Bitcoin Tests $90,000, Yet Downside Protection Stays Bid Into Fed and Funding Risk

Bitcoin price briefly tested $90,000 on Wednesday, extending a rebound from last week’s sharp sell-off. It comes ahead of the Federal Open Market Committee (FOMC) rate decision later today. However, analysts warn that the move offers relief rather than resolution as crypto markets brace for a dense cluster of US macro and policy risks. Bitcoin Tests $90,000 but Macro and Policy Headwinds Keep Downside Risks in Play According to QCP Capital’s January 28 Market Colour, Bitcoin’s recovery has eased immediate liquidation pressure without removing the structural forces keeping downside protection firmly bid source: https://beincrypto.com/bitcoin-surges-fed-fiscal-showdown-2026/