Bitcoin Maintains $90K Despite Rising Global Tensions, Morgan Stanley Enters Crypto ETF Race: Weekly Recap

The first full week of 2026 has been quite eventful, but BTC and crypto have never faltered.

It was last week when the whole cryptocurrency market seemed dull, probably because of the Holiday season. However, that all began to change on Saturday morning when the US successfully invaded Venezuela and kidnapped its president and his wife before taking them to New York to face local justice.

BTC had recovered the $90,000 level at that time, but uncertainty about the attack pushed it south to $89,300. When the US confirmed the strikes and Trump made controversial statements about the future of Venezuela, bitcoin actually rose and increased above $ 90,000.

Its gains continued in the first few days of the business week. In fact, it rose to just under $95,000 on Tuesday morning, which was its highest price in nearly two months. However, the bears stopped moving and did not allow another run-up.

On the contrary; BTC started losing value in the following days. It dipped below $89,500 yesterday, but was able to rebound by two grand almost immediately. It is now trading above 90,000 cents, but more volatility is expected later today when the US Supreme Court is expected to announce its decision on Trump’s tariffs.

At the moment, bitcoin is trading with a small weekly increase of 1.2%, but its dominance over the alts has fallen below 57% as several of them have performed better during the same period. Ripple’s XRP is among those, charting an 11% surge despite being set at $2.40 earlier this week. Other notable gainers include SOL, ADA, XMR, XLM, DOGE, and BCH from large caps.

Market Data

Market cap: $3.180T | 24H Volume: $108B | BTC dominance: 56.8%

BTC: $90,400 (+1.2%) | ETH: $3,090 (+1.4%) | XRP: $2.10 (+10.8%)

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This Week’s Crypto Topics You Can’t Miss

Truebit Loses $26.5M Billion in Biggest DeFi Move of 2026. Hackers are back soon after the Holiday season, and Truebit Protocol is the first big victim of the new year. Recent reports have shown that the stage was spent with more than 26 million dollars in ETH.

Spot XRP ETFs’ Record Green Streak Ends As Ripple Price Drops 13% In Days. After nearly two months of only green days, five XRP ETFs saw their end, leaving more than $40 million in cash on Wednesday. However, Thursday was also green, although in a low way of $ 8 million.

Why Bitcoin’s Recent Recovery Is Called ‘Structurally Organized’. Although it has lost most of its newly regained value, BTC is still trading above $90,000 despite global tensions. Therefore, analysts say that this return of more than $ 90,000 is “healthy.”

Arthur Hayes: Low Oil Prices May Start a Bitcoin Bull Run. Given Trump’s promises to put Venezuela’s vast oil reserves up for sale around the world, hopes rose that the price of the commodity would drop significantly in the coming months. Arthur Hayes explained that this could be very beneficial for BTC.

Institutional Acquisition: Morgan Stanley Submits SEC Filings for BTC and SOL Funds. Perhaps the most notable piece of news regarding global institutional acquisitions this week comes from US multi-billion dollar bank Morgan Stanley, which has filed paperwork with the SEC to launch a BTC and SOL ETF. The next day, it also invested in ETH ETFs.

Bitcoin (BTC) Mining Is Not the Climate Villain Many Think It Is: Says ESG Expert. Critics of Bitcoin have long argued that the mining process is harming the planet. However, an ESG expert said this may not be the case, adding that BTC mining is much cleaner than people believe it to be.

Charts

This week, we have chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for a complete price analysis.