Bitcoin, Ethereum Weaken, While XRP And Dogecoin Gain Amid Trump-Greenland Tensions: Analyst Sees 'Good Signal' If BTC Closes Above This Level

By Aniket Verma | January 19, 2026, 9:05 PM

Leading cryptocurrencies failed to rally on Monday as geopolitical tensions over Greenland dampened investors’ risk appetite.

Cryptocurrency	Gains +/-	Price (Recorded at 8:20 p.m. ET)
Bitcoin (CRYPTO: BTC)	-0.12%	$92,635.81
Ethereum (CRYPTO: ETH)	-1.06%	$3,182.04
XRP (CRYPTO: XRP)	+1.33%	$1.97
Solana (CRYPTO: SOL)	-0.38%	$133.58
Dogecoin (CRYPTO: DOGE)	+1.01%	$0.1283

Bitcoin Enters Consolidation Amid ‘Fear’ Sentiment

Bitcoin consolidated between $92,000 to $93,300 overnight, while trading volume rose nearly 10% over the last 24 hours.

Ethereum dived to an intraday low of 3,166 in the evening, after trading sideways for most of the day. XRP and Dogecoin, meanwhile, traded in the green.

The derivatives market cooled following Sunday’s crash. Over $100 million was liquidated from the market in the last 24 hours, according to Coinglass.

Bitcoin's open interest rose 0.73% in the last 24 hours. Meanwhile, the percentage of Binance traders with long BTC positions rose to 67% from 60%, according to the Long/Short Ratio.

The "Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours)

Cryptocurrency (Market Cap>$100 M)	Gains +/-	Price (Recorded at 8:20 p.m. ET)
Oasis (ROSE )	+38.96%	$0.01892
River (RIVER )	+12.60%	$30.64
Midnight (NIGHT )	+12.23%	$0.06211

The global cryptocurrency market capitalization stood at $3.13 trillion, following a modest drop of 0.18% in the last 24 hours.

Stock Futures Dive Over Greenland Tensions

Stock futures declined overnight on Monday. The Dow Jones Industrial Average Futures fell 455 points, or 0.92%, as of 7:38 p.m. EDT. Futures tied to the S&P 500 slipped 1%, while Nasdaq 100 Futures lost 1.17%.

Geopolitical tensions exacerbated as Trump said that he is no longer obliged "to think purely of peace" in a letter to Norway’s Prime Minister Jonas Gahr Stoere and reiterated "complete and total control" of Greenland.

PRESIDENT TRUMP'S FULL LETTER TO NORWAY:

"I no longer feel an obligation to think purely of peace… but can now think about what is good and proper for the USA."

Trump is doubling down on Greenland.

Step #6 of our tariff playbook is beginning. https://t.co/O0OxJZlpJl pic.twitter.com/64aF2PnQiY
— The Kobeissi Letter (@KobeissiLetter) January 19, 2026

Demand for safe haven rose as spot silver surged to a new all-time high of $4,680 per ounce. Spot gold traded 0.24% at $4,668 per ounce.

The New York Stock Exchange and Nasdaq will open for regular trading on Tuesday.

Key Support Levels To Watch Out For

Widely followed cryptocurrency analyst and trader Ali Martinez identified $91,824 as the support level that could dictate what's next for Bitcoin.

$91,824.

That's the support level that defines what's next for Bitcoin $BTC. pic.twitter.com/JMLZ5a5KW6
— Ali Charts (@alicharts) January 19, 2026

As for Ethereum, Martinez flagged $3,085 as the level the cryptocurrency needs to hold for a continued bullish bias.

$3,085.

That's the level Ethereum $ETH needs to hold to have a chance of a bullish breakout. https://t.co/W9cA0qcRgM pic.twitter.com/tmS88G0lhQ
— Ali Charts (@alicharts) January 19, 2026

Michaël van de Poppe, another popular market commentator, said that Bitcoin closing above $93,000 would be a "good signal" and could result in a follow-up rally tomorrow.

The daily candles of almost everything in the ecosystem are turning into the right direction.#Bitcoin closing above $93K would be a good signal and would likely be bringing a follow-up move tomorrow towards higher numbers.
— Michaël van de Poppe (@CryptoMichNL) January 19, 2026

Photo: Shutterstock AI on Shutterstock.com

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