Crypto Daily
2026-01-29 18:46:42

Husky Inu AI (HINU) Completes Move To $0.00025932, Bitcoin (BTC) Slips Below $88,000 As Markets Remain Under Pressure, Fed Leaves Interest Rates Unchanged

Husky Inu AI (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.000 25833 to $0.00025932. The project’s pre-launch phase began on April 1, 2025, following the conclusion of the presale. Meanwhile, the cryptocurrency market continued its downtrend as major tokens traded in the red. Bitcoin (BTC) briefly crossed $90,000 on Wednesday but lost momentum after reaching $90,339 and fell to $87,677 before moving to its current level. Ethereum (ETH) followed a similar trajectory, briefly crossing $3,000 before dropping to its current level. Gains in AI, RWA assets, and CeFi were also short-lived as market sentiment remained in negative territory. Husky Inu AI (HINU) Reaches $0.00025932 Husky Inu AI (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00025636 to $0.00025735. The project’s much-talked-about pre-launch phase began on April 1, 2025, following the conclusion of its presale. The pre-launch allows the project to continue its fundraising efforts while empowering its growing community and existing token holders. It also helps the team to secure capital, fund platform improvements, undertake market initiatives, and support broader ecosystem expansion. Husky Inu AI’s official launch date is now under three months away. However, the team remains open to the possibility of an earlier or later launch, depending on market conditions. The team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third is scheduled for January 1, 2026. On the fundraising front, Husky Inu AI has raised $924,328 as of January 29, 2026. Markets Continue Downtrend The cryptocurrency market extended its downtrend as the gold and silver rallies continued to pull investors from Bitcoin and other digital assets. According to market watchers, the US Dollar’s recovery, combined with gold and silver’s staggering rally, has overshadowed the cryptocurrency market. Bitcoin (BTC) briefly reclaimed $90,000 on Wednesday, reaching an intraday high of $90,339 before dropping to $87,710. The flagship cryptocurrency is down over 1% in the past 24 hours, trading around $87,909. Meanwhile, Ethereum (ETH) crossed $3,000 and reached $3,039 on Wednesday before giving up its gains and dropping to $2,937. The altcoin is currently trading around $2,945, down nearly 2%. Ripple (XRP) is down over 2% around $1.87, while Solana (SOL) is down almost 3% at $123. Dogecoin (DOGE) is up over 3% while Cardano (ADA) is down 2% at $0.121. Chainlink (LINK), Stellar (XLM), Litecoin (LTC), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) have also registered heavy declines over the past 24 hours. Federal Reserve Keeps Interest Rates Unchanged The Federal Reserve kept interest rates unchanged on Wednesday, a decision that likely contributed to Bitcoin’s and the broader crypto market’s decline on Wednesday. The Fed stated that job numbers have remained low while inflation has been above acceptable limits. “Job gains have remained low, and the unemployment rate has shown some signs of stabilization. Inflation remains somewhat elevated.” However, Trump appointees Stephen Miran and Chris Waller dissented with the decision, preferring a 25 basis point rate cut. BTC remained pinned below $90,000 following the decision, which knocked the wind out of any expected recovery. Prediction markets had put the odds of a January rate cut at 40%, but hopes of a rate cut quickly faded, with markets pricing in no change to the rates at 99% heading into the meeting. Visit the following links for more information on Husky Inu: Website: Husky Inu Official Website Twitter: Husky Inu Twitter Telegram: Husky Inu Telegram Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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