Agency: CPI data and before Trump’s inauguration, Bitcoin still remains below $100,000
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2025-01-15 19:02 8,494
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Golden Finance reports that Bitcoin prices rose slightly today, but are still below $100,000 after falling back from last month’s record high. Standard Chartered analyst Geoffrey Kendrick said in a report: "Caution may be the best option for digital assets over the next week or so." He said tonight's U.S. inflation data may be stronger than expected Increased stickiness and high expectations for crypto-positive news following Trump’s January 20 presidential inauguration pose significant macroeconomic risks. He said that if Bitcoin falls below $90,000, it could reach $80,000, but that would be an "excellent mid-term buying opportunity." Standard Chartered expects Bitcoin to hit $200,000 by the end of 2025 due to Trump’s pro-crypto stance.