Cryptocurrency market 2025: The cryptocurrency market is agog in anticipation of the FOMC meeting on January 29, 2025. Market players are banking on no changes, with 97.3% expecting the Fed to maintain rates constant, according to CME’s FedWatch Tool. Even before the announcement, Bitcoin and other altcoins are seeing significant price gains.
Possible rate decreases in the second and fourth quarters of 2025, according to analysts like Sam Stovall. This would increase the market’s willingness to invest in cryptocurrency and its liquidity. For Bitcoin and other cryptocurrencies, a dovish Federal Reserve might mean more positive prices.
XRP Leads Inflows, Bitcoin and Ethereum Struggle
XRP’s $2.1 million in weekly inflows were more spectacular than Bitcoin’s and Ethereum’s, according to CoinShares’ James Butterfill. What this means is that XRP’s month-to-date (MTD) volumes are now at an astounding $92.6 million. Ether and Bitcoin, on the other hand, lost a total of $541 million; ether lost $99.2 million and bitcoin $442 million.
Arranging itself into a bullish hammer at crucial support, $XRP climbs. With a trendline breakout, we could see a price surge that targets $5 or more. Be aware that the pricing activity is on the verge of deteriorating.
Metaplanet Raises $745M for Bitcoin Acquisition.
Metaplanet, also known as MicroStrategy in Japan, has announced a $745 million fundraising effort, with ¥116 billion as its aim, through the sale of 21 million 0% discount moving strike warrants. Following in the footsteps of MicroStrategy’s Bitcoin strategy, the company aims to acquire 21,000 bitcoins by 2026. Having already collected 1,700 bitcoins in the previous eight months. This bold step establishes Metaplanet as a frontrunner in the Japanese Bitcoin market and highlights the company’s determined approach to cryptocurrency investing. All of the money they raise will go toward their two-year Bitcoin accumulation goal.
DeepSeek Faces Cyberattack Amid AI App Success
Just after DeepSeek’s AI assistant surpassed OpenAI’s ChatGPT to become the top-rated free app in the U.S. Apple App Store, the Chinese startup was hit by a cyberattack. New user registrations were momentarily suspended due to the attack’s impact on the system. Quickly becoming a popular choice among Americans, the assistant powered by DeepSeek-V3 has been a cost-effective alternative to top AI systems since its launch on January 10. The app’s success and the longest disruptions in 90 days occurred on Monday, trembling the shares of tech firms tied to artificial intelligence.
Garlinghouse Pushes for US Multi-Crypto Reserve
Instead of putting all of the money into Bitcoin, Ripple CEO Brad Garlinghouse wants the US government to have a diverse digital asset reserve. Posting on X (formerly Twitter) on January 28th, he stressed the need to represent. The whole Crypto Market Update community to guarantee fair policymaking and innovation. While some see the creation of a Strategic Bitcoin Reserve as a way to strengthen the US currency and ensure economic stability, Garlinghouse is in opposition to the idea. The future of digital asset strategies should be shaped by unity and diversity, he says.