Odaily Planet Daily News: Bitwise released the macro investor report for Bitcoin in January 2025, indicating that the cryptocurrency market is facing macroeconomic headwinds, including profit-taking, reduced institutional exposure, and a tightening financial environment driven by dollar appreciation and Federal Reserve policy adjustments. Despite ongoing on-chain support, there is still pressure on Bitcoin and altcoins. Although short-term risks remain, long-term bullish factors such as Bitcoin halving and potential strategic reserves support forecasts for a significant price increase, with expectations that Bitcoin's performance in 2025 and beyond will surpass that of traditional assets. The Federal Reserve's December meeting saw a 25 basis point rate cut, but hinted that future rates may be higher than expected. The decline in global liquidity and the strengthening dollar put pressure on Bitcoin, whose performance is correlated with traditional markets like the S&P 500. On the on-chain side, although some activities have cooled, key indicators such as reduced exchange balances and increased hash rates suggest that Bitcoin will continue to show resilience. (etc-group)

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