The markets breathed a sigh of relief on January 22 as US President Donald Trump called off tariffs regarding his Greenland claims.
While the S&P 500 saw substantial recovery, Bitcoin and ETH relief rallies remained somewhat muted.
As the crypto market news today leaned on the bullish side, traders are back in action, looking for the next big opportunity. DeepSnitch AI raised $1.3M in its presale, with many traders in its community seeing the gains as proof of the project’s longstanding 100x narrative.
As an AI project, DeepSnitch AI is also highlighted for its mass appeal, with expectations that its AI agent analytics suite will drastically simplify DYOR.
Tariff cooldown restores market sentiment
On January 21, US stocks and the crypto market regained momentum after President Donald Trump decided to shelve tariffs linked to the US’s Greenland ambitions.
Trump stated that a framework for a future deal on Greenland and the broader Arctic region had been established, calling it beneficial for the US and all NATO allies.
Moreover, the President also confirmed no tariffs would proceed on February 1 against eight European nations, including Denmark, the UK, and France, among others.
In addition to S&P climbing by 1.16%, major cryptos also perked up after the announcement, with Bitcoin shooting past $90K and Ether reclaiming its $3K support, according to CoinMarketCap.
Although volatility is still in the picture, the crypto market news today sparked hope that the long-awaited January rally may still happen.
Altcoins to watch in late January
1. DeepSnitch AI: Why is DSNT’s presale turning heads?
The crypto market news today mentioned a wider recovery after a tumultuous start to the trading week. The gradual stabilization drew renewed interest in new altcoins as traders expect to see sizable gains as the month comes to a close.
Snagging global crypto headlines multiple times in its presale cycle, DeepSnitch AI made news again after raising $1.30M at an affordable $0.03609 entry.
The main draw is the utility. The AI platform is powered by five AI agents and is designed to help traders navigate their day-to-day trades with more efficiency.
Not only is the tech able to spot breakout setups while flagging common risks like rug pulls, honeypots, and liquidity traps, but it can also predict sentiment shifts and FUD storms before they become a major issue.
The project is approaching its end-of-January launch. Because the utility provides the DSNT coin with mass adoption potential, the hype (and predictions for an astronomical pump) are ramping up as traders rush to reserve their spot in the DeepSnitch AI presale.
2. Monero: Will XMR regain its footing?
On January 21, XMR slipped to as low as $510, according to CoinMarketCap.
Despite many digital asset news outlets hoping for XMR to repeat ZEC’s Q4 performance, XMR closed below the 20-day EMA, which indicated that the near-term top was in play.
The sellers will likely attempt to tank the price to $417, which is a level where buyers are expected to step in.
While a relief rally is possible, especially if the geopolitical situation cools down, the 20-day EMA and $650 level will represent significant resistance.
3. Cardano: Is ADA about to nosedive?
According to CoinMarketCap, crypto market updates today surrounding the tariff ease helped ADA regain the $0.36 level.
However, ADA could turn down from its overhead resistance, which only increases the chances of a break below the $0.33 line. If this happens, Cardano is heading straight into the support line of the overwhelming descending channel.
Buyers will likely return at the $0.27, meaning that ADA could live to fight another day.
A bullish target of $0.50 is also in play if the price turns up and ADA closes above the downtrend line.
Final words: Make the recovery count
Crypto market news today was a godsend for traders who turned bearish as the January recovery lost steam a few weeks ago.
While majors are also preparing a potential run for asymmetric gains, you may need to look elsewhere unless you’re ready to part with a sizable sum of money.
DeepSnitch AI, with $1.30M raised ahead of its late-January launch, is looking like quite a ticker, especially if you’re looking for a unique combination of AI-powered utility, 100x gains projections, and heavy community conviction.
You can gain extra value by taking advantage of the newest presale codes.
Make the recovery rally count by reserving your allocations in the DeepSnitch AI presale. For the latest updates, feel free to rummage through X and Telegram.
FAQs:
1. What is the latest crypto market news today regarding?
Crypto markets rallied after Trump canceled tariffs tied to Greenland claims. DeepSnitch AI raised $1.3M in presale at $0.03609, fueling 100x launch hype, while XMR and ADA logged minor recoveries amid broader sentiment boost.
2. What is DeepSnitch AI, and why is its presale generating so much attention?
DeepSnitch AI is an AI-powered platform with agents for real-time trading analytics, risk detection (rug pulls, honeypots), sentiment prediction, and DYOR simplification. Its presale success and utility drive 100x expectations ahead of launch.
3. How did Trump’s decision on Greenland tariffs impact crypto market news today?
Trump shelved planned tariffs on European nations after establishing a Greenland/Arctic deal framework with NATO. This eased tensions, boosting the S&P 500 by 1.16% and helping Bitcoin exceed $90K, Ether held $3K, with altcoins like XMR and ADA recovering slightly.
