Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail BTC, ETH, SOL move higher as markets eye Fed Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail BTC, ETH, SOL move higher as markets eye Fed

BTC, ETH, SOL move higher as markets eye Fed, Mag 7 earnings and weaker dollar

6 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

BTC, ETH, SOL move higher as markets eye Fed, Mag 7 earnings and weaker dollar

Crypto prices steadied as traders looked past short-term volatility with positioning shifting to the Fed, megacap earnings and a weakening dollar.

By Shaurya Malwa
Jan 28, 2026, 6:44 a.m.
Make us preferred on Google

What to know:

  • Bitcoin hovered just below $89,000 in Asian trading, posting modest gains in a narrow range as traders awaited a key Federal Reserve decision.
  • A weaker U.S. dollar and record-setting global equity markets, led by technology shares and AI optimism, have supported risk assets but crypto has lagged metals like gold and silver.
  • Analysts say bitcoin's rebound from the $86,000–$87,000 zone reflects reduced leverage and short-term stabilization rather than strong momentum as markets brace for Fed guidance and major tech earnings.

Bitcoin hovered near $89,000 on Wednesday as broader markets pushed higher and the U.S. dollar remained under pressure ahead of a closely watched Federal Reserve decision later in the day.

The largest cryptocurrency was trading around $88,800 during Asia hours, up modestly on the day after a choppy start to the week. Ether rose about 2% to just under $3,000, while most major tokens posted small gains, according to CoinGecko data. Moves were measured rather than directional, reflecting a market waiting for clearer signals.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

The calmer tone in crypto mirrored a steadier backdrop elsewhere. Global stocks extended gains, with Asian equities hitting record highs and U.S. index futures pointing higher after the S&P 500 closed at a fresh peak on Tuesday. Technology shares led, helped by optimism around artificial intelligence spending and a heavy slate of megacap earnings due this week.

The dollar steadied after sliding to its weakest level since early 2022 earlier in the week, as investors weighed signals from the Trump administration that it is less concerned about a softer greenback. The weaker dollar has fueled strong rallies in gold and silver, but crypto has so far lagged that trade.

"The dollar index fell to around 95.5, its weakest level in nearly four years, lowering the opportunity cost of holding risk assets and supporting BTC’s rebound from below $88K to around $89.3K," market analysts at crypto exchange CoinSwitch said in an email. "Downside pressure eased after BTC traded into and held the $86K–$87K zone, where a dense cluster of leveraged long liquidations was likely triggered, reducing excess leverage and stabilizing short-term market structure."

Traders are watching whether a Fed pause — which markets largely expect — reinforces the recent bid in risk assets, or if guidance around inflation and rates prompts another reset.

At the same time, earnings from the so-called Magnificent Seven are expected to test confidence in the equity rally that has pulled capital away from crypto in recent months.

For now, bitcoin appears pinned in a narrow range, holding ground rather than chasing the broader risk move. That suggests stabilization, not momentum, as markets head into a dense stretch of macro events.

Lebih untuk Anda

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

Yang perlu diketahui:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

View Full Report

More For You

Here's how China's response to Trump tariffs silently rocks bitcoin

China’s exports remain resilient under U.S. tariffs as the yuan stays tightly managed, sending ripples all the way to the crypto market.

What to know:

  • China has responded to U.S. tariffs by diversifying exports away from the United States and tightly managing the yuan, keeping its export engine resilient and its global market share rising.
  • JPMorgan says Beijing’s low-volatility FX framework prioritizes a stable, range-bound yuan to preserve competitiveness and counter deflation, while effectively tying the currency’s moves to the dollar.
  • This managed FX regime influences bitcoin indirectly through global dollar liquidity and tariff-driven macro cycles.
Read full story
Latest Crypto News

Here's how China's response to Trump tariffs silently rocks bitcoin

Dogecoin turns lower after failing to hold $0.124

XRP climbs to $1.90 but struggles to break out of tight range

Top stablecoins shrink as crypto cash flees, posing risk to bitcoin's bounce

Circle faces first major 'threat' for institutional dollars from Tether’s USAT

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

Top Stories

Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold

Crypto faces fork in the road as Clarity Act support wavers, Bitwise says

Bitcoin miners surge as Anthropic's fundraising efforts boost AI spirits

UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange

Anthony Scaramucci-linked AVAX One tumbles 32% on uncertainty around shareholder sales

Latest Crypto News

Here's how China's response to Trump tariffs silently rocks bitcoin

Dogecoin turns lower after failing to hold $0.124

XRP climbs to $1.90 but struggles to break out of tight range

Top stablecoins shrink as crypto cash flees, posing risk to bitcoin's bounce

Circle faces first major 'threat' for institutional dollars from Tether’s USAT

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

Top Stories

Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold

Crypto faces fork in the road as Clarity Act support wavers, Bitwise says

Bitcoin miners surge as Anthropic's fundraising efforts boost AI spirits

UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange

Anthony Scaramucci-linked AVAX One tumbles 32% on uncertainty around shareholder sales

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Over 60% of crypto press releases linked to high-risk or scam projects: Report

Over 60% of crypto press releases linked to high-risk or scam projects: Report

A data analysis shows crypto press release wires are dominated by scam-linked projects, hype-driven content and low-impact announcements, raising concerns about
Share
Crypto.news2026/02/04 22:02
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals

Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals

BitcoinWorld Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals The financial world often keeps us on our toes, and Wednesday was no exception. Investors watched closely as the US stock market concluded the day with a mixed performance across its major indexes. This snapshot offers a crucial glimpse into current investor sentiment and economic undercurrents, prompting many to ask: what exactly happened? Understanding the Latest US Stock Market Movements On Wednesday, the closing bell brought a varied picture for the US stock market. While some indexes celebrated gains, others registered slight declines, creating a truly mixed bag for investors. The Dow Jones Industrial Average showed resilience, climbing by a notable 0.57%. This positive movement suggests strength in some of the larger, more established companies. Conversely, the S&P 500, a broader benchmark often seen as a barometer for the overall market, experienced a modest dip of 0.1%. The technology-heavy Nasdaq Composite also saw a slight retreat, sliding by 0.33%. This particular index often reflects investor sentiment towards growth stocks and the tech sector. These divergent outcomes highlight the complex dynamics currently at play within the American economy. It’s not simply a matter of “up” or “down” for the entire US stock market; rather, it’s a nuanced landscape where different sectors and company types are responding to unique pressures and opportunities. Why Did the US Stock Market See Mixed Results? When the US stock market delivers a mixed performance, it often points to a tug-of-war between various economic factors. Several elements could have contributed to Wednesday’s varied closings. For instance, positive corporate earnings reports from certain industries might have bolstered the Dow. At the same time, concerns over inflation, interest rate policies by the Federal Reserve, or even global economic uncertainties could have pressured growth stocks, affecting the S&P 500 and Nasdaq. Key considerations often include: Economic Data: Recent reports on employment, manufacturing, or consumer spending can sway market sentiment. Corporate Announcements: Strong or weak earnings forecasts from influential companies can significantly impact their respective sectors. Interest Rate Expectations: The prospect of higher or lower interest rates directly influences borrowing costs for businesses and consumer spending, affecting future profitability. Geopolitical Events: Global tensions or trade policies can introduce uncertainty, causing investors to become more cautious. Understanding these underlying drivers is crucial for anyone trying to make sense of daily market fluctuations in the US stock market. Navigating Volatility in the US Stock Market A mixed close, while not a dramatic downturn, serves as a reminder that market volatility is a constant companion for investors. For those involved in the US stock market, particularly individuals managing their portfolios, these days underscore the importance of a well-thought-out strategy. It’s important not to react impulsively to daily movements. Instead, consider these actionable insights: Diversification: Spreading investments across different sectors and asset classes can help mitigate risk when one area underperforms. Long-Term Perspective: Focusing on long-term financial goals rather than short-term gains can help weather daily market swings. Stay Informed: Keeping abreast of economic news and company fundamentals provides context for market behavior. Consult Experts: Financial advisors can offer personalized guidance based on individual risk tolerance and objectives. Even small movements in major indexes can signal shifts that require attention, guiding future investment decisions within the dynamic US stock market. What’s Next for the US Stock Market? Looking ahead, investors will be keenly watching for further economic indicators and corporate announcements to gauge the direction of the US stock market. Upcoming inflation data, statements from the Federal Reserve, and quarterly earnings reports will likely provide more clarity. The interplay of these factors will continue to shape investor confidence and, consequently, the performance of the Dow, S&P 500, and Nasdaq. Remaining informed and adaptive will be key to understanding the market’s trajectory. Conclusion: Wednesday’s mixed close in the US stock market highlights the intricate balance of forces influencing financial markets. While the Dow showed strength, the S&P 500 and Nasdaq experienced slight declines, reflecting a nuanced economic landscape. This reminds us that understanding the ‘why’ behind these movements is as important as the movements themselves. As always, a thoughtful, informed approach remains the best strategy for navigating the complexities of the market. Frequently Asked Questions (FAQs) Q1: What does a “mixed close” mean for the US stock market? A1: A mixed close indicates that while some major stock indexes advanced, others declined. It suggests that different sectors or types of companies within the US stock market are experiencing varying influences, rather than a uniform market movement. Q2: Which major indexes were affected on Wednesday? A2: On Wednesday, the Dow Jones Industrial Average gained 0.57%, while the S&P 500 edged down 0.1%, and the Nasdaq Composite slid 0.33%, illustrating the mixed performance across the US stock market. Q3: What factors contribute to a mixed stock market performance? A3: Mixed performances in the US stock market can be influenced by various factors, including specific corporate earnings, economic data releases, shifts in interest rate expectations, and broader geopolitical events that affect different market segments uniquely. Q4: How should investors react to mixed market signals? A4: Investors are generally advised to maintain a long-term perspective, diversify their portfolios, stay informed about economic news, and avoid impulsive decisions. Consulting a financial advisor can also provide personalized guidance for navigating the US stock market. Q5: What indicators should investors watch for future US stock market trends? A5: Key indicators to watch include upcoming inflation reports, statements from the Federal Reserve regarding monetary policy, and quarterly corporate earnings reports. These will offer insights into the future direction of the US stock market. Did you find this analysis of the US stock market helpful? Share this article with your network on social media to help others understand the nuances of current financial trends! To learn more about the latest stock market trends, explore our article on key developments shaping the US stock market‘s future performance. This post Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 05:30