Bitcoin’s Steady Ascent: Navigating Macroeconomic Waves Above $90K

As of January 22, 2026, bitcoin demonstrates remarkable resilience, maintaining its position above the $90,000 threshold. This stability unfolds against a backdrop of significant macroeconomic proposals, notably former President Donald Trump's announced plan for a $200 billion mortgage bond purchase program. The initiative, designed to artificially lower mortgage rates, has drawn immediate comparisons to the financial engineering and mortgage-backed securities (MBS) market that precipitated the 2008 global financial crisis. For cryptocurrency markets, this development is pivotal, not for causing panic, but for reinforcing Bitcoin's evolving narrative as a potential hedge against traditional financial system fragility and unconventional monetary interventions. The market's technical and derivatives data corroborate a landscape of cautious consolidation rather than speculative frenzy. A marginal 0.34% increase in open interest across derivatives markets suggests a measured addition of new positions, indicating that seasoned investors are processing the macroeconomic news without rushing to extreme leverage. More strikingly, liquidations have plummeted by approximately 50%, signaling a significant reduction in forced selling and high-leverage washouts. This points to a healthier market structure with reduced systemic risk from over-leveraged positions. Furthermore, the Relative Strength Index (RSI), a key momentum oscillator, is reported to be hovering in a neutral zone, avoiding overbought or oversold extremes. This technical posture suggests Bitcoin is gathering strength organically, avoiding the parabolic spikes that often lead to sharp corrections. Looking forward, the interplay between such large-scale fiscal proposals and digital asset markets will be crucial. Trump's mortgage bond plan evokes memories of quantitative easing (QE) measures, which historically devalued fiat currencies and propelled investors towards hard assets like gold and, in the modern era, Bitcoin. If this plan is perceived as a form of debt monetization or currency debasement, it could accelerate capital rotation into decentralized, scarce assets. Bitcoin's current stability above $90,000, supported by robust derivatives metrics and neutral momentum, lays a strong foundation for its next leg upward. The target remains firmly on reaching new all-time highs, with the $100,000 psychological barrier acting as the next major focal point. The cryptocurrency's ability to hold firm amidst discussions of substantial new debt issuance underscores its growing maturity and its compelling value proposition as a sovereign, non-debt-based asset in an era of expanding public and private debt burdens.

Bitcoin Holds Above $90K Amid Trump's $200B Mortgage Bond Plan

Bitcoin stabilized NEAR $90,000 as markets digested former President Trump's proposal for a $200 billion mortgage bond purchase program. The move, aimed at lowering mortgage rates, evoked parallels to the 2008 financial crisis when mortgage-backed securities collapsed.

Cryptocurrency derivatives signaled muted reaction: Open interest edged up 0.34%, while liquidations plunged 50%. The Relative Strength Index (RSI) hovered in neutral territory, suggesting neither overbought nor oversold conditions.

Market participants remain wary of macroeconomic Ripple effects. 'When governments intervene in housing at scale, unintended consequences follow,' noted a veteran trader who survived the 2008 debacle. The crypto market's resilience at current levels suggests traders are hedging against traditional finance volatility.

Cathie Wood Foresees US Bitcoin Strategic Reserve Shift from Seizures to Market Purchases

ARK Invest founder Cathie Wood predicts a pivotal shift in US Bitcoin reserve strategy, moving beyond seized assets to active market purchases. Speaking on the "Bitcoin Brainstorm" podcast, Wood framed this as essential for the administration to meet its 1 million BTC target—a move that would cement digital assets as a cornerstone of financial policy.

The political calculus is clear. With crypto voters instrumental in Donald Trump's 2026 reelection, the WHITE House appears keen to maintain momentum. Senator Cynthia Lummis' BITCOIN Act now takes center stage as the mechanism to authorize Treasury purchases—a departure from years of reliance on law enforcement seizures.

Market implications could be profound. While the Treasury has historically accumulated BTC through Silk Road and other forfeitures, direct buys WOULD signal unprecedented institutional validation. "This isn't about campaigning anymore," Wood noted. "It's about legacy-building through monetary innovation."

Colombia Tightens Crypto Oversight with Mandatory Exchange Reporting

Colombia's tax authority has escalated its cryptocurrency crackdown through Resolution 000240, requiring exchanges and service providers to disclose detailed user transaction data by May 2027. The directive implements OECD reporting standards, mandating platforms to share account ownership details, trading volumes, and asset valuations for all 2026 activity.

The MOVE signals a shift from voluntary compliance to enforced transparency, aligning Colombia with global tax enforcement trends. Domestic and international exchanges servicing Colombian users must now implement enhanced due diligence protocols, with cross-border data sharing mechanisms activated.

This regulatory hardening follows rapid crypto adoption in Colombia, where peer-to-peer trading volumes consistently rank among Latin America's highest. The resolution notably encompasses Bitcoin, stablecoins, and altcoins—closing previous reporting gaps for decentralized assets.

Markets Edge Higher Amid Jobs Data Wait, Crypto Holds Steady

Futures ticked upward as investors braced for December jobs data and potential Supreme Court rulings. The S&P 500 and Nasdaq showed muted gains, while Bitcoin held near $90,300 despite minor slippage—a fourth consecutive dip that failed to shake crypto's entrenched bullish sentiment.

Commodities signaled risk appetite with WTI crude climbing 1% to $58.25/barrel and gold firming at $4,480/oz. The real action lurked offstage: mining giants Glencore and Rio Tinto revived merger talks that could reshape global commodity flows—a structural shift with implications for crypto-mining hardware supply chains.