[LIVE] PulseWire Today: Latest Updates for Jan. 26, 2026 – BTC Slumps 11% From Monthly High Below $87K Amid Market Wide Slump

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Author

Jai Pratap

Author

Jai Pratap

Part of the Team Since

Jun 2023

About Author

Jai serves as the Asia Desk Editor for PulseWire.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

January 26, 2026

The cryptocurrency market faced a sharp correction in the early hours of January 26, with BTC erasing its entire monthly progress. After peaking at $97,000 on January 14, Bitcoin slid approximately 10.9% to briefly dip below the $87,000 mark. This volatility has pushed the January return to -0.5%, reflecting a broader “risk-off” sentiment across the digital asset space. The pullback is being attributed largely to rising uncertainty around U.S. government shutdown, alongside broader risk-off sentiment across global markets.The GameFi sector bore the brunt of the sell-off, dropping nearly 5%, led by double-digit losses in Axie Infinity (AXS). While Ethereum fell below $2,900, some assets showed resilience; notably, River (RIVER) surged 30% and Beam (BEAM) rose 19%, suggesting that despite the macro-level decline, specific project catalysts continue to drive isolated pockets of growth.

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