January 19 Work Commute Podcast — The US Officially Advances "Bitcoin Strategic Reserve"... Altcoins Strengthen Amid Market Turmoil

2026-01-18 23:06:39

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On January 19, 2026, the cryptocurrency market experienced a slight increase while Bitcoin remained in the $95,000 range, and a recovery in investment sentiment centered around altcoins was observed. However, signals such as leverage liquidations, decreased trading volume, and government policy variables were mixed.

Bitcoin rose 0.32% from the previous day to $95,253.79; Ethereum increased by 1.27% to $3,314.45. Other major altcoins such as Ripple(+0.98%), BNB(+2.25%), Solana(+0.07%), Dogecoin(+1.08%), Cardano(+3.39%), and TRON(+2.59%) also generally trended upward. The total market capitalization was approximately $3.2316 trillion, with Bitcoin accounting for 58.88%, and Ethereum for 12.38%.

The 24-hour total trading volume was about $64.6 billion, with trading volume shrinking in major sectors such as DeFi(-11.84%), stablecoins(-34.15%), and derivatives(-35.61%).

Meanwhile, approximately $13.7 million in leveraged positions were liquidated, with long positions accounting for 53.56%. Binance’s liquidation amount was $5.19 million, and AXS had the largest single-day liquidation at $12.38 million. Ethereum and Bitcoin liquidation amounts were $7.92 million and $5.11 million, respectively.

On the policy front, reports indicated that the U.S. White House is actively promoting a Bitcoin strategic reserve plan, but progress is slow due to legal interpretation issues. Nigeria increased the maximum registration capital requirement for digital assets by four times, continuing to strengthen regulation.

Technically, some of the 5,000 Bitcoin purchased 12 years ago were further sold, triggering market reactions; major investor addresses of Floki also sold $1.35 million worth. On the other hand, some forecasts predict that the tokenization market size will grow to $400 billion by 2026.

In the domestic Korean market, although the “Kimchi premium” was not mentioned, Bitcoin’s market share slightly declined, while Ethereum and altcoins continued their strong performance, indicating that investor interest is becoming more diversified.

BTC-0.89%

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