On January 12, the price hovered around $94,405, with a fear and greed index of 62.
In the global asset rankings, Bitcoin remains in seventh place. Trading volume and daily active addresses have decreased, but the total market capitalization still stands at $1.87 trillion.
El Salvador has reached a cloud service agreement with Rumble, while institutions like BlackRock, MicroStrategy, and Fidelity are buying Bitcoin in large quantities. Israeli company Steakholder Foods has also approved Bitcoin purchases.
Next week, the U.S. will release several key data points, including PPI, CPI, and retail sales data, making market fluctuations inevitable.