CCM Blockchain Newsletter (January 13, 2025)
Markets fell last week as the dollar is on the rise.
Markets fell last week as the dollar is on the rise.
Bitcoin turned 16 last week, and the network has processed over $131 trillion in transactions since inception.
Equities rose over the Christmas break, while bitcoin slumped.
Fed cuts rates but signals for fewer cuts in 2025
The ECB and Fed are cutting rates while bitcoin rips past $100,000.
Bitcoin broke above $100,000 for the first time last week.
U.S. Treasury yields fell significantly last week as markets rallied.
Bitcoin is honing in on $100,000, as $IBIT's options saw $1.9 billion in notional traded on day one.
Equities have retraced week-over-week, while bitcoin roared to a new all-time high on Tuesday.
Bitcoin ETFs have seen more than $35 billion in inflows in 2024.
China's CSI 300 Index jumped to 3,704 on September 27 in the biggest move since 2008.
Bitcoin is the best performing asset since the Federal Reserve's September rate cut.