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news-imageJanuary 12, 2025

US CPI Inflation & PPI Data In Focus; Will It Impact BTC & Altcoins Rally?

The financial market has gone through a topsy-turvy scenario lately, with soaring macroeconomic concerns weighing on the investors' sentiment. Notably, recent economic indicators like the US Job data and Fed officials' hawkish remarks have fueled concerns among traders.
Publisher: Coingape
Sentiment: Negative
BTC

More News Articles

Positive
cover-imageThe Currency Analytics
January 12, 2025

The Future of Bitcoin: Trump's Strategic Reserve Plan Explained

The Bitcoin community is abuzz with speculation about former President Donald Trump's potential plans to integrate Bitcoin into U.S. national reserves. As the possibility of a pro-crypto administration looms, questions arise about the feasibility, benefits, and risks of establishing a Bitcoin Strategic Reserve.

Neutral
cover-imageThe Currency Analytics
January 12, 2025

Ethereum Price Outlook for Q1: ETH/BTC Ratio Insights

Ethereum (ETH) has shown impressive momentum heading into 2025, with long-term holders (LTH) becoming more bullish than their Bitcoin (BTC) counterparts. However, despite recent positive sentiment, Ethereum's price performance has lagged behind Bitcoin, with some market indicators suggesting that a shift could be on the horizon.

Positive
cover-imageTokenpost
January 12, 2025

North Dakota Considers Bitcoin Investments to Hedge Against Inflation

North Dakota is exploring the possibility of including Bitcoin and other digital assets in its state balance sheets. On Friday, the North Dakota State Legislature introduced Resolution 3001, which seeks to diversify state investments into digital assets and precious metals to mitigate the impact of inflation on public finances.

Negative
cover-imageNewsBTC
January 12, 2025

US Adds 256,000 Jobs In December – Implications For Bitcoin?

Bitcoin (BTC) remains the center of investors' attention and concern especially following the latest nonfarm payrolls data from the US Bureau Of Labor Statistics (BLS). While the general market sentiment remains bullish, recent developments in the US economy indicate that macroeconomic factors may be against the premier cryptocurrency in 2025.

Positive
cover-imageBitcoinist
January 12, 2025

Could Germany's Bitcoin Push Set A New Standard In Digital Currency?

German policymakers are ramping up their efforts to integrate the blockchain and Bitcoin into its financial system. In a recent Blockchain Roundtable hosted by Fraktion der Freien Demokraten and Frank Schäffler, parliament members and resource persons explored a few key proposals that can help the government achieve its objective.

Positive
cover-imageBitcoinist
January 11, 2025

New Investors Hold 50% Of Bitcoin Wealth – Data Shows Strong Demand Absorbing Sell-Side Pressure

Bitcoin and the broader cryptocurrency market have experienced volatile and unpredictable price action recently, with sentiment largely dominated by fear and uncertainty. Despite the turbulence, Bitcoin has managed to hold above the critical $92,000 demand level, offering some reassurance to investors about its resilience in the current market climate.

Negative
cover-imageThe Currency Analytics
January 11, 2025

Bitcoin Price Drops Below $95K Amid Record ETF Outflows and Potential Silk Road Bitcoin Sale

Bitcoin (BTC) experienced a sharp decline in price this week, dropping below the $95,000 mark after briefly surpassing $100,000. The price correction comes amid a combination of market events, including substantial outflows from Bitcoin exchange-traded funds (ETFs) and news that the U.S. government may soon sell seized Bitcoin from the infamous Silk Road marketplace.

Positive
cover-imageCointribune
January 11, 2025

Bitcoin ETF Boom : A Historic Shift In Finance

The history of financial markets is marked by breakthroughs, those moments when an asset or an innovation disrupts established rules. 2024 will be remembered as the year when Bitcoin definitively crossed a milestone with the rise of spot ETFs.

Positive
cover-imageCoinPedia
January 11, 2025

El Salvador Sees Tourism Boom Amid Bitcoin Adoption

As per a recent report, El Salvador has witnessed a boom in tourism amid its Bitcoin adoption as a legal tender. As per a report from Santander, shared by El Salvador President Nayib Bukele, the country welcomed 3.9 million tourists in 2024, which was a 22% increase from the previous year.

Positive
cover-imageThe Currency Analytics
January 11, 2025

Peter Brandt: Bitcoin Slump Could Be a Bear Trap, $135K Price Ahead

Veteran market trader Peter Brandt has weighed in on Bitcoin's recent turbulence, suggesting that the ongoing price slump could be a bear trap rather than a clear indication of prolonged bearishness. This analysis comes as Bitcoin faces a notable drop in value, fueling mixed opinions about its future.

Negative
cover-imageCointribune
January 11, 2025

Bitcoin Faces Resistance : What's Driving This Correction?

Bitcoin is facing a new setback, shaken by a market that is reevaluating its expectations. Indeed, the publication of a solid economic report in the United States has strengthened the dollar, which reduces the likelihood of an imminent interest rate cut by the Federal Reserve.

Positive
cover-imageNewsBTC
January 11, 2025

Bitcoin To Challenge Gold: Expert Sees US Taking The Lead

Matthew Sigel, Head of Digital Assets Research at VanEck, has recently made comments regarding the potential of Bitcoin to become a global monetary standard, similar to gold, which have sparked controversy. This viewpoint is gathering momentum, particularly as the debate regarding a US Strategic Bitcoin Reserve intensifies.

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