Bitcoin is currently trading below 91,000 USD as inflation concerns loom and the US dollar strengthens. In a notable move, MicroStrategy has invested an additional 243 million USD in BTC, indicating bullish sentiments despite market volatility.

The consolidation of BTC below the 20-day EMA indicates possible price stagnation. As BTC dominance grows, XRP is performing well, attracting attention from investors. Notably, two US states are eyeing increased BTC reserves, hinting at potential regulatory support.

Criticism regarding cryptocurrency restrictions has been voiced by FDIC officials. Moreover, FTX plans to repay creditors post January 20, while new regulations targeting digital wallets are being proposed by the CFPB.