Bitcoin Rebounds Toward $90,000 as Markets Await Trump’s Davos Speech

Bitcoin and major altcoins showed early signs of stabilization on Wednesday following a sharp, macro-driven selloff, with BTC rebounding toward the $90,000 level as traders turned their focus to U.S. President Donald Trump’s upcoming appearance at the World Economic Forum in Davos.

The partial recovery in crypto markets coincided with easing pressure in global bond markets and a modest rebound in U.S. equity futures, suggesting a pause in the broader risk-off sentiment that dominated markets earlier in the week.

Crypto Markets Steady After Risk-Off Selloff

Bitcoin was trading near $89,600 during early hours, largely unchanged on the day but well above Tuesday’s lows. Ether posted a mild rebound after sliding more than 4% in the previous session, while Solana, Cardano, and XRP also pared earlier losses.

The stabilization comes after crypto assets were swept up in a broader market selloff, as investors reduced exposure to high-volatility assets amid rising macro uncertainty.

Bonds and Equities Offer Temporary Relief

Market sentiment improved as stress in global bond markets began to ease. Japanese government bonds rebounded following a steep selloff earlier in the week, with yields on ultra-long-dated debt falling sharply after officials urged calm.

At the same time, U.S. equity futures edged higher, signaling a break from the panic-driven trading that had rattled global markets.

Trump’s Davos Appearance Keeps Macro Risks in Focus

Traders remain cautious ahead of President Trump’s first appearance at the World Economic Forum since 2020, where he is scheduled to deliver a special address and meet with European leaders.

Uncertainty remains elevated due to Trump’s renewed tariff threats toward Europe, tied to his controversial push for greater U.S. control over Greenland. These geopolitical risks, combined with the recent spike in bond yields, were key catalysts behind the earlier shift from risk-taking to capital preservation.

Stabilization, Not Yet a Risk-On Signal

While gold and silver continue to trade at record highs, highlighting ongoing defensive positioning among investors, the easing in bonds and equities has allowed crypto markets to regain some breathing room.

For now, analysts view the move higher as stabilization following forced selling, rather than a clear return to bullish risk appetite. Markets remain highly sensitive to macro developments, with traders watching closely to see whether global pressures continue to fade — or resurface.