$BTC Bitcoin topped $100K for the first time in 2025, then plummeted amid mixed economic reports, volatile ETF flows, and a potential Silk Road sale.

It was all going so well.

Bitcoiners were feeling the euphoria Monday when the biggest digital coin was trading above $100,000 per coin for the first time so far in 2025, at one point touching a high of $102,290, according to CoinGecko. 

But then America’s central bank had to do what it always does: remind markets that it still runs the show. The Federal Reserve on Wednesday released its December meeting minutes, showing that its members were likely to pause on cutting interest rates in 2025 over concerns about sticky inflation brought about by the incoming Trump administration.