Crypto Market Update: January 29, 2026
The cryptocurrency market is showing a mix of caution and resilience today as investors react to the Federal Reserve's latest decision and new regulatory developments in the U.S.
Price Highlights
Bitcoin $BTC Trading between $87,800 and $89,000. After a brief dip below $88k following the Fed's decision to hold interest rates steady at 3.5%–3.75%, Bitcoin has shown signs of a recovery "bounce." It faces significant resistance at the $90,000 psychological level.
Ethereum $ETH ETH Hovering near the $3,000 mark. Renewed utility interest and network activity are keeping ETH steady, though it remains sensitive to broader macro shifts.
Altcoins: Performance is varied; Hyperliquid has seen significant gains (up over 10%), while XRP and Tron have experienced slight declines of about 0.6% to 0.8%.
Key News Today
Fed Pause: The Federal Reserve's decision to maintain interest rates has led to a "wait-and-see" sentiment. Analysts note that capital is shifting slightly toward traditional safe havens like gold, which hit record highs today.
Regulatory Focus: Today marks a major joint event between the SEC and CFTC focused on "Regulatory Harmonization." This is part of a broader push to establish the U.S. as a "crypto capital" through clearer, coordinated rules.
US Marshals Investigation: Reports have surfaced that the US Marshals Service is investigating a potential breach of government-seized crypto accounts, adding a layer of security concern to the day's headlines.
#FedHoldsRates #WhoIsNextFedChair #StrategyBTCPurchase
