Black Monday strikes again: Is Trump once more the catalyst for a flash crash in the crypto market?
Original|Odaily Planet Daily Author|Wenser Upon waking up, the cryptocurrency market once again experienced a "Monday-style flash crash." After Bitcoin (BTC.CC) briefly surpassed $97,000 last week, its weekly close was still above $95,000. However, just as the market anticipated that Bitcoin would drive an overall recovery in the crypto market, a long-awaited "significant pullback" struck again—within just a few hours, Bitcoin plunged below $92,000 and is currently trading around $92,700. Ethereum (ETH.CC) briefly fell below $3,200.
Trump's tariff remarks trigger sell-off! Cryptocurrency market plunges, with Bitcoin briefly dropping below $92,000.
Following President Trump's announcement of new tariffs on eight European countries, cryptocurrency prices plummeted as risk assets weakened and demand for safe-haven assets increased. During the early Asian trading session on Monday, Bitcoin dropped by as much as 3.6%, falling below $92,000, with other tokens experiencing even larger declines.
Express News | Steak'n Shake purchased $10 million worth of Bitcoin, advancing its corporate-level BTC treasury strategy.
Express News | Tom Lee: Bitcoin is expected to reach a new all-time high this year, and Ethereum will outperform Bitcoin.
Will Trump take military action against Iran? How will this affect Bitcoin?
As of mid-January 2026, the situation facing the market was not an announced war plan but a rapidly escalating cycle of tension, deliberately kept ambiguous in official statements. The United States had begun withdrawing or advising the withdrawal of some personnel from key areas in the Middle East, including the Al Udeid Air Base in Qatar. According to the Financial Times, the base houses approximately 10,000 U.S. military personnel. Reuters also reported that, with regional tensions rising and Iranian officials warning of retaliation against neighboring countries hosting U.S. troops if the U.S. launches an attack, Washington has taken precautionary measures.
CME to Expand Regulated Cryptocurrency Derivatives Offering
Express News | The National Assembly of South Korea passed a bill to institutionalize Security Token Offerings (STOs), allowing compliant issuers to directly issue tokenized securities using blockchain technology.
Express News | Bank of America: Interest-bearing stablecoins could capture $6 trillion in bank deposits
Express News | David Sacks: Legislation on the crypto market structure is closer to passing than ever before, and the crypto industry should use the current buffer period to resolve remaining differences.
Replicating the gold market trend? Analysts: Bitcoin may experience a parabolic rise.
①Analysts believe that the trajectory of Bitcoin exchange-traded funds (ETFs) may be mirroring the structural pattern of gold prior to its historic surge in 2025; ②This similarity suggests that this leading cryptocurrency could be poised for a parabolic rise.
Express News | CME Group will expand its range of cryptocurrency derivatives by launching futures contracts for Cardano, Chainlink, and Stellar.
The U.S. Senate Banking Committee has postponed the review of the CLARITY Act. Where exactly do the differences lie?
The core disagreement in the Cryptocurrency Market Structure Act (CLARITY) lies in whether the innovation space for DeFi and stablecoins should be sacrificed in exchange for a federal regulatory framework that can be implemented as soon as possible.
The competition for stablecoin yields intensifies as CLARITY becomes the focal point of the crypto-banking tug-of-war.
What are the current controversies surrounding the CLARITY Act? Who supports it, and who opposes it? When will the act be implemented, and what are its specific provisions?
Express News | JPMorgan: Capital inflows into the crypto market are expected to continue rising in 2026, with institutional funds potentially taking the lead.
Express News | Key supporters such as Coinbase have encountered changes, and the Senate Banking Committee has canceled the revision hearing for the CLARITY Act.
Daily Crypto Market Movements | Cryptocurrency market shows signs of recovery, with Bitcoin nearing $98,000 at one point; the Cryptocurrency Market Structure Act faces a crucial vote amid intense negotiations between Wall Street and the crypto community.
Data from validatorqueue.com shows that Ethereum staking has hit a record high of 35.9 million ETH, accounting for approximately 29.61% of the total ETH supply. As of now, there are 160 ETH in the PoS network's exit queue, with an estimated waiting time of about 4 minutes. Meanwhile, there are 2,479,680 ETH awaiting activation, with an expected delay of roughly 43 days and 1 hour.
South Korea plans to lift the ban on listed companies investing in cryptocurrencies, potentially prompting thousands of 'whale investors' to drive up the 'Kimchi premium' again?
The South Korean cryptocurrency market may be on the verge of a new landscape, with a shift away from its previous dominance by retail investors and the absence of institutional participation. On January 14, the Korea Composite Stock Price Index (KOSPI) broke through the 4,700-point mark for the first time in its history during intraday trading, setting another record high. As the South Korean stock market celebrated this milestone, the country’s cryptocurrency market also quietly announced significant positive developments. According to South Korean media reports, the Financial Services Commission (FSC) of South Korea plans to lift the ban on corporate cryptocurrency investments that has been in place since 2017, intending to allow listed companies and professional investors to participate in cryptocurrency trading. This change was discussed during a government-private sector meeting held on January 6.
What does Rick Rieder, the final candidate for Federal Reserve Chair, think about crypto assets?
Rieder, the head of Blackrock's fixed income division and a clear advocate for Bitcoin, may accelerate the inclusion of crypto-assets in mainstream investment portfolios if he assumes a position at the Federal Reserve.
Is the bull market back in the crypto space? What is driving the surging performance of various investment products?
Almost overnight, the cryptocurrency market appears to be returning to a bull market trend. Additionally, precious metals, U.S. equities, and China’s A-share market continue their previously robust 'bullish' performance. What is driving the continuous rise in investment markets? How will the future of the cryptocurrency market unfold?
Express News | U.S. Senators have submitted over 130 amendments to the CLARITY Act.