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Top Crypto Headlines
1. Bitcoin rebounded to around $89,500, gaining over 1% from session lows, after former President Trump adopted a calmer tone at the World Economic Forum in Davos on potential U.S. acquisition of Greenland, explicitly stating negotiations would not threaten NATO.
2. Total cryptocurrency market capitalization fell nearly 3% to $3.07 trillion amid broad risk-off moves in equities and persistent uncertainty, dragging Ethereum down over 2% and pressuring Solana and XRP lower.
3. Spot ETFs tracking Bitcoin, Ethereum, and XRP recorded combined net outflows of $766 million on January 20 the largest single-day total this year signaling institutional de-risking.
4. Binance announced plans to add Ripple's RLUSD stablecoin to its Ethereum platform, expanding access to regulated stablecoins.
5. Galaxy Digital, led by Mike Novogratz, is preparing to launch a $100 million crypto hedge fund despite recent market turbulence.
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