Guy Fawkes 
Today, crypto markets are stuck in an awkward pause with so much fud-toned news. Bitcoin USD price is holding its breath, the gold chart keeps running, and each one of us is glued to the incoming FOMC news. With the dollar losing altitude, risk assets are recalibrating.
Under the surface, Polymarket bettors are assigning nearly a 76% probability to a US government shutdown by January 31. And legislative momentum around the US Crypto Clarity Act has slowed, keeping institutions cautious. Now, is there even enough liquidity for the market today?
(source – Polymarket)
The Federal Open Market Committee meeting also delivered no surprises on paper, yet. Rates were held steady at 3.50%–3.75%, brushing aside expectations of an early cut.
Meanwhile, dollar weakness is playing some part in the current market condition. The USD index slipped by almost 3% to 96.09 this week, and more than 10% in the last 12 months. Today, though, the drop is likely fueled by rumors and whispers of yen intervention.
(source – TradingView)
For macro cycles veterans, these are familiar conditions. Before the Plaza Accord in the 1980s, currencies weakened well before official coordination.
FOMC News Reshapes Crypto Movement Today
Safe-haven flows are no longer subtle as Gold USD smashed through an all-time high today of $5,280 per ounce, outperforming the S&P 500’s total return by more than 100% over comparable periods. Most crypto news today is mentioning gold alongside equities as capital hedging macro risk tied to FOMC news.
Even stablecoin issuers are leaning into the same narrative. Tether now reportedly holds over 140 tons of gold, worth $24 billion in current price, more or less, stored in Switzerland. That stash is larger than the reserves of several countries, reinforcing gold’s relevance.
JUST IN: Tether now holds over 140 tons of gold worth $23 billion, the largest known non-sovereign gold stash in the world, stored inside a nuclear bunker. pic.twitter.com/QMZGVK3Tue
— Watcher.Guru (@WatcherGuru) January 28, 2026
At the same time, Bitcoin USD trades around $89,000, up by a litle 1.2% on the day. Comparing gold to Bitcoins, or even USD? You simply cannot compare them. Yes, gold spent years consolidating before exploding higher, while Bitcoin sprinted first and paused later. With gold sitting at a $36 trillion market cap, some argue that crypto and Bitcoin USD still have room to play catch-up; they just need the FOMC news today to turn liquidity-friendly.
Gold is pumping short-term after a decade of accumulation. Bitcoin is accumulating short-term after a decade of Pumping.
DISCOVER: 10+ Next Crypto to 100X In 2026
Bitcoin and Gold USD Diverge, Then Converge?
From a technical angle, Bitcoin USD remains in a medium-term downtrend, facing resistance near $89,250 and finding support closer to $85,000. Momentum traders might see the potential for a higher low, especially if the dollar continues to weaken after key news on FOMC milestones.
Crypto news today supports a cautiously constructive backdrop, with the total crypto market cap rising 1.49% to $3.02 trillion as Bitcoin dominance dipped slightly. On-chain activity shows that Solana-based platforms like Pump.fun are briefly overtaking Hyperliquid in daily revenue, proof that degens are still degening, as they change lanes from derivatives trading to memecoining.
(source – CoinGecko)
Bitcoin mining stocks like Applied Digital jumped 14%, IREN gained 9%, and some followed suit. The Crypto Fear & Greed Index also improved, climbing from extreme fear into the fear zone.
Bernstein’s call for tokenization as a game-changer adds a longer-term frame. Crypto news today remains tethered to macro gravity, and FOMC news pressures the dollar. Gold keeps leading the dance, and Bitcoin USD waits.
Bernstein (Gautam Chhugani): tokenization is a “game changer” because it starts touching the core plumbing of finance: origination, financing, and trading across credit and equities. The thesis isn’t hype, it’s friction: platforms that compress costs and cycle times can… pic.twitter.com/ytYdGnyv3K
— PBG (@PBGtoken) January 27, 2026
Crypto is being shaped by one theme today: news uncertainty. TL;DR, Bitcoin USD pumps a bit, but not at a happy point yet, while gold pushes into record territory.
DISCOVER:
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Ethereum ERC-8004 Pushes AI Crypto Agents Toward Mainnet
Ethereum developers reportedly agreed to move ERC-8004 forward, a new standard designed to let AI crypto agents interact directly on the Ethereum mainnet by the end of 2026.
ETH USD is trading up nearly +3% on the day, and is sitting just below $3,000 as the broader market experienced an overnight bounce, with $50Bn added to the total market cap in the past 24 hours.
This matters because Ethereum
is shifting from a tech experiment created in Vitalik Buterin’s bedroom and into usable financial infrastructure.
Each new standard lowers friction for everyday users, and that trend helps explain why institutions continue to watch Ethereum closely, as evidenced by the multiple spot ETF products that see high volume consistently.
Read the full story here.
Santiment Flags XRP and Ethereum as Undervalued After Pullback
Understandably, you have to be “strong-willed” to buy Ethereum, XRP, or any top-10 altcoin. The past few weeks has been brutal for promising tokens. And this is expected to continue as long as Bitcoin struggles for momentum.
To put in numbers, Ethereum is down from December 2025 highs of near $3,500. Meanwhile, like Solana, Cardano, and other best cryptos to buy, XRP crypto, despite the XRP Army calling for a moonshot, slid below $2 and is yet to reverse losses.
Still, given this state of crypto market affairs, on-chain data points to a different story. Yesterday, Santiment, an on-chain intelligence platform, said XRP and Ethereum are sitting in an “undervalued” zone based on market value to realized value (MVRV) ratio.
Read our full coverage here.
BNB Crypto Up +2.5% and Back Over $900: Is the Binance Coin Back?
BNB Crypto climbed about +2.5% by Wednesday morning (January 28), reclaiming its key level of $900 in the process. The Binance-backed token is one of the strongest performers over the past year, up +34% from this time last year, all while most other major caps are in the red.
The overnight pump across the crypto market has seen the total market cap rise back above $3.1 trillion as buyers returned to large-cap altcoins, with BNB USD, SOL, and the Ethereum price all pumping by + 2.5% and +3%.
This price spike comes as the Binance Smart Chain (BSC), the Layer-1 blockchain that uses BNB as its native token, has seen a jump in TVL (Total Value Locked), up +1.59% on the day and now sitting at $6.85Bn, per DefiLlama.
Read our full coverage here.
Solana Meme Coin Season Back? Pump.fun Activity Soars As PUMP Spikes 34%
Is the Solana meme coin season back? As is well known, Solana is the primary host of meme coin activity, and SOL is very sensitive to this trend. In the last SOL USD bull run in 2024, the explosion of meme coin trading on Raydium, a DEX on Solana, pushed the coin as high as $295.
Like some of the best cryptos to buy, SOL crypto has had a tough start to the year. It sank below $120 in December 2025 before recovering to spot rates. Although traders expect SOL USD prices to recover, even breaking above December highs, there are opportunities to explore in the broader Solana ecosystem.
Presently, all eyes are on PUMP, the token behind Pump.fun, the meme coin launchpad on Solana. PUMP crypto is up +34% in the last week of trading, thanks in part to the resurgence of meme coin activity on Pump.fun.
Read the full story here.
Pippin and Pengu Crypto Lift Meme Coin Market: Start Of Meme Frenzy?
Two meme coins, PIPPIN crypto and Pudgy Penguins, PENGU, are causing medium hype among the meme coin lovers . Why? Well, Pippin recently crossed the $500 million market cap mark after a powerful daily run, while Pengu continues to draw steady volume, and an 8% price increment, thanks to its NFT roots and brand strength.
$PIPPIN is up 60% in the last 24 hours
What did I miss? pic.twitter.com/Cf4UeKrtGD
— Aisar (@aisarcore) January 28, 2026
Their combined performance has traders watching closely: Is this the early sign of another meme coin cycle heating up?
Let’s look at what’s actually happening.
Read the full story here.
The Financial Conduct Authority (FCA) in the UK has banned a highly controversial Coinbase ad after regulators said it failed to meet strict financial promotion rules.
This Coinbase news fits a broader trend since the FTX collapse, in which regulators now police crypto marketing as they do high-risk investing, with crypto in the UK still treated like a leper by the authorities.
Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis
• A cryptocurrency company advised by George Osborne has been banned from showing a set of adverts that suggested using its services could be a solution to the cost of living crisis.
•… pic.twitter.com/jNgR7uTdOw— D (@DateeD1) January 28, 2026
The broader market has paid no heed to Coinbase ads being banned in the UK, as the combined crypto market cap is up 1.2% overnight, back over $3.1 trillion, while Bitcoin reclaimed $89,000.
Read our full coverage here.
Australian Court Slaps Crypto Firm With Fine Over Misleading Claims
Unfortunately, crypto cannot thrive without regulation. Compliance with existing laws provides the necessary plumbing for growth and smooth operations. The US and Europe are keen on drafting laws to regulate this multi-trillion-dollar industry, and regulators across the world now move faster and hit harder when marketing crosses the line.
Recently, an Australian federal court fined crypto firm BPS Financial after finding it misled investors about a token tied to its platform. The ruling, finalized in late January 2026, is a clear signal that the “authorized representative” loophole and aggressive marketing claims will no longer fly, especially in Australia.
Even after this ruling, the Bitcoin price is still capped below $90,000. Traders are upbeat, expecting the digital gold to follow gold and precious metals. However, before this phase, buyers must clear $90,000 and $95,000.
Read here.
Ethereum Treasury ETHZilla Sells ETH for Jet Engines
ETHZilla, the Ethereum-centric treasury outfit, just pulled off something genuinely unexpected: it offloaded roughly $114 million worth of ETH to snap up two CFM56-7B24 jet engines for $12.2 million. The purchase went through a fresh subsidiary called ETHZilla Aerospace LLC, and those engines are already leased out to a major airline, delivering steady monthly cash flow.
There’s even a built-in buy-sell clause letting either side move the assets for $3 million apiece once the lease wraps.
https://twitter.com/0xgeegee/status/2015237659028009305?s=61
At first glance, it feels off-script. Most crypto treasuries treat their tokens like sacred reserves, stacking them high rather than trading them for heavy machinery. Yet here ETHZilla is, swapping digital assets for literal airplane parts.
This fits a wider push toward the tokenization of real-world assets. Big finance wants blockchain rails without the wild price swings of pure crypto.
Read the full story here.
Tom Lee’s BitMine Just Made Its Biggest ETH Buy Ever
Yesterday, on January 26, Tom Lee-backed BitMine made its largest-ever Ethereum purchase, adding aggressively to its ETH holdings. Replicating Strategy’s plan, BitMine has been aggressively buying ETH over the last few months. As of late January 2026, the company is the largest holder of ETH among all public firms.
The ETH USD price reacted positively to the news. Although a technical candlestick arrangement may favor sellers in the short term, buyers are pushing on. The second most valuable coin is trading above $3,000 at press time, adding +3% in the last 24 hours.
Overall, the bounce can be seen as a positive development and a vote of confidence for ETH. With BitMine resuming its aggressive buying, it is a signal that the big boys could be warming back up to Ethereum after a long stretch of caution.
Read the full story here.
The post Crypto Market News Today, January 28: USD Index Dropping as We Wait For FOMC Results, Bitcoin to Follow Gold? appeared first on 99Bitcoins.
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