Bitcoin's value continues to show immense fluctuations with sharp rises, followed closely by plunges. A leak revealing an upcoming 'game-changer' by Trump suggests an estimated price of $100 Trillion, sending Bitcoin surging. Individual states like
Oklahoma are considering bills for Bitcoin reserves, reflecting a growing interest in cryptocurrency at policy levels.
Despite the temporary peaks,
JPMorgan CEO, Jamie Dimon, labels it as a Ponzi Scheme, sparking ire from the industry. Critical phases of Ripple's legal battles coincide with Bitcoin reaching significant price points like $97K. MicroStrategy again purchases a significant amount of Bitcoins, solidifying its stance on the crypto.
Oklahoma proposes a new reserve policy expanding its association with Bitcoins. An inflow of Bitcoin under Trump's reign sparks a new price target of $249K BTC for 2025. This development significantly differentiates from J.P. Morgan's CEO's stance, creating a divide in the financial sector on the value of Bitcoin. A court order directs the return of ninety-five thousand stolen Bitcoins to Bitfinex.
Unexpected slowdowns in inflation boost Bitcoin's value with forecasts at 2.9%. Bitcoin’s future hangs in the balance with trading outcomes dependent on macro-driven sell-offs and a looming U.S. inflation report.
BTC News Analytics from Fri, 10 Jan 2025 10:48:00 GMT to Wed, 15 Jan 2025 22:11:13 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -6
