the crypto market is seeing a risk-off pullback as geopolitical tensions rattle global investors.
Market Status: Total crypto market cap is down ~3% to $3.10 trillion. Key Driver: President Trump’s proposed 10% Greenland Tax (tariffs on European nations) has caused a flight to safety. Investors are moving out of crypto and into Gold, which hit a record high of $4,680. Liquidations: Over $870 million in long positions were wiped out in the last 24 hours as prices dipped.
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20 Jan 2026
the crypto market is seeing a risk-off pullback as geopolitical tensions rattle global investors.
Market Status:
Total crypto market cap is down ~3% to $3.10 trillion.
Key Driver: President Trump’s proposed 10% Greenland Tax (tariffs on European nations) has caused a flight to safety. Investors are moving out of crypto and into Gold, which hit a record high of $4,680.
Liquidations: Over $870 million in long positions were wiped out in the last 24 hours as prices dipped.