Experts discuss recent price pump, possible Bitcoin rally to $25K, SEC Commissioner’s lessons, hodler data, and altcoin insights.
This week on The Market Report, the resident experts at Cointelegraph discussed the reasons behind the recent price pump in the market and the possibility of Bitcoin (BTC) reaching $25,000. The show began with the latest news in the markets, such as the 11% rally between Jan. 20 and Jan. 21 that brought demand from Asia-based retail investors. U.S. Federal Reserve Governor Christopher Waller reinforced the market expectation of a 25 basis point interest rate increase in February.
SEC commissioner Hester Peirce reminded industry players of ‘the point of crypto’ as the market aimed for recovery. She said that after a terrible year, both the crypto space and regulators need to remember what crypto is really about. Data from a key stablecoin premium indicator showed that hodlers were not selling BTC, signaling strength and conviction across the crypto space.
The show also included a segment called “Quick Crypto Tips” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip was about cryptocurrency copy trading. Market expert Marcel Pechman examined the Bitcoin and Ether (ETH) markets and provided an outlook for the next few months.
Lastly, the show featured insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Our analysts used Cointelegraph Markets Pro to identify two altcoins that stood out this week. Viewers had a chance to win a one-month subscription to Markets Pro worth $100 by asking questions in the YouTube chat room. The Market Report streams live every Tuesday at 12:00 pm ET (5:00 pm UTC).
The recent price pump in the crypto market has been a cause for celebration for many investors. This week on The Market Report, the resident experts at Cointelegraph discussed the real reasons behind the surge and the possibility of Bitcoin (BTC) reaching $25,000. Data from a key stablecoin premium indicator showed that hodlers were not selling BTC, signaling strength and conviction across the crypto space.
U.S. Federal Reserve Governor Christopher Waller reinforced the market expectation of a 25 basis point interest rate increase in February, further boosting the bullish sentiment in the market. SEC commissioner Hester Peirce reminded industry players of ‘the point of crypto’ as the market aimed for recovery.
The show included a segment called “Quick Crypto Tips” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. Market expert Marcel Pechman examined the Bitcoin and Ether (ETH) markets and provided an outlook for the next few months. Lastly, the show featured insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market.
The Market Report streams live every Tuesday at 12:00 pm ET (5:00 pm UTC). Viewers had a chance to win a one-month subscription to Markets Pro worth $100 by asking questions in the YouTube chat room. The show provides valuable insights into the current state of the crypto market and the potential for Bitcoin (BTC) to reach $25,000.
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