What happened last night in the crypto market?



• Bitcoin dropped below $92,000

• Gold reached $4,700 per ounce according to InfinityHedge

• Bitcoin ETFs recorded a net outflow of $394.7 million on January 16, led by FBTC (-205.2 million) and BITB (-90.4 million)

• Bitwise predicts that Bitcoin will reach $1 million by 2029

• OCC approved Circle to operate as a National Trust Bank in the United States

• Jerome Powell will attend the Supreme Court in the case opposing Donald Trump to Fed Governor Lisa Cook

• Bermuda is building the first fully on-chain national economy with the support of Coinbase and Circle

• US Treasury Secretary Bessent reiterated that the Federal Reserve's independence "does not mean lack of oversight"

• "Wrench attacks" are becoming an increasingly violent form of crypto crime

• Donald Trump stated: "I am the king of tariffs and the king of tariffs did an excellent job"
BTC-2,37%
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