Gate Daily (January 22): Trump temporarily suspends Liran tariff plan; MicroStrategy trading volume surpasses 700,000 BTC

Bitcoin (BTC) experienced a sharp rebound after a deep decline, temporarily reported at around $89,950 on January 22. Trump announced a framework agreement on Greenland and Arctic regions, delaying the tariff measures set for February 1. MicroStrategy’s trading volume surpassed 700,000 Bitcoins, with a total transaction value of $2.13 billion.

Macro Events & Crypto Hotspots

1. MicroStrategy (MSTR), a Bitcoin asset management company, invested $2.13 billion to purchase 22,305 Bitcoins from January 12 to 19, bringing its total holdings to 709,715 Bitcoins, with an average purchase price of $75,979 per Bitcoin. These Bitcoins are currently valued at over $63 billion, accounting for about 3.5% of the circulating supply, and have generated nearly $10 billion in unrealized gains. Despite MicroStrategy’s large purchase of over 37,000 Bitcoins in January, Bitcoin’s price still fell below $89,000, and MicroStrategy’s stock price also dropped by 6% to 7%, causing some observers to feel puzzled, while others praised the company’s Bitcoin reduction.

2. U.S. President Trump announced a framework agreement on Greenland and Arctic issues, temporarily postponing the tariff measures scheduled for February 1. Trump stated that he had discussed Greenland and broader Arctic issues with NATO Secretary General Mark Rutte, forming a preliminary framework for future agreements. Based on this development, the tariffs originally set to take effect on February 1 will be temporarily halted. Parties will also continue negotiations regarding the “Golden Dome” project involving Greenland.

News Highlights

1. F/m Investments applies to the SEC for a tokenized equity pilot program.

2. Uniswap launches Continuous Clearing Auction (CCA), now deployed on the Base chain.

3. BitMine repurchased 34,954 ETH within two hours, worth over $100 million.

4. OpenAI seeks support from Middle Eastern investors, planning to raise over $50 billion with a valuation reaching $830 billion.

5. Whale 0xfb7 repurchased an additional 10,000 ETH and transferred or continued to accumulate.

6. Apple plans to introduce Siri chatbot in iOS 27, possibly adopting a free + subscription model.

7. Farcaster founding team exits; Neynar officially takes over the protocol and applications.

8. Huang Licheng has lost $4.16 million this week, with total profit and loss reaching -$25 million.

Market Trends

1. Latest Bitcoin news: $BTC experienced a sharp rebound after a deep decline, temporarily reported at around $89,950, with $229 million in liquidation over the past 24 hours, mainly short liquidations.

2. U.S. stocks staged a dramatic rebound on January 21. President Trump announced at the Davos World Economic Forum that an agreement framework on Greenland had been reached and threatened to withdraw tariffs on Europe, clearing market pessimism. A single sentence “The framework is set” on Truth Social instantly reversed the market’s “sell US” trades that had swept Tuesday. The Dow Jones Industrial Average surged 588.64 points, up 1.2%, closing at 49,077.23. The S&P 500 rose 78.76 points, up 1.2%, closing at 6,875.62, the largest single-day gain since November. Energy stocks hit a new high, while small-cap stocks set the longest winning streak since 2008. The tech-heavy Nasdaq Composite increased 270.50 points, up 1.2%, closing at 23,224.83. The market’s “fear index” VIX fell below 17, reflecting eased concerns about a full-scale trade war.

(Source: Gate)

3. According to Gate BTC/USDT liquidation map, with the current price at 89,935.20 USDT, if it drops to around 89,216 USD, the total long liquidation amount exceeds $131 million; if it rises to around 90,985 USD, the total short liquidation amount exceeds $420 million. Short liquidations are significantly higher than longs, so it is advisable to control leverage ratios reasonably to avoid triggering large-scale liquidations during market fluctuations.

(Source: Coinglass)

4. In the past 24 hours, BTC spot inflow was $2.83 billion, outflow was $2.87 billion, with a net outflow of $0.4 billion.

(Source: Coinglass)

5. In the past 24 hours, contracts such as $RIVER, $ADA, $FHE, $1000PEPE, $ZEC have led net outflows, presenting trading opportunities.

X KOL Selected Opinions

Phyrex Ni (@Phyrex_Ni): “Honestly, I didn’t expect this. Today’s operation shocked me. I really didn’t think that just three days of persistence would make Trump face-slap himself if he doesn’t get Greenland. The shift from tough stance on Europe to TACO in just three days, although it relieved market panic, is a slap in Trump’s face. I thought TACO might happen, but I didn’t expect it so quickly. Looks like the decline in U.S. stocks forced Trump to find a way out.”

“The market has ended the farce and returned to the main line. The most important issues now are the legality of Trump’s IEEPA tariffs and the Federal Reserve’s monetary policy. However, Trump hasn’t announced a Federal Reserve chair candidate yet, and is still talking nonsense, having said last year that the decision was made, but now he’s still thinking.”

“Some partners are worried that the Bank of Japan might continue to raise interest rates in the next two days, affecting risk markets. Indeed, Japan’s long-term interest rates have risen again recently, but from various signs, the probability of the Bank of Japan raising rates in January is low, though maintaining a hawkish stance is very likely. Japan’s interest rate may stay around 1% or above throughout 2026. No need to worry for now.”

“Looking at Bitcoin data, after avoiding Greenland tariffs, changes should start to decrease. But it’s also clear that the turnover rate on Wednesday began to decline, which is because, without worse negative news, investors are gradually turning calm. Overall market sentiment remains quite stable. Half of this week has passed, and the next two days are likely to be correction days. Trump probably won’t have major moves.”

“The current Bitcoin chip structure is still healthy, so I bought the dip to see short-term opportunities. No clear target yet, just holding to see. The current bottoming position isn’t perfect, so I will wait a bit longer.”

Today’s Preview

1. UK January CBI Retail Sales Expectations Index, previous value -57

2. US Q3 Personal Consumption Expenditures Price Index Final (annualized quarterly rate), previous 2.8%

3. US Q3 Real GDP Final (annualized quarterly rate), previous 4.3%

4. US Weekly Initial Jobless Claims (thousands) (as of 0112), previous 198

5. US November Personal Consumption Expenditures (billion USD), previous 651

6. US November Personal Income (monthly rate)

7. US November Personal Consumption Expenditures Price Index (monthly rate), previous 0.3%

8. US November Personal Consumption Expenditures (monthly rate), previous 0.4%

9. European Central Bank December Monetary Policy Meeting Minutes