🔥 Market Recap – January 30, 2026 🔥
🚨 Bitcoin under pressure: BTC continued its decline and traded around below $81,000–$83,000, extending the sell‑off in crypto and reflecting lingering risk‑off sentiment in markets.
📉 Crypto market volatility: Continued weak appetite for high‑risk assets pushed many altcoins down as leveraged positions were hit and liquidation events persisted.
🪙 Gold shines as a safe haven:
• Gold prices have surged to new records above ~$5,500/oz this month amid global uncertainty and weak dollar dynamics.
• Despite short‑term profit‑taking, gold remains near historic levels — marking one of its strongest monthly rallies in decades.
📍 Why gold is rising: Rising geopolitical and economic uncertainty has pushed capital into precious metals as a “safe‑haven” hedge.
📊 Big announcement tomorrow:
U.S. President Donald Trump is expected to announce his nominee for the next Federal Reserve Chair (replacing Jerome Powell) on Friday morning, a decision that could significantly impact interest rate direction and global markets.
👉 Why this matters:
• A new Fed Chair could shift monetary policy toward deeper rate cuts or tighter controls, affecting risk assets like crypto, stocks, and commodities.
• Markets hate uncertainty — and this announcement is one of the biggest catalysts expected in 2026.
💬 Your take?
Are you buying gold as a hedge, waiting on crypto to bottom, or watching the Fed news first? 👇