Trump at Davos backs crypto law on Wednesday; Bitcoin nears $90k after $87,000 low

On Wednesday at the WEF in Davos, President Donald Trump said he aims to sign crypto market structure legislation "very soon" and vowed the US would be the "crypto capital," lifting risk assets. Bitcoin rose over 2%, moving back toward $90k after a $87,000 low, while tariff timelines for Feb 1 and June 1 kept macro tensions elevated.