Major cryptocurrencies traded lower on January 20 amid renewed market pressure linked to Donald Trump’s tariff turmoil. Bitcoin fell 2% to $91,100, while Ethereum declined 4% to $3,105 and Solana dropped 3% to $129. XRP was down 2% at $1.93. Among leading movers, CC gained 12%, MYX rose 5% and SYRUP advanced 4%. Bitcoin exchange-traded funds recorded $394 million in net outflows on Friday, ending a four-day streak of inflows, while Ethereum ETFs posted $4.7 million in inflows. The broader meme-coin market also weakened, with Dogecoin, Shiba Inu, TRUMP and Bonk each down 1%, PEPE off 2%, and PENGU, SPX and Fartcoin declining 4%, 12% and 8%, respectively. Elsewhere, the NYSE began preparing for 24/7 tokenized stock and ETF trading. Steak ’n Shake disclosed approximately $10 million in Bitcoin exposure and plans for a corporate BTC strategic reserve.
