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Bitcoin dips to $90k amid Trump‑Greenland spat

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Bitcoin slid to $90,916.8, a 1.8% drop, as traders fled speculative assets amid Trump’s looming Greenland dispute and a stalled U.S. crypto bill. Coinbase objected to several provisions, pushing lawmakers to delay the bill’s debate and adding uncertainty to the market in the global crypto scene today and investors remain.

Geopolitical jitters pushed investors toward safe‑haven gold, eroding confidence in digital currencies. A Coinglass report showed $260 million of long positions liquidated in 24 hours, following nearly $900 million earlier that week. The Coinbase Bitcoin Premium Index still records a discount in U.S. markets versus the global average for day and market.

Watch for Davos as Trump promises to discuss Greenland, potentially triggering tariffs on eight European nations. Progress on the regulatory bill will shape the sector’s future, while altcoins face pressure, with Ethereum and other tokens slipping below key support levels. Volatility remains high for the week for investors and analysts.