoin fails to find support around $90,000 (the previously broken upper consolidation zone), the decline could extend toward the lower consolidation boundary at $85,569, which coincides with the 78.60% Fibonacci retracement level (from the April low of $74,508 to the all-time high in October at $126,199).
The Relative Strength Index (RSI) on the daily chart is at 47, down from the neutral 50, indicating increasing bearish momentum. The Moving Average Convergence Divergence (MACD) also showed a bearish crossover on Tuesday, supporting the bearish outlook.
Conversely, if Bitcoin recovers, it could extend gains toward the 61.8% Fibonacci retracement level at $94,253.
Daily chart of BTC/USDT

✨On January 20, 2026, in a speech delivered in the White House Press Room, US President Donald Trump highlighted the economic achievements of the United States. The speech, delivered in the afternoon/evening US time, covered topics such as the trade deficit, the federal budget deficit, and border security. Trump claimed that thanks to tariffs, the US trade deficit had decreased by 77% and that there would be no trade deficit by the following year (2027). He also stated that they had reduced the federal budget deficit by 27%, that the border was secure, and that the economy was experiencing zero inflation. The speech argued that Trump was reaping the rewards of his "America First" policies implemented during his second term. These statements quickly spread on the X platform and were reported in various news sources. For example, it was reported that the trade deficit had fallen to its lowest level since 2009. The speech also included claims that tariffs contributed to national security and brought record foreign investment.
✨US President Donald Trump's White House address on January 20, 2026, began with a claim that would shake global markets: "Next year, the US will have no trade deficit." This statement was presented as a victory for the aggressive tariff policies implemented during Trump's second term, highlighting a 77% reduction in the trade deficit. However, these claims sparked debate among economic experts. Ultimately, Trump's speech claims to have ushered the US economy into its "richest period," but success depends on the balanced application of tariffs. Markets will test this claim; the coming months will show whether it brings a true "economic boom" or a new trade storm.
#TariffTensionsHitCryptoMarket