Geopolitical turbulence has once again captured attention, with Donald Trump focusing on Canada in his recent statements. Meanwhile, the financial world is eagerly awaiting the Federal Reserve’s imminent decision on interest rates. With robust employment data, a surprisingly strong GDP growth rate, and ongoing inflation concerns, many speculate that rates will stay put. How will these dynamics influence the cryptocurrency landscape?
What’s Driving Bitcoin’s Course?
CryptoQuant’s Ki Young Ju recently observed a trend reminiscent of 2022, suggesting that loss-induced sell-offs mark the onset of a bearish market phase according to a 30-day data cycle. Following CEO Ki Young Ju’s sell cue, Bitcoin fell below 88,500 before recovering above 90,000, thanks to positive movements in NVIDIA’s stock. The cryptocurrency sector continues to experience rapid changes, including leveraged funds reducing their short positions in Bitcoin futures.
Trump’s remarks hint at unresolved geopolitical issues, implying continued discussions on tariffs. He took to his Truth Social platform with a bold statement:
“Canada opposes the Golden Dome over Greenland, yet it would protect Canada. Instead, they’ve chosen to deal with China, which will ‘devour’ them in the first year!”
Upcoming events include the interest rate decision, followed by a related Supreme Court ruling on February 20. Earlier, the suspension of EU-US tariffs at Davos underscored Trump’s agreement with NATO. As these agendas unfold, the cryptocurrency market remains challenging and is exhausting for many investors. Though forecasting is difficult, history might suggest a less severe fall for cryptocurrencies than in 2022, unless there’s a delay in QE from the Federal Reserve, as traditionalists anticipate.
Who’s Behind Major Bitcoin Moves?
The accompanying data illustrates the recent buying activities by key institutional investors and reserve organizations. After a slowdown towards the end of 2025, purchasing picked up speed in January, spearheaded by Strategy’s efforts.
JA_Maartun reported a noteworthy movement:
“A $20 Billion BTC Transfer Occurred in One Block. 224,248.67 BTC moved in a single block—a rare, substantial transaction. Key addresses include: bc1qjasf…a4 and bc1qd4y…zr. This likely represents a UTXO consolidation by Tether/Bitfinex, though there are whispers about a $20 billion inflow linked to a $500 billion valuation.”
However, not all news is positive. GameStop, which had previously accumulated Bitcoin with much anticipation, has reportedly shifted all its holdings to Coinbase Prime, possibly preparing for liquidation. Having acquired 4,710 BTC in May 2025 at around $107.9k (approximately $504 million), selling now at approximately $90.8k could mean a loss nearing $76 million.
These developments provide insights into current market dynamics:
- Significant institutional movements are observable, indicative of market sentiment shifts.
- Rumors of substantial transactions could impact Bitcoin’s valuation.
- Potential losses by major holders like GameStop highlight market volatility.
As the financial and geopolitical landscapes evolve, the future of cryptocurrencies remains on uncertain ground. Yet, these insights might offer traders and investors a pivotal lens through which to view forthcoming trends.
