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news-imageFebruary 12, 2025

Bitcoin, XRP, Dogecoin Decline 2% On Hotter-Than-Expected Inflation Print

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.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

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Negative
cover-imageBenzinga
February 12, 2025

Bitcoin Sees 'Short Term Volatility' After Inflation Data, Altseason Remains Distant

Bitcoin (CRYPTO: BTC) and the broader crypto market briefly dipped in mid-day trading, reflecting worries over accelerating inflation. What Happened: Crypto analyst Ali Martinez commented “not good” on the unexpectedly high inflation numbers as analyst Kevin pointed out that headline inflation above 3% is a bearish signal and reinforces the idea that altseason is still far off.

Negative
cover-imageCoinPedia
February 12, 2025

Trump Trades Russian Bitcoin Fraudster Vinnik for Marc Fogel

In a recent development, as per a recent Newyork post, President Trump facilitated a prisoner swap, where Russian prisoner Alexander Vinnik was exchanged for American teacher Marc Fogel. Vinnik had been arrested in 2017 in Greece and was later sent to the US and France to face charges related to fraud and money laundering.

Negative
cover-imageThe Currency Analytics
February 12, 2025

Bitcoin Price Faces Pressure from Powell's Fed Outlook

Bitcoin (BTC) experienced a sharp stall at the $98,000 mark and dropped to $95,000 after Federal Reserve Chairman Jerome Powell delivered a hawkish outlook on the future of interest rate cuts. Powell, during his semi-annual testimony to Congress on February 12th, stated that the Federal Reserve was “not in a hurry to change its policy stance” and emphasized that the current monetary policy was less restrictive than before.

Negative
cover-imageBitcoin
February 12, 2025

Bitcoin Slips Below $96K as Inflation Concerns Rattle Markets

Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.

Neutral
cover-imageCoingape
February 12, 2025

When Will The US SEC Approve The XRP ETFs?

The cryptocurrency market is bracing for a potential breakthrough as speculation builds over the US Securities and Exchange Commission's approval of XRP ETFs. Though the SEC's next move is unclear, experts believe that a major announcement is imminent.

Positive
cover-imageCoinPedia
February 12, 2025

XRP's Next Big Move? Levels to Watch for 30% Rally

In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be consolidating within a tight range between $2.31 and $2.53 over the past few days. This consolidation serves as a crucial support level, reinforced by XRP's ascending trendline since late November 2024.

Neutral
cover-imageBenzinga
February 12, 2025

Bitcoin, Meme Coins Dominate Crypto, But Other Projects Suffer, Analyst Says

Cryptocurrency analyst Benjamin Cowen highlights a growing imbalance in the market: capital is pouring into Bitcoin (CRYPTO: BTC) and meme coins, while other crypto projects struggle for attention. What Happened: In a podcast on Feb 11, Cowen highlights Bitcoin dominance has surged from 38-39% to 64%, which he calls a sign of the market "healing itself.

Positive
cover-imageCrypto Economy
February 12, 2025

Avalon Labs Plans to Launch First-Ever Bitcoin-Backed Debt Fund in the US

TL;DR Avalon Labs is considering launching a Bitcoin-backed public debt fund in the US under the SEC's Regulation A exemption. The company already offers products such as the USDa stablecoin, BTC-backed loans, and a crypto-linked credit card. In December, it raised $10 million in funding to expand its decentralized finance ecosystem on Bitcoin.

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