Volatility may be cooled in the crypto market, but there may be occasional dips before Bitcoin According to BRN analysts, it will beat $90,000 again.
The world’s largest cryptocurrency has been relatively flat in the last 24 hours, hovering around $85,000 at the time of writing.
The BTC has proven sensitive to the uncertainty surrounding Trump’s tariffs, warning that the World Trade Organization could serve as a “brake of global growth.”
Federal Reserve Chairman Jerome Powell has also been accused of being too slow to respond, with the US Central Bank still reluctant to cut interest rates.
This led Trump to raise his ante by declaring that “Powell’s end will not be quick enough.” And the cost of borrowing should have been reduced long ago.
The Fed operates independently of the government, but the US president recently signed an executive order designed to have a great influence on the administration.
The European Central Bank cut its third major interest rate this Thursday, but the Fed’s final cuts came back in December.
BRN analyst Valentin Fourner noted that the market expects four US interest rate cuts in 2025, but the probability of three has increased to 48%.
With notes you can see in Decryptionhe writes: “Bitcoin’s advantage continues to rise, suggesting that altcoins may continue to perform poorly in the short term.”
Because Fourners are currently overweight in macroresilience, neutral solana with “rebound potential” and neutral ethers may benefit from deep discounted levels currently trading.
meanwhile Bitcoin It has decreased by 9.3% since the beginning of the year. Ethereum Prices increased by 52%.
The broader challenge for the crypto market is about the lack of positive catalysts that could increase purchasing pressure and squeeze supply.
However, as it could prove to be a significant development, Binance says it is advising several countries on how to establish strategic Bitcoin reserves.
CEO Richard Teng said Financial Times Trump’s decision to create a stockpile of digital assets has spurred other countries to explore similar policies.
Edited by Stacy Elliott.
