CoinEx Research Publishes Crypto Market Report for January 2025
The cryptocurrency market was volatile in January 2025 due to political events, institutional players, and macroeconomic factors, according to the CoinEx Research report for January 2025, which was reviewed by the editors of Incrypted.
The experts emphasized that Bitcoin updated its historical maximum above $100,000, but altcoins experienced difficulties due to the liquidity leakage caused by tokens associated with Donald Trump.
Bitcoin opened the year at about $92,500 and closed the month near $102,000, demonstrating resilience despite the turbulent macroeconomic situation, the report says. Experts mentioned that the US Federal Reserve kept interest rates at 4.25%-4.50%, indicating a strong labor market and steady inflation. However, the Bank of Japan raised its policy rate from 0.25% to 0.50%.
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