Bitcoin's price is up 2.6% on Wednesday as investors anticipate faster rate cuts in the US.
The entire cryptocurrency market followed BTC, and experts predict volatility will persist.
Higher US CPI translated to higher Bitcoin price
Bitcoin
price approached the psychological barrier of $100,000 following December's
inflation increase in the United States. Along with BTC, altcoins also rose as
investors anticipate the Federal Reserve may be forced to cut rates sooner than
planned13.
Why is Bitcoin Up? US CPI
Inflation Rose 0.4% in December 2024
On
Wednesday, January 15, 2025, the US Bureau of Labor Statistics (BLS) reported
that the Consumer Price Index (CPI) increased by 0.4% last month.
"The
Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a
seasonally adjusted basis in December, after rising 0.3 percent in November.
Over the last 12 months, the all items index increased 2.9 percent before
seasonal adjustment," the BLS commented.
The higher
monthly inflation reading caused the CME FedWatch tool to indicate a 30%
probability of a rate cut at the March meeting. The cryptocurrency market,
anticipating interest rate cuts, saw Bitcoin jump 1.4% to $98,500 immediately
after the report, eventually reaching a local daily high of $99,400.
Why is Bitcoin going up? Source: CoinMarketCap.com
This price
action validated yesterday's bullish doji candle (or pin bar) formation, which
emerged when BTC briefly dipped below $90,000. If the trend continues, surpassing the $100,000 level should only be a matter of time. This would pave the way for Bitcoin to retest its all-time high above $108,000.
Paul Howard, Wincent
"Crypto
remains a key indicator of risk assets, and with CPI and inflation figures
exceeding expectations, this improvement is evident in current pricing,” Paul
Howard, Senior Director at Wincent, commented for Finance Magnates. “As
a leading liquidity provider in digital assets, we anticipate a highly volatile
week ahead, particularly with the transition of administration in the US, which
could result in +/-10% price swings for major assets like BTC, SOL, ETH, and
XRP.”
Why Is Crypto Up Today?
Ethereum and Other Altcoins Follow Bitcoin's Lead
Altcoins
quickly followed Bitcoin's lead. Ethereum, the second-largest cryptocurrency by
market capitalization, rose 3% in the past hour to $3,300, while XRP jumped
2.6% to $2.57.
The total
cryptocurrency market capitalization increased by 5.6% to $3.33 trillion, with
daily trading volume surging 25% to $154 billion according to CoinMarketCap
data.
Bitcoin and altcoins are going up. Source: CoinMarketCap.com
“Market
pricing will likely respond to announcements made by the incoming President,
suggesting that current valuations may not fully account for upcoming news,”
added Howard. “Many of these expected announcements are likely to have
long-term implications throughout the year, especially in areas such as
regulatory clarity, adjustments to banking policies, and leadership in matters
like a strategic bitcoin reserve.”
Bitcoin
price approached the psychological barrier of $100,000 following December's
inflation increase in the United States. Along with BTC, altcoins also rose as
investors anticipate the Federal Reserve may be forced to cut rates sooner than
planned13.
Why is Bitcoin Up? US CPI
Inflation Rose 0.4% in December 2024
On
Wednesday, January 15, 2025, the US Bureau of Labor Statistics (BLS) reported
that the Consumer Price Index (CPI) increased by 0.4% last month.
"The
Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a
seasonally adjusted basis in December, after rising 0.3 percent in November.
Over the last 12 months, the all items index increased 2.9 percent before
seasonal adjustment," the BLS commented.
The higher
monthly inflation reading caused the CME FedWatch tool to indicate a 30%
probability of a rate cut at the March meeting. The cryptocurrency market,
anticipating interest rate cuts, saw Bitcoin jump 1.4% to $98,500 immediately
after the report, eventually reaching a local daily high of $99,400.
Why is Bitcoin going up? Source: CoinMarketCap.com
This price
action validated yesterday's bullish doji candle (or pin bar) formation, which
emerged when BTC briefly dipped below $90,000. If the trend continues, surpassing the $100,000 level should only be a matter of time. This would pave the way for Bitcoin to retest its all-time high above $108,000.
Paul Howard, Wincent
"Crypto
remains a key indicator of risk assets, and with CPI and inflation figures
exceeding expectations, this improvement is evident in current pricing,” Paul
Howard, Senior Director at Wincent, commented for Finance Magnates. “As
a leading liquidity provider in digital assets, we anticipate a highly volatile
week ahead, particularly with the transition of administration in the US, which
could result in +/-10% price swings for major assets like BTC, SOL, ETH, and
XRP.”
Why Is Crypto Up Today?
Ethereum and Other Altcoins Follow Bitcoin's Lead
Altcoins
quickly followed Bitcoin's lead. Ethereum, the second-largest cryptocurrency by
market capitalization, rose 3% in the past hour to $3,300, while XRP jumped
2.6% to $2.57.
The total
cryptocurrency market capitalization increased by 5.6% to $3.33 trillion, with
daily trading volume surging 25% to $154 billion according to CoinMarketCap
data.
Bitcoin and altcoins are going up. Source: CoinMarketCap.com
“Market
pricing will likely respond to announcements made by the incoming President,
suggesting that current valuations may not fully account for upcoming news,”
added Howard. “Many of these expected announcements are likely to have
long-term implications throughout the year, especially in areas such as
regulatory clarity, adjustments to banking policies, and leadership in matters
like a strategic bitcoin reserve.”
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
KuCoin Rolls Out MiCA-Regulated Crypto Platform Across 29 EU Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
