Friday, 23 January 2026

Update 3 #Bitcoin BTC Price News Today 23-1-2026

#Bitcoin BTC Price News Today 23-1-2026 - Elliott Wave and technical analysis of #BTC, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.

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Bitcoin (BTC) is trading at approximately $90,081.50 today, January 23, 2026, reflecting a 1.28% increase over the last 24 hours. Despite this daily gain, the asset remains volatile, having touched a 7-day low of $87,277.40 earlier this week. Buy Bitcoin >>



Key Market Insights

--Price Volatility: BTC reclaimed the $91,000 level in early U.S. trading hours before slipping back toward $89,000. Analysts attribute some of this movement to suspected foreign exchange intervention by the Bank of Japan, which strengthened the yen and impacted global risk assets.

--ETF Activity: U.S. spot Bitcoin ETFs recorded their largest withdrawals in two months, with over $1.6 billion in outflows over the past four days.

--Institutional News: Grayscale has filed for a new ETF tracking Binance's BNB token, and Nasdaq has increased contract limits for Bitcoin and Ethereum ETF options, potentially increasing future liquidity.

--Expert Sentiment: Long-time skeptic Peter Schiff criticized Bitcoin's recent performance, noting it is down more than 50% when priced against gold since its 2021 peak, while silver approached $100 today.

2026 Financial Snapshot

--All-Time High (ATH): Bitcoin reached its current record of $126,198.07 on October 6, 2025. It is currently trading approximately 29% below this peak.

--Supply Dynamics: The circulating supply is now 19.98 million BTC, representing roughly 95% of the maximum 21 million supply.

--Market Dominance: Bitcoin maintains a strong position, accounting for approximately 61% of the total $3.01 trillion global cryptocurrency market cap.
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