The U.S. Federal Reserve injected $29.4 billion into the banking system to ease liquidity concerns, potentially supporting risk assets like $BTC, though it doesn’t indicate impending quantitative easing. #Update #Crypto $BTC
Fundstrat’s Tom Lee highlights a “most hated” stock rally, with the S&P 500 up 17% from lows, while Bitcoin’s peak above $111,000 signals market strength. #Update #Finance (+3) ↗
@JPMorgan warns US stocks are overvalued amid recession risks, supported by Paul Tudor Jones’ bearish outlook on market lows due to tariffs and Fed policy. #Update #Finance @JPMorgan (-6) ↘
DailyHodl: The altcoin market cap drops $234B as $BTC outperforms, with Bitcoin dominance rising to 61.18%, highlighting a significant divergence. #Update #Crypto $BTC (-7) ↘
DailyHodl: Crypto analyst @rektcapital suggests the $425 billion resistance for altcoin market cap may soon break, indicating potential recovery. Bitcoin expected to trade sideways. #Update #Crypto $BTC (+3) ↗
DailyHodl: Michaël van de Poppe predicts altcoin market cap could reach $2.8 trillion by 2025, with $BTC poised for a potential 10% rise this month. #Update #Crypto $BTC (+4) ↗
Markets expect no change in the federal funds rate at the upcoming Federal Open Market Committee (FOMC) meeting on Jan. 29, 2025, with an 88% probability according to the Fedwatch Tool. • #Update • #Finance • @FederalReserve • (+3)
