Bitcoin found support at $93,000 but remains down 2.66% on the day, while the total crypto market cap is about $3.14 trillion, off 2.61%. Price was rejected again at $94,500–$95,000 and slid back into the range. Liquidity appears heavier below spot, particularly near $90,000, keeping downside risks elevated.

Bitcoin briefly approached $92,000 during early Asian trading after President Donald Trump threatened 10% import tariffs on eight European countries from February 1, with a possible rise to 25% by June if talks fail. With U.S. cash markets closed for a holiday, global futures and safe-haven FX moved, while gold jumped 1.5% and silver hit an ATH. European investors’ $8 trillion in U.S. assets has become a focal risk.

Alibaba's KIMI AI model outlines an extended bull market scenario that could lift Bitcoin toward $170,000, Solana to about $380 and XRP to roughly $8 by 2027, assuming friendlier U.S. regulation and strong ETF demand. Its projections are framed as optimistic outcomes rather than guarantees, with volatility risks linked to geopolitical tensions, tariffs and shifting market sentiment. The AI analysis also notes current market levels for these assets and ties potential upside to ETF inflows and improving macro conditions.

Bitcoin stayed above $92,000 after a 3.4% weekend pullback, while a failed $98,000 retest and $395 million in Friday ETF outflows weighed on sentiment. Derivatives showed a roughly 5% futures basis and an 8% put-call skew, and gold pushed past $4,650 as U.S. markets were shut Monday.

As of January 19, 2026, data indicates Bitcoin's average mining cost has risen to about $101,000 per coin while the market price trades near $93,000, implying roughly $8,000 in negative margin for miners. Over the same period, the network hashrate has retreated from its October 2025 peak and mining difficulty is set for another downward adjustment in late January 2026, underscoring mounting operational stress across the sector. Meanwhile, some institutional participants are reportedly increasing their Bitcoin exposure despite the pressure on miners.

Bitcoin is highlighted as a possible long-term winner in a scenario where authorities confirm the existence of non-human intelligence, according to analysis by former Bank of England analyst Helen McCaw. Her framework suggests an initial phase of broad risk-off selling and liquidity stress, followed by a second phase in which investors reassess trust in state-linked assets and may seek borderless alternatives like Bitcoin.

The Louisiana State Employees’ Retirement System (LASERS) has taken indirect exposure to Bitcoin by purchasing 17,900 shares of Bitcoin treasury firm Strategy, valued at about $3.2 million within its $15.6 billion portfolio. This move aligns LASERS with other US public pension funds that favor crypto-related stocks and ETFs over direct Bitcoin holdings, while Houston’s firefighter fund continues to stand out for its earlier direct Bitcoin investment.

Venture capitalist Tim Draper has reiterated his bold Bitcoin outlook, projecting a move to $250,000 within six months and a possible long-term climb to $10,000,000 per coin. He links this scenario to shrinking US dollar dominance amid inflation and debt, and believes easing regulatory pressure now makes his long-standing target more achievable.