Bitcoin crashes below 92K: US and European trade risks drag down the crypto market, why is the decline greater than other risk assets

ForkMonger · 2026-01-19T02:56:12+00:00

On January 19th, Bitcoin and Ethereum experienced a significant decline, dropping below $92,000, with market liquidations exceeding $750 million. Analysts believe that concerns over the US and EU trade war have affected market sentiment, leading to a weak performance in the crypto market. Investors are more inclined towards other risk assets, and positive signals are needed to rekindle market confidence.

ForkMonger

2026-01-19 02:56:12

Abstract generation in progress

【Blockchain Rhythm】The sudden drop in the early morning caught many traders off guard. On January 19th, Bitcoin and Ethereum both plummeted collectively, with Bitcoin briefly breaking below the $92,000 mark, experiencing a single-session decline of over 3%. The bulls suffered significant losses, with liquidations exceeding $750 million within just 4 hours.

Market analysis points to a common trigger—the potential escalation of trade tensions between the US and the EU. Concerns over a trade war stirred by tariffs directly impacted the already fragile market sentiment.

Interestingly, behind this decline lies a deeper issue. Some analysts note that the performance of the crypto market starkly contrasts with overall risk assets—KOSPI (Korea Composite Stock Price Index) remained stable or even rose during the same period. While most risk assets moved against the trend, the crypto sector clearly lagged behind.

This indicates that simply blaming macroeconomic factors is not enough. The inherent weakness of the crypto market itself seems to warrant more attention. Currently, investors prefer to allocate funds to other risk assets, and enthusiasm for crypto assets has noticeably cooled. In this context, more positive signals are needed to stop the decline and reignite market expectations.

BTC-2,74%

ETH-3,58%

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Lonely_Validator

· 3h ago

7.5 billion liquidation? This is the real cut of the leeks. Trade war is just a trade war, why only target our crypto? --- Again trapped in the middle of the night, now it's all good. US and Europe are fighting, and we are the ones paying the bill. --- KOSPI has risen while we are still falling, indicating this is not so simple. --- Those who don't sleep at dawn are dead, I’ll just cut my losses and run. --- Three percentage points? Laughable. Leverage traders' bankruptcy list grows longer tonight. --- Trade war? Wake up, everyone. This is just institutions shaking the market; we are just the bagholders. --- It's already fallen so much, and some still call for bottom fishing. I really can't believe it. --- Korean stock market has stabilized while we fall behind, indicating funds are really fleeing into crypto. --- Only after breaking 92k did I realize something was wrong, but it’s too late. --- No matter how much macro factors are blamed, it’s useless. Anyway, I got caught in it. --- A 3-point drop in an hour, this decline is serious. --- The scapegoat for the trade war is us, forever the gods.

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CryptoCrazyGF

· 3h ago

75 million liquidation? This move is too fierce, the bulls are really getting beaten up. --- As soon as the trade war started, the crypto world was crying and shouting. Why are other assets fine? --- Breaking 92K was truly unexpected; I almost got caught and wiped out this morning. --- Why is KOSPI still rising while the crypto market is falling? This logic doesn't add up. --- It's always the US and Europe fighting, and the crypto market bears the brunt. It's really annoying every time. --- Who wasn't cut during that dip in the early morning? Anyone claiming to be unaffected is just bragging. --- Feeling numb to the 75 million liquidation figure—has this become the norm? --- I've heard the tariff war reason ten times already. Could crypto really just be a weather vane? --- Breaking below 92K reminded me of the previous drop below 80K. This coin is really a bit annoying. --- Other risk assets are holding steady, but why are we bleeding out here? I just don't get it.

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FrogInTheWell

· 3h ago

Here we go again? 750 million liquidation, hilarious. This time it looks like someone is dumping the market. --- Trade war? Come on, stop blaming others. The stock market is steady, why is the crypto circle so fragile? --- Did it break 92K? It should have fallen earlier, should have cooled down. --- This is the real truth. It's not macro issues, we messed it up ourselves. --- The midnight crash was really pointless. Leverage traders are about to show another liquidation performance. --- Compared to KOSPI, it still rose. Is the crypto circle really at this level? --- 750 million? Can we have a bigger one next time to wash out this bubble? --- Tariff risks are nonsense. It's obviously the whales cutting the leeks, okay? --- I just want to ask, when will it go back up, friends? --- Dropout +1. We really need to reflect.

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