Crypto Market News Today, January 27: Bitcoin Steady, Ether USD Reaching Support, XRP and SOL Follow
Bitcoin is staying surprisingly composed after a few ugly dumps, as Ether, XRP, and SOL follow the same path against the USD. Reading today’s notes, the recurring talk on yen intervention is ringing a bell, and it may dictate the crypto price action.
In the opening stretch of today’s session, Bitcoin, Ether, SOL, and XRP all have the same neutral sentiment. Shorts slightly outweighed longs as the price healing. Surprisingly, tokenized silver is the one that contributed to the short liquidations. But judging by the liquidation numbers alone, we see that volume is nonexistent at the moment.
(source – Coinglass)
Bitcoin USD Gets Tested
Bitcoin USD is floating at $88,400 area, revisiting the support. Positioning data showed longs slipping to around 48 percent overall, with Binance closer to 45 percent, a clear tilt toward caution. For Bitcoin, the immediate concern sits at the 87,500 USD monthly open. Lose that, and the chart opens the door to the 86,300 region, which conveniently lines up with recent lows.
Upside scenarios for Bitcoin USD remain very specific. Liquidity clusters between $89,800 and $90,500 continue to act like a crowded exit door, lots of interest, little room to breathe. A rejection there could easily fuel another short squeeze attempt, while a clean break higher puts 91,400 back on the radar. Structurally, Bitcoin USD still looks intact, just slightly scuffed around the edges. That said, spot ETF outflows totaling more than a billion over five days aren’t exactly a confidence booster.
(source – Farside)
DISCOVER: 10+ Next Crypto to 100X In 2026
Ether and SOL Drop as USD Weakens
Ether USD is trading above $2,900, still about 40 percent below its high of $4,954. This stings even more when gold casually strolls past $5,000, as gold was priced at $3,000 during Ether’s all-time high.
Monthly lows from November through January have held, just like the 2024 pattern, where quiet consolidation eventually flipped bullish. February could surprise to the upside, assuming Ether holds its ground against USD.
Against Bitcoin, Ether continues to lag, largely due to institutional preference for the bigger, cleaner trade. Until Ether USD convincingly reclaims $3,050 with real demand, retracements remain the base case. On-chain data shows that active addresses are stable if not pumping, and transaction volumes are running this year.
SOL, on the other hand, is at 124 USD, with demand clustered tightly between $119 and $120 acting as a reliable cushion. A flip above 125 on shorter timeframes could open a path toward $130–137, though the $150–160 zone still feels like a long road trip.
Solana’s TVL sits near 8 billion—far below Ether’s ecosystem, but growth continues despite the recent inflation proposal drama. The rejected vote didn’t derail SOL USD, mostly because the mechanism already existed.
(source – Defillama)
XRP USD and Macro Shadows
XRP USD is trading below the usual $2 support at $1.9, consolidating. Analysts flagged 1.82 as key support, and a break below that could shift sentiment quickly. XRP sentiment remains neutral, with transaction volumes holding steady. The XRP army is strong and everywhere, which is why the price is holding strong.
THE FED IS PREPARING TO SELL U.S. DOLLARS AND BUY JAPANESE YEN FOR THE FIRST TIME THIS CENTURY.
The New York Fed has already done rate checks, which is the exact step taken before real currency intervention. That means the U.S. is preparing to sell dollars and buy yen.
This… pic.twitter.com/7xFReOFoDo
— Bull Theory (@BullTheoryio) January 25, 2026
For us, though, macro risks still linger. Yen intervention has strengthened the currency and unwound carry trades before, most notably in 1985, when stocks soared short-term before the infamous 1987 crash. Add a potential US government shutdown by January 30, and the uncertainty thickens. Bitcoin and Ether took harder hits during the last shutdown than equities, another point to consider if we should park our USD capital.
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Polymarket Teams Up With the MLS as Crypto Enters US Football in a Big Way
Polymarket has partnered with Major League Soccer (MLS), the US professional football league, helping push crypto prediction markets into everyday sports culture.
The move sees the MLS enter the prediction market space and continues Polymarket’s rapid surge into the mainstream, following a similar deal that made it the UFC’s official prediction market partner.
Today Soccer United Marketing and @Polymarket announced multi-year partnerships with @MLS and @LeaguesCup that will offer new ways for fans to engage with matches and follow season-long storylines by integrating prediction markets into the fan experience. https://t.co/EYzJx98hcx pic.twitter.com/kMBU9rup1w
— MLS Communications (@MLS_PR) January 26, 2026
Polymarket blew up after a record-setting 2024 election cycle that pulled more than $1Bn in betting volume and has gone from strength to strength ever since. This MLS partnership aligns with a broader shift toward crypto tools, moving from price speculation to real-world use.
For regular fans, this matters because crypto is showing up in places you already understand. Sports. Scores. Outcomes. No trading screens or knowledge required, making the barrier to entry even lower.
(SOURCE: Dune Analytics)
Read more about it here.
Is Trump’s $28Bn Bitcoin Reserve Stash Really Secure: What Next for BTC USD?
The US government controls roughly 207,000 Bitcoin seized from crimes like Silk Road and the Bitfinex hack. At today’s Bitcoin price, that stash sits just over $18Bn. The Trump Administration has made these seized tokens part of its national Bitcoin Reserve fund.
While that number sounds comforting at first, with many assuming that Uncle Sam’s Bitcoin is safely held, it poses a key question: can even the world’s most powerful government fully eliminate Bitcoin custody risk?
This comes as BTC USD trades flat over the last 24 hours, and is still sitting just under $88,000 after minimal moves overnight. Crypto in 2026 is quickly becoming a market shaped by ETF flows and growing government involvement, making the US Government custody question an important one.
A recent $40M hack of the US Government’s crypto wallets has raised questions about its custodial setup. If government-grade storage has weak spots, there’s a risk of a black swan event if hackers drain the Trump administration’s Bitcoin Reserve and dump the tokens on the open market.
In case you are curious how John Daghita (Lick) was able to steal $40M+ from US government seizure addresses.
John’s dad owns CMDSS, which currently has an active IT government contract in Virginia.
CMMDS was awarded a contract to assist the USMS in managing/disposing of… https://t.co/lzR2a1aidA pic.twitter.com/PV0IkSuhVy
— ZachXBT (@zachxbt) January 25, 2026
Read our coverage here.
Why is Crypto Crashing? Ethereum’s Real Momentum Is Getting Missed
Ethereum continues to build long-term value even as its price struggles to reflect the progress. SharpLink CEO Joseph Lubin recently highlighted this disconnect: Ethereum keeps delivering on core upgrades and adoption milestones, yet short-term traders remain focused elsewhere. So why is crypto crashing despite wider adoption and normalisation?
JOSEPH LUBIN:
“Ethereum is the ultimate institutional asset.”
Every signal is screaming the same thing:
Smart money isn’t experimenting with ETH they’re positioning around it.$ETH isn’t just crypto.
It’s becoming infrastructure. pic.twitter.com/iEybl9hhAT— BMNR Bullz (@BMNRBullz) November 26, 2025
Ethereum remains the leading platform for decentralized applications, powering automated financial tools and smart contracts that operate without intermediaries. The network’s major liquidity overhang from staked ETH was resolved back in 2023 with the Shanghai upgrade.
That change allowed users to unstake and withdraw their ETH freely. Around 5% of validators exited at the time, with withdrawal queues stretching up to 17 days, but the anticipated mass sell-off never materialized. Today, staking offers yield while still providing exit flexibility, turning ETH into a more practical, income-generating asset rather than a locked commitment.
Read the full story here.
Bitcoin BTC USD Price Slides Toward Fourth Monthly Loss: Echoing 2018 Pain?
BTC USD traders are at a hard spot. After what appeared to be a promising start to 2025, things took a turn for the worse. True, the Bitcoin price soared, hitting fresh all-time highs of over $126,000. However, buyers didn’t manage to maintain the momentum. By the end of the year, the BTC USD price ended in red, losing over 17%.
Given the sequence of events, the BTC USD price appears to be headed toward its fourth straight monthly loss. All it takes for Bitcoin bulls to lose again this month is if prices fall below $87,300. Should sellers take over, pushing the digital gold below this level, then this would be the first time in over seven years, after the devastating 2018 crypto winter, for bears to score four consecutive wins against bulls in four monthly closes.
At spot rates, the Bitcoin price is struggling for upside momentum. The BTC USD price is pinned below $90,000, and buyers are yet to peel back losses of January 25 when the coin sank towards the $87,000 mark.
Read the full story here.
LIT Lighter Crypto: Post-Airdrop Rebound Gains Traction with Whale Staking Deposits
Whale accumulation has quietly accelerated in LIT Lighter crypto just as the token shows signs of recovery from its post-airdrop lows. Recent on-chain data reveals two large wallets depositing a combined $2.32 million worth of LIT into the staking pool. One move is worth approximately $2.08 million, and another is around $238,000.
These deposits, reported yesterday, signal confidence from big players ahead of full staking rollout and have fueled fresh discussion in the community.
Annualized fees are currently around $61.6 million, closely matching protocol revenue. Total value locked (TVL) has risen to just under $1 billion. Trading activity is also high, with roughly $2.2 billion in DEX volume and over $109 billion in perpetual trading volume over the past 30 days.
(Source: DefilLama)
After a massive airdrop on December 30, 2025, distributing 250 million tokens valued at roughly $675 million, attention has turned to how the project navigates the typical post-distribution volatility in early 2026.
Read the full story here.
Gold, Silver Melting Faces: Is Bitcoin USD Next Despite Hash Rate Dropping 32%?
Gold, silver, and pretty much all precious metals are exceeding expectations, melting faces. This week, gold printed fresh all-time highs, soaring to as high as $5,100. Meanwhile, silver broke $100, pushing to as high as $110.
During this time, however, Bitcoin USD price struggled for momentum. If anything, sellers had an upper hand, sliding to as low as $86,100 before recovering on Monday. Although the Bitcoin USD price is back in green, traders need to see more conviction. This leg up could be triggered by gold reclaiming $5,100, and the world flocking back to the yellow metal as they move away from fiat.
While “hopium” is high, and the trading community expects the digital gold to also lift some of the best meme coins to buy, fundamental analysts are watching how the network behaves as winter bites in the US.
Read our full analysis here.
Did Hyperliquid Crypto DEX Just Flip Binance As The Most Liquid Exchange in the World?
Competition in crypto is cutthroat. It is especially true of crypto exchanges. Binance is the world’s largest by trade volume and client count. The problem is, it is centralized and custodial. Every client using Binance must relinquish control over their private keys. Meanwhile, over the past few months, Hyperliquid has been gaining ground. Not only is the platform decentralized and taking Binance head-on, but its offerings have also been improving.
Yesterday, Jeff Yan, the founder of Hyperliquid, made a bold claim. In a post on X, he suggested that Hyperliquid crypto DEX had “quietly” achieved a historic milestone: Becoming the most liquid venue for crypto price discovery globally, flipping Binance.
Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. See below for side by side comparison of BTC perps on Binance (left) and Hyperliquid (right).
With HIP-3 teams leading the way, Hyperliquid has also… https://t.co/xu41eTqPfI pic.twitter.com/aJCFYjMoxV
— jeff.hl (@chameleon_jeff) January 26, 2026
Read the full story here.
PUMP Surges +25% Amid Pump.fun and Solana Lawsuit Drama
In the ever-volatile crypto market, Pump.fun and Solana have once again risen to the forefront and not necessarily for the best reasons. Over the past few weeks, the Solana
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price has experienced sharp price swings, briefly dipping under $120 as heightened scrutiny of Pump.fun continues to have a negative effect on the network.
At the same time, Pump.fun continues to be the leading memecoin launchpad on Solana, having facilitated millions of token creations and generated massive fee revenue, but launches are down across the board as lawsuits and negative press become ever-present talking points for the platform.
(SOURCE: DefiLlama)
SOL USD has begun the day (January 27) trading at $124, up +1.3% in the past 24 hours, a welcome respite after weeks of bearish price action.
PUMP, on the other hand, appears impervious to the negative press and has surged +24% overnight, trading at $0.0031, continuing the bullish January that has seen it spike over +60% since the turn of the year.
Read more here.
The post Crypto Market News Today, January 27: Bitcoin Steady, Ether USD Reaching Support, XRP and SOL Follow appeared first on 99Bitcoins.