2026-01-19 13:25:44

Bitcoin's climb toward $98K ran into significant headwinds this week. Traders rushed to lock in gains as profit-taking kicked in, while fresh macro concerns—particularly mounting tariff reports—weighed on sentiment. The pullback reflects the classic pattern: euphoria meets reality, and risk-off positioning takes over. In this environment, alternative assets are carving out their own paths. FHE surged 27.20% as institutional interest in privacy solutions gained traction, while XMR climbed 8.60%, suggesting renewed appetite for monero amid broader crypto volatility. For traders watching the wider market, these divergences hint at where capital might flow next. When BTC consolidates, altcoins with solid fundamentals often outperform.

FHE17,51%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
8
Repost
Share

Comment

0/400

DegenRecoveryGroup

· 7h ago

Brothers, when BTC can't go up, they switch to privacy coins. This trick is too familiar now.

View OriginalReply0

SelfCustodyIssues

· 11h ago

It's the same old trick again—run when BTC surges high. This time, the news about tariffs caused a direct dump. Privacy coins suddenly took off; it seems institutions are quietly positioning themselves. Once BTC consolidates, coins with strong fundamentals will still rebound.

View OriginalReply0

quietly_staking

· 11h ago

It's the same old trick again. As Bitcoin approaches 100,000, they start to run away, a classic move by institutions to trap retail investors.

View OriginalReply0

LoneValidator

· 11h ago

Bitcoin is about to break 98k, and now it's starting to pull back? This is the crypto world—it's always like this... But look at FHE and XMR skyrocketing; the story of privacy coins isn't over yet.

View OriginalReply0

BuyTheTop

· 11h ago

Oh no, they're starting to cut the leeks again, my FOMO is acting up BTC can't break 98K, it's so annoying. This time I have to buy the dip Is privacy coin taking off? FHE 27%? Damn, why didn't I get in Wait, when Bitcoin drops, that's when altcoins have a chance. I bet XMR will keep soaring This market really tests mental resilience, whether to cut losses or hold on... The key still depends on macro factors, tariffs and that mess are messing with us again If I had known, I wouldn't have chased the high. Now I'm trapped Once Bitcoin consolidates, airdrop coins might turn around

View OriginalReply0

GasWaster

· 11h ago

Same old story, it rises to 98K and then has to be sold off. This wave of chopping the leeks is really comfortable.

View OriginalReply0

StableGeniusDegen

· 11h ago

It's the same old story again, BTC surges high then pulls back, and this time there's also the tariff issue... FHE and XMR are jumping around there, interesting—privacy coins are making a comeback? Actually, when funds are looking for direction, no one dares to go all-in during BTC's fluctuations. Wait, can this time really break through 98K, or is it just another scythe? People chasing quick profits should cash out. Let's see if we continue to watch.

View OriginalReply0

FunGibleTom

· 12h ago

The pump reaches 98K before they start taking profits, this trick is so familiar Altcoins are instead skyrocketing, indicating institutions are quietly reallocating their positions FHE and XMR are both taking off, privacy coins are really stepping up this time When BTC is consolidating, you should be watching smaller coins, don't just hold onto Bitcoin everyone The key is to wait for the main cryptocurrencies to pull back, then it's the time to jump into smaller coins

View OriginalReply0