With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that crypto investors holding long positions prioritize downside protection and closely monitor institutional flows. After hotter-than-expected inflation data was released, Bitcoin experienced a 2% decline to levels below $95,000, highlighting the ongoing volatility and uncertainty within the cryptocurrency market.
Berlín, a city of 20,000 people, is home to El Salvador's second Bitcoin circular economy. “Bitcoin City already exists.
US inflation unexpectedly accelerated in January, driving both cryptocurrency and traditional markets sharply lower. The Consumer Price Index (CPI) rose by 0.5% month-over-month, surpassing forecasts of 0.3% and December's 0.4% increase. On an annual basis, CPI climbed 3.0%, compared to expectations of 2.9% and December's reading of 2.
The Bitcoin market continues to look very sideways overall, as the market doesn't really have any real fundamental reason for the next big move yet.
TL;DR According to Markus Thielen from 10x Research, if the US Consumer Price Index (CPI) falls below market expectations, Bitcoin could experience a significant surge. The decline in inflation observed in the Truflation Index suggests that prices may be dropping faster than anticipated.
Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.
Bitcoin legislation is advancing in US states, with proposals directing funds into reserves. As Matthew Sigel, Head of digital assets research at VanEck, reported, 20 of the almost 30 bills under review could drive up to $23 billion in buying, or approximately 247,000 BTC, if enacted.
The crypto market is facing a rough patch, with Bitcoin facing turbulent price action as global economic shifts and U.S. monetary policies create uncertainty across financial markets. Analysts suggest that a divide between institutional investors and retail traders is contributing to the recent volatility. Retail Panic vs.
Michael Saylor, co-founder and executive chairman of Bitcoin-oriented company Strategy (formerly known as MicroStrategy) has taken to social media to announce a major Bitcoin dip, which happened as BTC reacted to the fresh-released CPI annual rate for January.
Inflation has come slightly above expectations for January at 3%, when analysts were hoping it stays still at 2.9%, same as for December.
The crypto ecosystem is constantly evolving, marked by cycles of euphoria and correction. In recent months, the excitement for memecoins, these highly speculative assets, seemed to indicate a new wave of transient exuberance.
Bitcoin dropped as it became clear that inflation was worse than expected in January.
Elon Musk has backed bitcoin hero Ron Paul for Fed chair—author of 2009 book End The Fed
The Japanese company Metaplanet, known as the "Asian MicroStrategy"—now simply "Strategy"—has seen a staggering four thousand and eight hundred percent surge in its stock price over the past year, following a Bitcoin (BTC) accumulation strategy. As of January 28, 2025, Metaplanet holds one thousand seven hundred and sixty-two BTC worth approximately $171 million and plans to increase its holdings to 21,000 BTC by the end of 2026.
Bitcoin has experienced a challenging period recently, with its price consistently declining over the past several days. After failing to maintain its position above the six-figure mark, the leading cryptocurrency now trades below $97,000.
Over the past few days, the price of Bitcoin has been falling because it hasn't attracted enough buyers around the $98,000 mark. As a result, sellers have been consolidating the price around $95,000.
Bitcoin stands poised to breakout from the current consolidation range on looming CPI data. The crypto market is closely watching today's release of the January consumer price index by the U.S.
Global liquidity should climb into the rest of this year, as central banks are forced to print more currency in order to service debts. This should mean that asset prices have the potential to go much higher.
BTC slipped below $95,000 immediately after the news broke.
Some of the industry's leading innovators, including Adam Back, say that Bitcoin's “floor price” is above $40,000.
Both the headline and core rates of inflation rose faster than expected in January.
Bitcoin's "smart money" investor cohort must keep its nerve if BTC price downside sees a retest of range lows.
Bitcoin sellers are facing challenges in breaking below the crucial 100-day moving average at $96K, resulting in a phase of market indecision. This line remains a key battleground between bulls and bears, as price action around this threshold is expected to dictate the next major trend.
This effort is part of Avalon Labs' strategy to expand its Bitcoin lending business in the US and provide broader access to crypto for retail investors. The post Avalon Labs Considers First Bitcoin-Backed Debt Public Fund, Targeting Retail Investors appeared first on Cryptonews.
Federal Reserve (Fed) Chair Jerome Powell said the US won't roll out a CBDC (Central Bank Digital Currency) so long as he's in charge. Crypto advocates exhaled in relief.
Bitcoin's price remains volatile as institutional investors accumulate while retail traders remain bearish amid wider market uncertainty.
As we look to 2025, the question is no longer if tokenization will transform financial markets but how deeply it will change the global economy
In a major boost for the crypto industry, Oklahoma's State Commission has voted to advance its plans for a strategic Bitcoin reserve in the state. This means even more bullish times ahead for cryptocurrencies, as more US states rush to embrace Bitcoin.
El Salvador's attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in a blog post.
Bitcoin ETFs faced a net outflow of $56.76 million, while ether ETFs enjoyed a net inflow of $12.57 million, highlighting divergent investor sentiments. Bitcoin ETFs See $56.76 Million Outflow With Ether ETFs Attracting $12.58 Million Inflow The daily trading action of crypto exchange-traded funds (ETFs) on Tuesday, Feb.
It's difficult to find many assets that have performed as well as Bitcoin (BTC -1.58%). In the past five- and 10-year periods, the world's top digital asset has rocketed 840% and 44,020% higher, respectively, even though it trades about 12% below its peak of $109,000 reached in late January (as of Feb. 11).
Goldman Sachs increased their Bitcoin and Ethereum ETF stack. The institution is improving its accessibility to cryptocurrency products.
Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.
Avalon Labs is expanding its efforts to bring Bitcoin-backed financial products to both crypto enthusiasts and mainstream users.
Bitcoin could reach $1.5 million by 2030, says ARK Invest CEO Cathie Wood, citing rising institutional adoption and growing demand for BTC as an asset class.
Altcoin losses remain large in percentage terms but are not as extreme as prior crashes like the Great Miner Migration.
Goldman Sachs investment bank significantly strengthened its presence in the crypto market in the fourth quarter of 2024, with a dramatic increase in its investments in Bitcoin and Ethereum ETFs. This is a surprising development for a bank that had recently shown a critical stance on cryptocurrencies.
Bitcoin's short-term rally potential strengthens as net taker volume turns positive, liquidations drop, and key metrics align.
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Bitcoin (BTC) remains trapped in a tight range between $90,000 and $110,000, struggling to break past key resistance levels as investors wait for fresh inflation data. The upcoming US Consumer Price Index (CPI) release could determine whether Bitcoin finds renewed momentum or remains stuck in its current consolidation phase.
According to BlackRock, Bitcoin has now transitioned into a “risk off” asset. This positions it as a viable global monetary alternative.
Bitcoin (BTC) traders are closely monitoring market movements, as well-known cryptocurrency analyst "DonAlt" shared insights into the current price range and potential breakout scenarios. At present, Bitcoin is trading between $95,000 and $99,000, maintaining a defined range.
The GMCI data suggests that the meme coin rally has cooled off, though meme coins still have a strong lead over Bitcoin and Ethereum.
The January CPI figures are due out later in the day on Wednesday. CPI is forecast to be slightly down, while Core CPI is forecast to come in slightly up.
Some physical limits of the precious metal are causing its cost to increase regardless of the demand/supply ratio.
Bitcoin's bullish momentum continues to capture market attention, with the cryptocurrency moving closer to the $100,000 mark once again. As of the latest data, Bitcoin (BTC) was trading at $98,215.61, showing a modest 0.42% increase in the past 24 hours.
Goldman Sachs boosts Bitcoin and Ethereum investments, signaling rising institutional demand and shifting market dynamics.