Bitcoin erases 2026 gains despite Trump’s bullish Davos remarks

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Bitcoin has turned negative for the year, sliding below $88,000 despite President Trump’s bullish speech at Davos. While Trump promises new crypto laws "very soon" and claims AI victory over China, macro fears and a Japanese bond crash are sending traders fleeing to gold. CoinDesk's Jennifer Sanasie breaks it down on "Chart of the Day," presented by Crypto.com. - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE