Crypto Slips as Gold Gains Amid Rate Pause Bets

The ongoing divergence in price performance between precious metals and digital currencies persisted, even as global markets grappled with another day marked by geopolitical tensions and concerns over monetary policy. In the last 24 hours, Bitcoin has seen a decline of nearly one percent, while gold futures have experienced an increase of approximately a quarter percent overnight. Robust economic signals worldwide have tempered anticipations for additional monetary easing from central banks. The Federal Reserve and Bank of Canada are set to announce their interest rate decisions on January 28, with subsequent announcements expected from the Reserve Bank of Australia, Bank of England, and the European Central Bank in the first week of February. Market sentiment regarding interest rates from the Fed strongly indicates a pause on January 28. Reports indicates that the probability of a Fed rate cut in the upcoming review stands at a mere 2.8 percent. Just a day ago, it stood at 4.4 percent. The overall crypto market capitalization stands at $3.01 trillion, reflecting a decrease of 0.84 percent overnight. In a notable market movement, 37 of the top 100 cryptocurrencies are experiencing overnight gains exceeding one percent. Simultaneously, 15 of the top 100 cryptocurrencies are experiencing overnight gains exceeding one percent. Bitcoin has experienced a 0.9 percent drop over the last 24 hours, currently trading at $89,140.66. The current price sits approximately 29 percent beneath the all-time high of $126,198.07, which was reached on October 7, 2025. The original cryptocurrency has experienced a decline of 6.6 percent over the past week, yet it maintains year-to-date gains of 1.9 percent. The trading activity over the past 24 hours fluctuated between $90,220.10 and $88,438.45.

In contrast, February gold futures are presently priced at $4,924.14 per troy ounce, reflecting a 0.22 percent increase over the last 24 hours. Earlier in the day’s trade, prices reached an all-time high of $4,969.69. Gold futures set for February delivery are currently experiencing year-to-date gains of 12.2 percent. Silver has surged 26.76 percent year-to-date, while platinum has experienced a remarkable rally of 32.8 percent so far in 2026. Despite a decrease in scale, the crypto markets experienced outflows from Bitcoin and Ethereum Spot ETF products in the U.S. on Thursday as well. On Thursday, Bitcoin Spot ETF products in the U.S. experienced outflows totaling $32 million, a notable decrease compared to the $709 million that flowed out on Wednesday and the $480 million on Tuesday. The iShares Bitcoin Trust ETF experienced significant outflows, totaling $22 million.

Ethereum has experienced a decline of 1.5 percent overnight, now trading at $2,938.30. The top alternative cryptocurrency is currently trading at a staggering 41 percent below its all-time high of $4,953.73, which was reached on August 25, 2025. The trading over the past 24 hours fluctuated between $3,003.49 and $2,905.56. On Thursday, Ethereum Spot ETF products in the U.S. experienced net outflows totaling $42 million, a notable decline compared to $287 million on Wednesday and $230 million on Tuesday. The iShares Ethereum Trust ETF experienced significant net outflows, totaling $44 million. BNB, currently holding the 4th rank, experienced a decline of 0.59 percent overnight, bringing its price down to $887.37. BNB is currently trading at a level that is 35 percent below its all-time high of $1,370.55, which was reached on October 13, 2025. XRP, currently holding the 5th rank, experienced a decline of 1.7 percent overnight, bringing its trading price to $1.91. This positions it approximately 50 percent below its all-time high of $3.84, which was reached on January 4, 2018. The price of 7th ranked Solana saw a decline of 1.8 percent overnight, settling at $127.50. SOL is currently trading approximately 57 percent lower than its all-time high of $294.33, which was reached on January 19, 2025. TRON, now positioned 8th overall, saw a 2.5 percent increase overnight and is currently trading at $0.3067.

The trading price currently sits at 30 percent below the cryptocurrency’s all-time high of $0.4407, which was recorded on December 4, 2024. Dogecoin, currently sitting at the 9th rank, experienced a decline of 0.5 percent overnight, with its trading price at $0.1251. DOGE is currently trading at a staggering 83 percent below its previous peak of $0.7376, which was reached on May 8, 2021. Cardano, currently sitting at the 10th rank, experienced a decline of 1.1 percent overnight, bringing its trading price to $0.3597. ADA is presently trading 88 percent below its all-time high of $3.10, which was reached on September 2, 2021. LayerZero, currently sitting at the 81st rank, led the overnight gains among the top 100 cryptocurrencies, achieving a remarkable increase of 12.7 percent. 68th ranked Dash experienced an overnight surge, posting gains of 9.4 percent. Story, ranked 73rd, managed to recover from overnight losses, leading the top 100 cryptocurrencies despite a decline of 8.1 percent. 70th ranked Pump.fun experienced overnight losses nearing 6 percent.