- H2cryptO Daily Drip Newsletter
- Posts
- The Daily Drip
The Daily Drip
Monday, January 19, 2026
The Daily Drip
âś… Top Takeaways
- Broad market pullback: Total crypto market cap slides to about $3.21T as 95 of the top 100 assets finish lower, with BTC and ETH both down roughly 3% on the day.
- Tariff shock and holiday liquidity: Trump’s tariff threats on eight European nations over Greenland weigh on risk assets as U.S. markets close for Martin Luther King Day, raising volatility risk when trading resumes.
- Mixed ETF picture: Spot BTC ETFs see nearly $395M in outflows while ETH products still register modest inflows, underscoring the split between “digital gold” and smart‑contract narratives.
đź“° Crypto Market Summary
The cryptocurrency market fell 3% to $3.21 trillion as 95 of the top 100 digital assets declined. Bitcoin dropped 2.7% to around $92,500, while Ethereum fell 3.6% to $3,192, driven by President Trump's tariff threats on eight European nations over Greenland and heightened geopolitical uncertainty.
Bitcoin fell below the crucial $94,000 support level, with analysts warning of further downside to $88,000 unless buyers step in. Market volatility is expected to persist with U.S. markets closed for Martin Luther King Day, and a close below $90,000 could trigger ETF holder exits when markets reopen.
Ether traded at $3,192 after dropping from an intraday high of $3,364, down 35.3% from its August 2025 all-time high of $4,946. Analysts suggest ETH could test the $3,100 level or potentially dip below $3,000 if selling pressure continues.
Solana plunged 6.7% to $133, while Dogecoin suffered the steepest decline among top-10 cryptocurrencies, falling 7.7% to $0.1267. Tron showed relative strength with only a 0.4% decline, demonstrating varied performance across major altcoins.
XRP rose 1.43% to $2.02, making it one of the few gainers in an otherwise bearish market. The token outperformed the broader market as most digital assets experienced significant selling pressure.
The crypto fear and greed index remained unchanged at 49, indicating neutral market sentiment as investors await macroeconomic and geopolitical developments. The index has held steady over the weekend, reflecting market indecision amid tariff concerns.
đź’° Funding, ETFs & Market Structure
U.S. spot Bitcoin ETFs log about $394.68M in outflows on Friday, snapping their recent positive streak and pulling cumulative net inflows back below $58B; Grayscale leads the selling with roughly $205M out, while BlackRock still attracts a modest ~$15M.
In contrast, U.S. Ether ETFs add about $4.64M in new money on January 16 — their fifth straight day of inflows — keeping total net ETH ETF inflows near $12.91B as BlackRock adds exposure and Grayscale sees roughly $10.22M in outflows.
Signal: structural demand for ETH as a yield‑ and application‑driven asset remains healthier than BTC’s in the short term, even as both remain sensitive to macro headlines and liquidity.
🌍 Macro, Waves & Safe Havens
Trump’s Greenland‑linked tariff threats weaken the U.S. Dollar against safe‑haven currencies like the Swiss franc and Japanese yen, while gold surges to record highs above $4,690 per ounce as investors seek protection from geopolitical and policy uncertainty.
Several analysts frame Bitcoin’s decline as part of Wave IV of a larger bull‑market structure, with potential downside into the $71K–$84K band before a final Wave V push that would require a break and close above $104K; a sustained move below $80K would instead argue for a deeper cyclical correction.
Macro lens: a softer Dollar and higher gold normally support the long‑term BTC narrative, but short‑term wave targets and tariff‑driven risk aversion can still produce sharp drawdowns before any renewed trend higher.
đź“Š Sentiment Dashboard
🔢 Market Performance
| Coin | Dec 31 | Now | 24h % | 7d % | YTD % | Cap |
|---|---|---|---|---|---|---|
| BTC | $87,508.83 | $93,073.57 | -2.22% | 1.64% | 6.36% | $1,859.42B |
| ETH | $2,967.04 | $3,211.31 | -3.84% | 3.39% | 8.23% | $387.59B |
| USDT | $1.00 | $1.00 | -0.01% | 0.03% | 0.11% | $186.90B |
| XRP | $1.84 | $2.02 | -1.35% | -2.42% | 9.75% | $122.76B |
| BNB | $863.26 | $926.10 | -2.58% | 2.30% | 7.28% | $126.28B |
| SOL | $124.48 | $134.01 | -5.73% | -5.79% | 7.66% | $75.80B |
| TRX | $0.28 | $0.31 | -3.31% | 3.38% | 10.15% | $29.21B |
| DOGE | $0.12 | $0.13 | -5.62% | -6.82% | 7.51% | $21.72B |
| ADA | $0.33 | $0.37 | -5.81% | -6.63% | 11.68% | $13.25B |
| BCH | $598.96 | $589.62 | -0.22% | -4.65% | -1.56% | $11.78B |
- BTC and ETH remain up mid‑single digits year‑to‑date despite the latest drawdown, consistent with an early‑cycle correction rather than a completed top.
- SOL, DOGE and ADA absorb some of the sharpest daily losses among majors, reminding traders how quickly high‑beta names can retrace when liquidity thins and policy risk spikes.
- TRX and BNB hold comparatively better on a weekly basis, illustrating the uneven nature of this pullback across L1 and exchange‑token ecosystems.
⚡ Risk & Market Lens
With BTC threatening key support zones, ETFs blinking red for the first time in days, and tariff headlines muddying the macro picture into a U.S. holiday, position sizing and time horizon matter more than ever.
What to watch: whether BTC can reclaim and hold the mid‑$90Ks once liquidity returns, if ETH ETF inflows stay resilient through volatility, and how quickly sentiment shifts should gold and the Dollar reverse or tariffs escalate further.
H2cryptO delivers a regulated, education‑first environment for individuals and institutions navigating digital assets.
OPEN YOUR H2cryptO ACCOUNTDisclaimer
This newsletter is for informational and educational purposes only and is not investment advice, solicitation, or an endorsement of any strategy or asset. H2cryptO does not warrant data accuracy or completeness. Crypto assets are highly volatile; always consult professional advisors, use caution, and comply with local laws before making strategic, financial, or investment decisions.