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07/01/26 03:17 UTC-04

Bitcoin price today: drop to $92.7K amid geopolitics

Cryptocurrency Cryptocurrency
Cryptocurrency Bitcoin price today: drop to $92.7K amid geopolitics

Bitcoin fell on Wednesday after a brief rebound in the prior session, as increased geopolitical uncertainty and caution ahead of key U.S. economic data weighed on risk appetite in the broader markets.

Crypto markets found limited support from MSCI’s decision not to exclude companies with crypto treasury assets from its indices.

Strategy Inc (NASDAQ:MSTR), the world’s largest corporate Bitcoin treasury, rose on Tuesday following the MSCI news. However, the stock rally failed to spill over into crypto prices, which remained in a narrow range after a moderately positive start to the year.

Bitcoin fell 1.1% to $92,543.7 by 05:58 GMT.

Risk appetite remained subdued amid elevated geopolitical tensions worldwide, as a diplomatic conflict between China and Japan intensified, while markets awaited further clarity on U.S. plans toward Venezuela.

Caution ahead of key U.S. economic readings this week also kept traders on edge.

MSCI abandons digital treasury exclusion plan; Strategy shares rise

MSCI said on Tuesday that it will not exclude companies with digital treasury assets, such as Strategy, from its indices.

The index operator added that it will conduct a broader review on how non-operating companies – that is, firms without established sources of income – will be considered for inclusion in its indices.

This decision means Strategy will remain in global MSCI indices for now. Shares of the Bitcoin treasury stock rose 6% in after-hours trading on Tuesday.

However, Strategy slipped 4.1% in the main session after the company disclosed an unrealized loss of $17.44 billion on its digital assets in the fourth quarter of 2025.

Strategy’s share price also halved through 2025 amid a prolonged drop in Bitcoin prices and investor concerns over the long-term prospects of buying Bitcoin using borrowed funds.

Crypto prices today: altcoins waver amid geopolitical, macro risks

Broader crypto prices moved in a flat-to-low range on Wednesday as risk appetite remained subdued.

U.S. President Donald Trump said Venezuela will supply between 30 to 50 million barrels of oil to the country, sparking increased volatility in oil markets. The U.S. capture of Venezuelan President Nicolas Maduro shook global markets earlier this week.

Markets also remained cautious ahead of key U.S. economic data due this week, with nonfarm payrolls data on Friday in sharp focus.

While crypto markets showed some strength at the start of the year, they returned to a subdued trading range this week amid a lack of clear positive cues.

The world’s second-largest cryptocurrency, Ether, rose 0.4% to $3,252.96. XRP gave back part of Tuesday’s rally, falling nearly 5%.

Solana and Cardano fell 0.2% and 2.7%, respectively, while BNB added 0.6%.

Among meme tokens, Dogecoin dropped 1.9%, and $TRUMP slipped 1.6%.

See also: "XRP rose 12% and reached the highest level since mid-November"

#Bitcoin (BTC) #Price drop

Editor: Alyona Nabok
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