As of Thursday, January 29, 2026, the cryptocurrency market is navigating a complex "macro-crunch" as the Federal Reserve takes center stage. Here is your breakdown of the major updates moving the needles today:
1. Market Snapshot: The "Fed Pause" Effect
The global crypto market cap has dipped slightly to $2.98 trillion after the Federal Reserve held interest rates steady. This "high-for-longer" stance is masking a hawkish underlying tone that has triggered a localized sell-off in risk assets.
): Hovering near $88,150. After a record-breaking 2025 where it hit $125k, BTC is in a broad consolidation phase. Muted ETF flows are currently outweighing MicroStrategy’s latest $264 million purchase.
): Slipped below the psychological $3,000 mark, currently trading at $2,955.
Altcoin Pain: High-beta assets like Solana ($SOL), XRP, and Hyperliquid ($HYPE
) have dropped over 6% in the last 24 hours as liquidity rotates into "safety" plays like Gold and PAXG.
2. The "Human-Only" Social Media Rumor
A massive narrative shift is occurring today following reports that projects co-founded by Sam Altman (likely Worldcoin and OpenAI) are collaborating on a social media platform exclusively for verified humans.
This has renewed interest in Proof-of-Personhood (PoP) tokens, as the internet nears a "tipping point" where AI-generated content is indistinguishable from human activity.#ctypto #crypto