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Bitcoin

Bitcoin Held $100,000

1 Feb 2025by CryptoJazz Admin1 min read1 views
Bitcoin Held $100,000

🟠The beginning of the week was challenging for the crypto market, but Bitcoin (BTC) remained above $100,000, testing $105,000. Panic reduced the level of “greed,” while 97% of BTC holders stayed in profit. Ether (ETH) showed weak correlation with Bitcoin, making it less attractive to short-term traders.

🟠The Federal Reserve kept interest rates unchanged despite 3.2% inflation and rising bond yields. The U.S. economy continues to show resilience, allowing the regulator to hold off on easing monetary policy.

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