Bitcoin drops below $92,500, as US-EU trade war risks trigger chain selling pressure in the crypto market

BTC-2,23%
ETH-4,14%
XRP-3,77%

January 19 News, amid concerns that the US-EU trade friction may escalate, Bitcoin prices experienced a rapid decline in a short period, briefly falling below the $92,500 mark, triggering a general weakness in the cryptocurrency market. Data shows that Bitcoin’s price quickly retreated from the previous high of around $95,500, with a decline of over 3% within hours. Mainstream crypto assets such as Ethereum and XRP also declined in tandem, and market risk sentiment has significantly cooled.

As prices fell rapidly, leveraged funds faced concentrated liquidations. According to publicly available data compiled by Coinglass, in the past few hours, the total forced liquidation of long positions across the market exceeded $750 million, indicating that short-term capital sensitivity to macro uncertainties is increasing. Some analysts point out that this decline was not triggered by a single technical factor but is the result of multiple macro and market structural pressures stacking up.

Presto Research Deputy Researcher Min Jung stated that, compared to other risk assets, cryptocurrencies have recently shown persistent weakness. Against the backdrop of rising expectations of a US-EU trade war, some traditional market indices have remained relatively stable, highlighting the independent pressure faced by crypto assets. Funds are temporarily more inclined to allocate to other risk assets.

From a macro perspective, recent tough statements by US President Trump about increasing tariffs on several European countries have reignited concerns about the deterioration of transatlantic trade relations. The EU has signaled possible retaliatory measures, and geopolitical uncertainties have risen sharply, adding extra pressure on Bitcoin, which is already in a consolidation phase.

Market research analyst Rachael Lucas believes that market sentiment for cryptocurrencies has begun to weaken after regulatory-related legislation was previously blocked. After Bitcoin reached a historical high in 2025 and experienced a prolonged sideways movement, some investors are gradually taking profits. The recent breach of key moving averages has also triggered automated trading sell signals. Meanwhile, outflows from spot Bitcoin ETFs and declining open interest in futures contracts reflect a reduced risk appetite.

Analysts warn that if macro pressures persist, Bitcoin prices may face further downside. However, some believe that compared to previous cycles, the infrastructure and compliance environment of the current crypto industry has significantly matured, and the medium- to long-term trend still requires a comprehensive analysis of capital flows and macro changes.

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BlackCatBrothervip
· 01-19 02:54
2026 Go Go Go 👊
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