Bitcoin remains resilient above $90,000 despite geopolitical events and awaits a US Supreme Court decision on tariffs. Broader market sees mixed performance, with altcoins like XRP outperforming Bitcoin, leading to a slight decrease in Bitcoin dominance.
What to Know:
- Bitcoin remains resilient above $90,000 despite geopolitical events and awaits a US Supreme Court decision on tariffs.
- Broader market sees mixed performance, with altcoins like XRP outperforming Bitcoin, leading to a slight decrease in Bitcoin dominance.
- XRP experiences an 11% surge, highlighting its potential for growth amid market fluctuations and positive developments in spot XRP ETFs.
The first full week of 2026 saw notable events in both the geopolitical and crypto spheres. Bitcoin demonstrated resilience, maintaining levels above $90,000 despite external pressures. Meanwhile, altcoins such as XRP showed strong performance, hinting at shifting market dynamics.
Bitcoin’s Response to Geopolitical Events
Early in the week, geopolitical tensions stemming from US actions in Venezuela initially caused a slight dip in Bitcoin’s price. However, BTC quickly rebounded, surpassing the $90,000 mark. This price action underscores Bitcoin’s potential as a safe-haven asset during times of uncertainty.
Market Performance and Altcoin Surge
Bitcoin reached a peak of nearly $95,000 before facing resistance. Despite a subsequent decline below $89,500, it recovered to trade just above $90,000. Several altcoins, including XRP, SOL, ADA, XMR, XLM, DOGE, and BCH, outperformed Bitcoin, leading to a slight decrease in Bitcoin’s dominance, which fell below 57%.
XRP’s Notable Gains
XRP experienced an impressive 11% surge, although it faced resistance at $2.40. This increase reflects positive sentiment and growing interest in XRP, potentially driven by developments in spot XRP ETFs and broader adoption.
Key Crypto Headlines
This week’s headlines included the Truebit Protocol suffering a $26.5 million DeFi hack, the end of a green streak for spot XRP ETFs, and analysis of Bitcoin’s recovery as “structurally healthy.” Arthur Hayes suggested that lower oil prices, potentially resulting from developments in Venezuela, could trigger a Bitcoin bull run. Additionally, Morgan Stanley filed with the SEC to launch BTC, SOL, and ETH ETFs, signaling increasing institutional adoption.
Institutional Adoption and Market Structure
Morgan Stanley’s filings for Bitcoin, Solana, and Ethereum ETFs mark a significant step in institutional adoption. These moves could bring more liquidity and stability to the market, further legitimizing cryptocurrencies as an asset class. Such developments are crucial for the long-term growth and maturation of the crypto market structure.
Concluding Remarks
The cryptocurrency market remains dynamic, with Bitcoin showing resilience amid geopolitical tensions and altcoins like XRP demonstrating strong growth potential. Increased institutional interest, as evidenced by ETF filings, points to a maturing market landscape.
Related: Crypto Signals: XRP, BTC, ETH Target Key Levels
Source: Original article
Quick Summary
Bitcoin remains resilient above $90,000 despite geopolitical events and awaits a US Supreme Court decision on tariffs. Broader market sees mixed performance, with altcoins like XRP outperforming Bitcoin, leading to a slight decrease in Bitcoin dominance.
Source
Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.
Author
Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.
Editorial Note
Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.
