⚡ Volatility Strikes as Bitcoin Drops 7% to $95K Amid $700M Liquidations
Bitcoin has tumbled back into five-figure territory, hitting an intraday low of $95,164 during early trading hours in Asia on Wednesday, according to CoinGecko. The drop marked a 6% decline within 12 hours, erasing much of the asset’s recent gains. Just a day earlier, on January 7, Bitcoin had climbed to $102,000, a 10% weekly increase. However, the current sell-off has wiped out those advances. Despite this setback, BTC continues to trade within the range it has been stuck in since mid-December
🚨🚀BREAKING: Ripple CEO Brad Garlinghouse Meets President-elect Trump
Ripple’s CEO, Brad Garlinghouse, along with the company’s Chief Legal Officer, Stuart Alderoty, recently met with U.S. President-elect Donald Trump at Mar-a-Lago. Garlinghouse shared a photo of the gathering on social media, describing the event as a promising “kickoff to 2025.”
This meeting highlights Ripple’s growing emphasis on its U.S. operations. Garlinghouse revealed that 75% of Ripple’s current job openings are based in the United States—a notable shift from previous years, during which the majority of hiring took place internationally. Moreover, Ripple has closed more U.S.-focused deals in the six weeks following the 2024 election than in the preceding six months, signaling a strategic pivot toward the domestic market.
Garlinghouse expressed optimism about the potential for cryptocurrency growth under the Trump administration, referring to a “Trump bull market” and pointing to the “Trump effect” as a positive catalyst for the crypto industry.
For additional insights into Garlinghouse’s views on what the Trump presidency could mean for cryptocurrency, check out his latest interview.#TrumpBTCBoomOrBust #Trump2024
🚨 Altseason Delayed & Market Crash Explained: What You Must Know in 2025! 🚨
Hey, crypto enthusiasts! 🌐✨ If you’ve been eagerly anticipating an altseason to kick off 2025, I’ve got some hard truths for you. The market is unpredictable, and we’re currently facing a storm of volatility instead of the long-awaited altcoin rally. As always, I’ve been urging you to stay cautious and manage your expectations. Let’s dive into the reality of the crypto market right now and what it means for you.
The crypto world is buzzing, and for good reason—the recent dip isn’t just about internal dynamics. 📉 It’s tied to a bigger storm brewing in the global financial markets, sparked by the S&P 500’s downturn. 🌐
When traditional markets like the S&P falter, the ripple effects are inevitable. Investors, gripped by fear, trigger sell-offs not just in stocks but also in digital assets, creating a synchronized tumble across the board. While crypto’s fundamentals remain rock solid, this market-wide panic highlights how interconnected financial ecosystems have become.
💡 Takeaway: Crypto isn’t as isolated as many think. A drop in major indices now shakes the entire financial world, proving that digital assets are deeply tied to macroeconomic trends.
But don’t lose sight of the big picture. 🌟 Crypto’s potential isn’t going anywhere. This storm will pass, and those who stay the course will be best positioned for the recovery. 🚀
It’s a marathon, not a sprint—stay informed, stay patient, and stay focused. The next crypto wave is coming, and it’s only a matter of time. 🌊