Since November 11, severe winter storms in the United States have driven a roughly 12% drop in Bitcoin's network hashrate, pushing it down to around 970 exahashes per second. Mining revenue fell from about $45 million per day on January 22 to a low near $28 million two days later, as large operators curtailed output and profitability sank to levels last seen in November 2024.

Over the weekend, Bitcoin briefly fell about 7% to $77,000 before rebounding to near $78,600, a move analyst PlanC contends could represent the deepest correction of the current bull market. He argues the price action resembles previous capitulation phases and estimates a potential cycle floor between $75,000 and $80,000, while other strategists warn that further downside toward the mid-$60,000 or even $60,000 area remains possible amid hawkish Federal Reserve policy and geopolitical tensions.

During a Binance Q&A, Changpeng Zhao rejected claims the exchange sparked the Oct. 10 liquidation wave that erased about $19 billion in leveraged positions. He said he spoke as a shareholder, not as an executive. USDe's brief drop to $0.65 on Binance was later tied to an internal oracle issue, and users were compensated around $283 million.

On January 30, 2026, Arthur Hayes said Bitcoin's slump stems from a roughly $300 billion pullback in U.S. dollar liquidity, not crypto-specific factors. He cited a $200 billion jump in the Treasury General Account and noted the USDLIQ index's nearly 7% six-month drop as evidence of tighter conditions.

Multiple outlets report President Donald Trump plans to nominate former Fed governor Kevin Warsh as the next chair, with an official announcement expected Friday morning. Prediction markets swiftly repriced the race, with Polymarket moving from about 30% to 95% and Kalshi at 93%, while markets braced for a more hawkish policy tilt.

On January 29, 2026, economist Peter Schiff said Bitcoin is now worth about 15.5 ounces of gold, 57% below its 2021 high and only roughly 10% above its 2017 peak in gold terms. As Bitcoin trades below $89,000 amid geopolitical tension and a cautious Federal Reserve, analysts highlight renewed demand for gold and silver as investors seek perceived safer assets outside government control.

Solana's active validator set has declined by 68% in three years, dropping from a peak of 2,560 nodes in March 2023 to 795, according to Solanacompass. Smaller, independent validators report that rising operating costs and fee competition from large zero-fee operators are pushing them out, while Solana's Nakamoto Coefficient has fallen from 31 to 20 over the same period, signaling increased network concentration.

Since the beginning of 2026, XRP has fallen about 4% in price while the number of wallets holding over 1 million tokens has started to rise again. On-chain data shows 42 large XRP wallets have returned since January 1 and smart money holdings have increased, even as analysts remain split on the token's short-term prospects amid broader market caution.

Strive said Wednesday it has retired 92% of the liabilities assumed in its Semler Scientific acquisition and purchased 333.9 BTC after completing its Variable Rate Series A Perpetual Preferred Stock offering. Strong demand lifted the raise to $225 million from a $150 million target. The company's holdings now total 13,132 BTC, with $110 million of inherited debt already repaid.