Bitcoin pulls back to $95,000 as geopolitical risks and policy uncertainties dampen investment enthusiasm

Source: DecenterKorea Original Title: Bitcoin at $95,000 Correction…Market Uncertainty Dampens Investment Sentiment [Decenter Market Overview] Original Link: https://www.decenter.kr/NewsView/2K7BPB1K88/GZ03

Market Status

As of 8:00 AM on January 16, Bitcoin(BTC) recorded 14,083,300,000 KRW on domestic exchanges, down 0.82% compared to 24 hours ago. Globally, BTC is quoted at $95,531.93, down 1.34%; Ethereum(ETH) decreased by 1.34% to $3,307.39; Ripple(XRP) fell 2.83% to $2.075; Binance Coin(BNB) dropped 1.4% to $931.65.

The domestic market also shows signs of correction. BTC decreased 0.82% to 14,083,300,000 KRW, ETH fell 0.61% to 4,875,000 KRW, and XRP declined 2.36% to 3,057 KRW.

Market Factors Analysis

Geopolitical Risk Escalation

Market sentiment remains cautious, mainly due to increasing geopolitical risks. U.S. President Trump hinted at possible retaliatory actions against anti-government protests in Iran, causing market tension. Iran, a major oil producer with over 3 million barrels per day, controls strategic points in global oil transportation, and changes in its situation have far-reaching impacts on global financial markets.

Delay in U.S. Market Structure Bill Processing

The U.S. Senate Banking Committee’s scheduled discussion on the Market Structure Bill(, commonly known as the “Clear Law”), was postponed. A leading compliance platform withdrew support for the bill, further undermining investor confidence.

Investment Psychology Analysis

Cryptocurrency media pointed out that BTC has yet to fully prove its role as a reliable hedge asset during economic turmoil. Despite rising stock and precious metal prices, individual investors remain concerned that the crypto market could face the greatest impact during a recession.

The fear and greed index published by a crypto data analysis firm rose 13 points from the previous day to 61, indicating a “greedy” state. The closer the index is to 0, the more investor sentiment is shrinking; the closer to 100, the more overheated the market is.