Bitcoin rebounds above $90,000 on Jan. 21 as Trump shelves Feb. 1 tariff plan tied to Greenland

On Jan. 21, Bitcoin bounced back above $90,000 after briefly touching $87,304 earlier in the session, following Donald Trump's announcement that tariffs planned for Feb. 1 would not go ahead. The move coincided with a sharp rotation out of gold and silver and triggered over $1 billion in liquidations across crypto derivatives, highlighting Bitcoin's sensitivity to macro headlines and heavy leveraged positioning.