Issue # 6 | January 19, 2026
Early Recovery Signals Amid Geopolitical Tensions
Welcome to Crypto Pulse
Happy new year and welcome to the January 2026 edition of Anbruggen Capital Crypto Pulse.
Bitcoin is trading around $93,000 as of writing, reflecting continued consolidation following the volatility from late 2025. Ethereum remains near $3,200, while the total crypto market capitalization stands around $3.11 trillion, showing stability despite recent downward pressure from global trade tensions.
The Federal Reserve is expected to hold rates steady at 3.50%–3.75% following its December cut, with projections indicating no immediate easing in January and potentially only one cut later in 2026. Short-term volatility has increased due to U.S. tariff threats on European goods, sparking risk-off sentiment across markets, but global liquidity trends remain supportive, with M2 supply approaching $98 trillion.
This issue reviews recent developments, macro drivers, and updates our chartbook. Contact us at [email protected] to discuss positioning for the year ahead.
Latest News
Fed expected to hold rates steady in upcoming meeting
- The December jobs report showed that hiring in 2025 slowed to levels not seen since the pandemic. But the monthly total came in close to economists’ expectations and the unemployment rate ticked down. That was enough to convince investors with near certainty that the Fed would hold rates steady at its January 27-28 meeting, according to futures. Wall Street now doesn’t expect a rate cut until June.
Our Take: The pause provides a measured environment for risk assets, including crypto. While near-term cuts are unlikely, resumed Treasury activities and global central bank coordination suggest liquidity expansion could resume
Strategy Buys $1.25 Billion in Bitcoin in Largest Purchase Since July
- Strategy has bought nearly 15,000 BTC so far this year, pushing its stash to about 687,000 BTC as Saylor signals more purchases may be coming.
Our Take: Saylor continues to prove that Strategy has multiple levers left to pull to continue their aggressive accumulation of BTC. These purchases underpin confidence in BTC and may be supportive for the prices of both BTC and MSTR.
Tom Lee’s BMNR invests in Mr. Beast
- BitMine is backing the platform’s broader vision to offer on-chain financial products, including DeFi integrations tied to BitMine’s Ethereum treasury and MrBeast’s massive user base (200M+ subscribers).
Our Take: This investment potentially underscores Ethereum's growing integration with mainstream media and finance, possibly driving broader adoption through innovative use cases. It signals confidence in Ethereum as infrastructure for real-world applications, though execution risks and details of the new partnership need ongoing evaluation.
Global Macro View
Geopolitical tensions, including U.S. tariff proposals on European nations tied to Greenland disputes, have triggered risk-off moves, pressuring equities and crypto alike. Crypto's downside correlation with broader markets has heightened, exacerbating drawdowns from tariff fears and leverage adjustments.
However, global M2 liquidity near $98 trillion, driven by steady central bank policies, sets a constructive stage for crypto this 2026. Historical data indicates Bitcoin often outperforms during liquidity upcycles, and with ETF inflows and institutional infrastructure maturing, the medium-term outlook remains positive amid the short-term volatility.
Crypto Spotlight
MONERO 
Monero (XMR) has broken out of a bullish, multi-year, upward triangle pattern. Privacy coins have recently been getting a lot of attention, and this move by XMR might be proving that there’s demand for such assets. This chart highlight does not constitute investment advice. Privacy coins remain questionable from a regulatory perspective.
Chartbook
Bitcoin (BTC)
Bitcoin is holding above its 100-wk moving average. Maintaining this range will be important for BTC to reclaim the 50-wk MA. Doing so will signal that the uptrend is intact and higher prices are to be expected if it happens.
Ethereum (ETH)
Ethereum continues to trade in a indecisive range. Trading above $3500 will be important as that will signal the formation of a new potential uptrend.
Looking Ahead
Geopolitical risks may prolong volatility towards the end of January, but supportive global liquidity, positive regulatory development, and ongoing institutional accumulation offer a favorable medium-term backdrop. We remain cautiously optimistic on Bitcoin and select altcoins for 2026. Reach out at [email protected] to know more about our positioning.
Disclaimer: Investing in cryptocurrencies involves significant risk. Past performance does not guarantee future results. Consult a financial advisor before making investment decisions.