PANews reported on January 1 that according to The block, K33 Research reported that despite the global de-risking that led to a decline in the stock market, Bitcoin has risen slightly in the past day, and its 30-day Nasdaq correlation has climbed above 0.50. Analysts said that the December FOMC meeting was seen as the main catalyst for the decline in risky assets, and the Federal Reserve lowered its forecast for the number of rate cuts in 2025 from four to two. Analysts said that despite the decline in global stock indices, Bitcoin remained above $95,000 as the market processed the Federal Open Market Committee (FOMC) meeting on December 18, where Federal Reserve Chairman Jerome Powell said the pace of monetary easing would slow in 2025.
K33 Research: Bitcoin is unaffected by stock market declines as global markets digest the Fed’s pessimistic forecast of a 2025 rate cut
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Korea Exchange Chairman Interested in Launching Cryptocurrency ETF This Year
- 2025-01-03
The US Bitcoin ETF had a net outflow of 2,329 BTC today, and the Ethereum ETF had a net outflow of 14,924 ETH
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Grayscale transfers 700 Bitcoins to an unmarked address
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MARA mined 890 BTC in December, and the company's current Bitcoin reserves are 44,893
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Analysis: The average purchase price of Bitcoin in 2024 is $65,901, with an unrealized profit margin of about 40%
- 2025-01-03
Tesla will release its 2024 Q4 and full-year financial report on January 30