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Cryptocurrency News Articles
ay experience a wave of buying before and after the event.output: title: The Gradual Recovery of the Cryptocurrency Market in the New Year of 2025
Jan 08, 2025 at 07:06 am
At the beginning of the new year 2025, the market seems to have started a gradual price recovery amidst the volatile decline.
coins may continue to trade in a narrow range before the inauguration.
Crypto Dog said that after Trump takes office, the cryptocurrency market may usher in a period of rapid上涨, and institutions and pension funds will enter the market on a large scale. He also said that the price of Bitcoin may rise to $120,000 in the first quarter.
However, he pointed out that the market may experience a wave of profit-taking around January 15, which could lead to a pullback in the cryptocurrency market. He added that the market may bottom out around January 18, before which traders should "sell profits in time and stop profits during the trading period."
CryptoSlate founder: The bear market is over, but the bull market may not last long
In a recent analysis, CryptoSlate founder and veteran cryptocurrency trader Ryan Selkis said that the bear market in cryptocurrencies is over, but the bull market may not last long.
Selkis said that the bear market in cryptocurrencies ended on December 28 last year, when the total market capitalization of cryptocurrencies fell below $1.3 trillion and Bitcoin fell below $89,000. He pointed out that the bear market lasted for 220 days, during which the total market value of cryptocurrencies fell by 50%, while Bitcoin fell by 40%.
He added that the bear market ended earlier than expected and was driven by several factors, including the collapse of the FTX exchange, the arrest of its founder Sam Bankman-Fried, and the subsequent investigation by the US Department of Justice. He also said that the bear market was exacerbated by the macroeconomic downturn in the United States, which led to rising unemployment and inflation.
However, Selkis said that the bull market in cryptocurrencies may not last long and could end in the second quarter of 2025. He pointed out that the bull market is usually driven by institutional capital and that institutions may withdraw their capital from cryptocurrencies in the second quarter. He also said that the bull market could be hampered by regulatory pressures and macroeconomic headwinds.output: Original|Odaily Planet Daily
Author: Wenser
At the beginning of the new year 2025, the market seems to have started a gradual price recovery amidst the volatile decline.
Around 10 am today, the price of BTC once rose above $99,000 and is currently around $98,800; ETH rebounded from around $3,300 on January 1 to above $3,600; SOL also gradually rebounded from around $180 on January 1 to above $210. As the date of Trump's inauguration as the US president approaches, market sentiment is gradually warming up. Odaily Planet Daily will summarize the recent market views in this article for readers' reference.
Buying continues: Buying funds at the national, institutional and corporate levels have long existed
The price recovery is naturally inseparable from the influx of buying. After experiencing the "Christmas shock", the New Year's buying power now seems to still exist for a long time and become increasingly strong.
Data: Bitcoin spot ETF historical cumulative net inflow has reached 35.909 billion US dollars
According to SoSoValue data, as of January 3, the total net asset value of the Bitcoin spot ETF was $111.46 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) was 5.72%, and the historical cumulative net inflow reached $35.91 billion; the total net asset value of the Ethereum spot ETF was $13.03 billion, the ETF net asset ratio (market value as a percentage of the total market value of Ethereum) was 3%, and the historical cumulative net inflow reached $2.64 billion.
In addition, the institutional report also showed confidence in the continued net inflow of funds into Bitcoin spot ETF and Ethereum spot ETF in 2025.
Steno Research: Bitcoin and Ethereum ETFs are expected to have net inflows of $48 billion and $28.5 billion respectively in 2025; BTC rises to a minimum of $150,000
In a recent report, Steno Research said that its bullish forecasts for BTC and ETH prices reflect "an unprecedented favorable regulatory environment for cryptocurrencies, a supportive macroeconomic environment marked by falling interest rates and improved liquidity, and Bitcoin's historically strong performance after the halving."
It also said, “In addition, institutional adoption is expected to reach unprecedented levels, and the massive inflow of funds into US Bitcoin and Ethereum ETFs will further drive this trend.”
Steno expects BTC and ETH ETFs to see net inflows of $48 billion and $28.5 billion, respectively, in 2025. In addition, the report said that DApp TVL is
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