Bitcoin traded at $88,296 on Tuesday morning, showing a modest 0.4% gain but remaining stuck below the $90,000 level. The world’s largest cryptocurrency has struggled to find direction after losing ground last week.
The digital asset traded near one-month lows as investors remained cautious. Trading volumes were muted across crypto markets heading into a critical week for global risk assets.
Bitcoin has managed only a 1% gain so far in 2026. This performance lags behind other assets despite a weaker U.S. dollar, which typically helps cryptocurrencies.
The token dropped roughly 4% over the past week. This decline extended into early-week trading as major cryptocurrencies softened.
Gold and silver have surged to consecutive record highs during the same period. The precious metals rally reflects strong safe-haven demand amid geopolitical uncertainty and global growth concerns.
Bitcoin’s failure to benefit from these same conditions shows it is trading more like a high-beta risk asset than a hedge. The cryptocurrency has not captured the safe-haven flows moving into traditional stores of value.
Market attention has shifted to the Federal Reserve’s two-day meeting that begins Tuesday. Policymakers are widely expected to keep interest rates unchanged when they announce their decision Wednesday.
99% chance of the Fed maintaining rates this week
Still a wide distribution for year-end rate cuts, with 2-4 cuts as the most likely outcome for 2026 pic.twitter.com/aUf3l91tSG
— Kalshinomics (@Kalshinomics) January 26, 2026
While a pause is largely priced into markets, traders are focused on the Fed’s statement and Chair Jerome Powell’s press conference. Investors want clues about the timing of potential rate cuts and the central bank’s view on inflation.
Any change in Powell’s tone could influence broader risk sentiment and liquidity conditions. Both factors serve as key drivers for cryptocurrency markets.
Markets are also watching for news on President Donald Trump’s appointment of a new Fed chair. This decision could shape the central bank’s policy direction and longer-term expectations.
Traders remain cautious ahead of Wednesday’s Fed decision. A wave of Big Tech earnings is also coming this week, with both events seen as key catalysts for Bitcoin’s next move.
Bitcoin spot ETFs recorded a total net inflow of $6.84 million on January 26. This marked the first net inflow after five consecutive days of outflows.
Crypto ETF Flows – Mon Jan 26
Bitcoin $BTC spot ETFs saw $6.84M in net inflows
Snapped a five-day outflow streak
Turned positive after four days of outflows
— Trader Edge (@Pro_Trader_Edge) January 27, 2026
BlackRock’s IBIT led the inflows with $15.93 million entering the fund. IBIT’s historical total net inflow has reached $62.92 billion.
Grayscale’s Bitcoin Mini Trust ETF BTC came in second with a single-day net inflow of $7.75 million. BTC’s historical total net inflow stands at $1.96 billion.
Bitwise’s BITB experienced the largest outflow at $10.97 million. BITB’s historical total net inflow currently sits at $2.16 billion.
The total net asset value of Bitcoin spot ETFs reached $113.54 billion. These funds represent 6.48% of Bitcoin’s total market cap, with cumulative historical net inflows of $56.50 billion.
Japan’s Financial Services Agency plans to add cryptocurrencies to its list of eligible ETF assets, according to a Nikkei report from Monday. The country could see its first crypto ETFs launch as early as 2028, potentially making it easier for retail investors to access Bitcoin and other digital assets.
The post Bitcoin (BTC) Price: Holds Support Ahead of Fed Rate Decision and Big Tech Earnings appeared first on CoinCentral.
Also read: Ethereum price: Stuck Below $3,000 After Yet Another Rejection – What’s Next?
