Bitcoin stages rebound toward US$90,000 as traders look to Trump’s Davos talks

January 22, 2026

Bitcoin showed renewed strength on January 21, 2026, edging back up toward the $90,000 level after a period of macro-driven selling and market volatility, with traders closely watching U.S. President Donald Trump’s scheduled address at the World Economic Forum (WEF) in Davos for potential market cues.

After a recent drop below key price thresholds amid broader risk-off sentiment, Bitcoin climbed back toward roughly $89,600 in early trading, off the lows seen in the previous session. A tentative stabilisation in equities and bond markets helped calm some selling pressure, allowing crypto markets to breathe after a stretch of sharp declines.

Traders have been balancing two dominant forces: lingering macro uncertainty and expectations that political developments in Davos could influence regulatory or policy sentiment that impacts crypto. President Trump’s participation, his first high-profile appearance at the WEF in several years, has added a layer of geopolitical and economic context for markets, especially after earlier tariff threats and trade tensions unsettled risk assets.

Bitcoin stages rebound toward $90,000 — Bitcoin

While Bitcoin’s rebound did not decisively break above US$90,000 for long, the move signalled a pause in the recent downtrend and reflected the market’s sensitivity to broader macroeconomic conditions. Major altcoins such as Ethereum, Solana, Cardano and XRP also steadied early in the session, indicating a more cautious risk sentiment across digital assets.

Analysts note that investor focus is split between near-term geopolitical events, like Trump’s Davos remarks, and ongoing structural trends in crypto markets, including ETF flows, liquidation events in leveraged positions and shifting bond yields that affect risk asset allocations.

For now, Bitcoin’s price action around the US$88,000–US$90,000 zone shows markets in a consolidation phase, with traders watching for breakouts above key resistance levels or renewed volatility as macro data and political developments unfold.