Crypto Market Analysis!!!
As we have seen today and yesterday mostly alt coins and meme coins down very aggressively as aggressively they goes up now they goes down, the reason behid this downfall is just Earlier this week, bitcoin and ether surged on the back of growing market optimism for Donald Trump’s upcoming presidential inauguration, as seen in the rise in perpetual futures funding rates, according to analysts, however, Min Jung, an analyst of Presto Research, told The Block that broader markets, including stocks, are seen faltering amid macroeconomic concerns about sustained inflation.
Due to this inflation data NASDAQ & SEP also drop 1%, also this data shows that next FOMC meeting FED rate same as previous one due to high inflation rate and this news is not good for overall crypto market. 20th January, Trump held in white house and crypto market makes new ATH but before this bad news is fed rate same as previous one and that's why we have strong bloody market, many long tardes on line if btc reach at near 90k zone.
CME Group’s FedWatch Tool currently indicates a 95% chance that the Fed would keep the U.S. interest rate at 4.25% to 4.5% in their upcoming rate decision on Jan 29.
Looking ahead, Donald Trump’s upcoming inauguration on Jan. 20 is expected to cause market volatility as investors anticipate policy shifts, according to Lucas. “With a pro-crypto majority in Congress and key appointments like Scott Bessent as Treasury Secretary and Elon Musk as an advisor, the administration signals a significant pivot towards cryptocurrency,” Lucas said.
Investors are also awaiting key economic events later this month, including the release of FOMC minutes and non-farm payroll data later this week, as well as the CPI data release on Jan. 15, which will help them gauge risks related to monetary policy and inflation.
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