Why Is Bitcoin Price Down Today? (Jan 20, 2026)

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Bitcoin's price dropped by more than 2.5% in the past 24 hours. Here is why.

Bitcoin’s price dropped by 2.6% in the past 24 hours, reaching a low of around $90,600.

With this, the cryptocurrency has erased all its gains from January 14th and is once again trading at the levels we saw on the 12th, as shown in the chart below.

The price instability stems mostly from expanding international trade uncertainty, as Donald Trump continues applying pressure regarding Greenland.

First things first, it’s important to note that Bitcoin is far from the only cryptocurrency in the red today.

In fact, out of the top 100 coins by means of total market capitalization, only a handful are trading in the green.


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