$BTC
As of January 28, 2025, Bitcoin is trading at approximately $102,378. After reaching an all-time high of $109,225 on January 20, its price dipped below $98,000 on January 27 before experiencing a slight recovery. (MarketWatch)
This recent volatility is attributed to profit-taking by investors ahead of the Federal Open Market Committee (FOMC) meeting scheduled for January 28–29. Additionally, expectations that the U.S. Federal Reserve will maintain higher interest rates for an extended period have contributed to the price correction. (MarketWatch)
Despite recent fluctuations, analysts remain optimistic about Bitcoin’s long-term outlook. Some predict that if major investment funds allocate 2%–5% of their portfolios to Bitcoin, its price could see significant growth. (MarketWatch)
However, macroeconomic factors such as monetary policy and global market volatility continue to influence Bitcoin’s value.