(30 January, 2026)
The global economy is currently going through a tumultuous time. On one hand, the price of gold is consistently increasing, while on the other hand, Bitcoin remains relatively stable, yet the overall financial market shows clear signs of uncertainty. According to the latest data from CoinMarketCap, the global cryptocurrency market cap has decreased to approximately $2.98 trillion in the last 24 hours, indicating a reduction of about 1.68%.
đ Bitcoin and the condition of the crypto market
In the last 24 hours, Bitcoin (BTC) has traded within the range of $87,704 to $90,600. As of 9:30 AM (UTC) today, the price of BTC is approximately $88,034, which is about 1.09% lower than the previous day. A mixed trend is observed in most crypto assets with large market caps. However, notable performers during this time include SENT, SYN, and ARPA, which have increased by approximately 30%, 13%, and 12% respectively.
đĒ Gold vs Crypto: Where are investors leaning?
The first gold ETF launched in Hong Kong has made a strong start in the market. Additionally, a significant rise is being observed in silver futures due to supply shortages. Poland now holds more gold than the European Central Bank, indicating a shift in global reserve strategies. Most notably, within just 72 hours, the total market value of gold has surpassed the crypto market cap, indicating increased investor confidence in risk-free assets.
đ Global economic and policy landscape
In the U.S., job cuts at major companies like Amazon, Pinterest, and UPS have heightened fears of a recession. At the same time, the Altcoin Season Index indicates that Bitcoin still maintains dominance in the market. Bitcoin's performance is behaving differently compared to the dollar index, suggesting a unique trajectory for the crypto market.
The Federal Reserve is currently experiencing an unusual time due to data-driven monetary policy. On the other hand, the Hong Kong Monetary Authority has kept its benchmark interest rate unchanged at 4%, signaling stability in the Asian market.
đ Today's major market movers
ETH: $2949.36 (âŧ 1.51%)
BNB: $904.51 (âŧ 0.03%)
XRP: $1.8739 (âŧ 1.93%)
SOL: $123.13 (âŧ 2.59%)
TRX: $0.2951 (Ⲡ0.99%)
DOGE: $0.12167 (âŧ 3.34%)
ADA: $0.3495 (âŧ 2.27%)
đ Conclusion
The current market situation clearly indicates that investors are becoming more cautious about taking risks. Both gold and Bitcoin are playing significant roles during this uncertain time. The direction of future markets will largely depend on global policy decisions and economic data.
