After weeks of ugly positioning, or days, last night delivered something we were hoping for. A relief. A preferable geopolitical condition flipped the script, sending US stocks sprinting while cooling an overheated gold rally, and giving the long-awaited Bitcoin and crypto a green light. Or is it a green light?
Yes, all three showed up early this AM. Bitcoin rally caught a bid, US stocks ripped, and gold politely stepped back a little bit.
Trump’s Davos speech did most of the pushing. By ruling out force over Greenland and floating a NATO-based framework instead, he unplugged a geopolitical jump scare. Trump has also doubled down on making the US the global hub for digital assets and teasing a fast-tracked crypto legislation.
But that’s not all, tariffs are being scrapped too, at least for now.
The Case of Crypto Bull Run: Bitcoin to Rally After US Stocks?
Somewhere between praising US economic dominance and mixing up Greenland with “Iceland”, Trump leaned into optimism. Dips were “minor,” markets were going to “double,” and America was open for business.
Was it effective?
Bitcoin climbed toward $90,000, Ethereum pushed above $3,000, and sentiment flipped from cautious to neutral in a matter of hours. Liquidations hit $606 million, nearly evenly split between longs and shorts, because crypto loves punishing everyone equally this cycle.
(source – Coinglass)
Behind the scenes, the CFTC rolled out its “Future-Proof” plan, nudging Congress to finally modernize digital asset rules. Trump’s AI and crypto czar floated the idea of banks and stablecoins playing nicer together. Even the American Bankers Association jumped in, waving red flags about yields in a nervous way. I think Brian Armstrong has a strong argument here.
JUST IN:
Coinbase CEO Brian Armstrong calls out French Central Bank Governor's misunderstanding of Bitcoin.
"Bitcoin is a decentralized protocol…Bitcoin is more independent." pic.twitter.com/k7WNsBrgAP
— Watcher.Guru (@WatcherGuru) January 21, 2026
Meanwhile, US stocks did what US stocks do when there is no planned apocalypse. The Dow jumped 588 points, the S&P 500 gained 1.16%, and the Nasdaq added 1.18%, erasing more than half of recent losses in a single session.
Supply chains breathed easier, multinationals caught a bid, and risk assets across the board followed equities higher. Bitcoin is having its rally, as the bottom might already be priced in. We can just hope that crypto joins the US stocks sprint.
DISCOVER: 10+ Next Crypto to 100X In 2026
Gold and Maybe Some Important Random News
The gold rally, which had been acting like WW3 was really coming, finally started to consolidate. Its price was tagged $4,891 per ounce before slipping to around $4,772 as uncertainty cooled. Silver did the same, pulling back after punching $95. Gold enjoyers took profits, volatility eased, and crypto could finally have its time as capital deployment rotates.
BREAKING: GOLD,SILVER DUMP AFTER TRUMP CANCELS EU TARIFFS pic.twitter.com/jlD1FrvNjR
— Coin Bureau (@coinbureau) January 22, 2026
Moving to the other news, Iran reportedly stockpiled over $500 million in Tether USDT to protect its currency, reminding us how important stablecoins are. BlackRock, on the other hand, doubled down on crypto and tokenization as long-term drivers, while Solana dominated DEX volumes with a stable price, and XRP recorded bad outflow numbers.
The headline is now “no war”, no World War 3 yet. US stocks are running. The gold rally is cooling off as we wait for Bitcoin.
“Bitcoin is a decentralized protocol. There’s actually no issuer of it. So in the sense that central banks have independence, Bitcoin is even more independent. There’s no country or company or individual who controls it in the world.” – Brian Armstrong during Davos
DISCOVER:
- 16+ New and Upcoming Binance Listings in 2026
- 99Bitcoins’ Q4 2025 State of Crypto Market Report
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The post Crypto Market News Today, January 22: No War? Gold Consolidates, US Stocks Run, and Bitcoin Rally Can Finally Start appeared first on 99Bitcoins.
