January 27 News: Bitcoin, Ethereum, and Solana prices edged higher, with market sentiment turning cautious as investors focus on the Federal Reserve's latest interest rate decision, earnings reports from major US tech companies, and the US dollar trend. During Wednesday's Asian session, Bitcoin fluctuated between $88,800 and $89,000, slightly rebounding after early-week volatility. Ethereum rose about 2% on the day, hovering below the $3,000 mark. Solana and other mainstream tokens also saw moderate gains, but overall, there is still no clear direction.
The stable performance of the crypto market contrasts with the strong momentum of global risk assets. Major Asian stock indices hit record highs, US stock futures continued to rise, and the S&P 500 previously reached a new closing high. Tech stocks continue to lead, with market optimism about capital expenditure related to artificial intelligence, while several US tech giants are about to release earnings reports, serving as an important window to assess the strength of this round of stock market rally.