Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»Bitfinex Alpha | BTC volatility continues as market correction becomes more likely.
BITCOIN NEWS

Bitfinex Alpha | BTC volatility continues as market correction becomes more likely.

By Crypto FlexsJanuary 17, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitfinex Alpha |  BTC volatility continues as market correction becomes more likely.
Share
Facebook Twitter LinkedIn Pinterest Email

January 17th Bitfinex Alpha | BTC volatility continues as market correction becomes more likely.

Post time: 11:18h
On Bitfinex Alpha
Posted by Tammy

Last weekend’s sell-off following the approval of the Bitcoin ETF was a direct result of short-term investors making significant profits at the average purchase price of approximately $38,000.

We remain of the view that there is a strong possibility that the market will undergo a correction early this year and that prices will decline. We note that just prior to the sale there was an unprecedented transfer of Bitcoin “as money” to an exchange.

However, despite this selling pressure, there are a number of factors that suggest that Bitcoin price continues to find support. First, there has been a significant increase in ERC-20 stablecoins on exchanges, a sign of increased speculative sentiment and investor confidence. History shows that stablecoin expansion leads to more purchases.

Second, CME Bitcoin futures continue to see high open interest, hitting a new year’s high just before the ETF approval announcement and remaining high following the event. This shows that sophisticated investor interest in BTC continues, even through derivatives rather than direct holdings.

Third, long-term holders have held firm in their positions, highlighting a market that is resilient but vulnerable to short-term volatility.

Regarding the macro environment, consumer prices rose higher than expected in December, primarily due to increased rental costs. However, strong job creation and real wage growth continued, with wage growth outpacing inflation.

We continue to highlight the balancing act the Fed must undertake to promote growth while curbing inflation. Interest rate cuts planned for 2024 are intended to support the economy but must be carefully considered to avoid a return to inflation.

However, current market expectations are positive. Most people, like us, expected a rate cut from the Federal Reserve. The Fed will want to make sure interest rates aren’t cut too much, especially since more than $3 trillion in corporate debt accumulated at low interest rates during the pandemic will face higher interest rates in 2025. It puts a strain on business growth. Additionally, the Tax Cuts and Jobs Act of 2017 expires at the end of 2025, necessitating monetary policy adjustments.

In this scenario, the Treasury yield curve no longer inverts, returns to a more normal structure, and renewed optimism returns.

Additionally, investors have begun to shift assets from money market funds to longer-maturity government bonds and private equity funds, reflecting their appetite for risk. At the same time, the Fed is considering slowing the rate of asset portfolio drawdown to maintain market liquidity and efficiency.

On the news side, we have made significant progress. First, the SEC faced a security breach in account ‘X’, which led to the unauthorized release of a Bitcoin ETF, which immediately sent the BTC price into a tailspin and sparked widespread discussion about the financial regulator’s tolling cybersecurity gap.

Now that official ETF approval has been completed, we expect the Bitcoin investor base to expand significantly, bringing a new wave of enthusiasm among investors and market participants.

The impact of this approval was clearly visible in market dynamics. Following the SEC’s approval, the BTC price soared, reflecting the market’s positive reaction to this development. The first day of trading for 11 new Bitcoin spot ETFs recorded a notable trading volume of $4.6 billion, highlighting the high level of investor interest and growth potential for the financial instrument.

Bitfinex Alpha welcomes this milestone and is optimistic about BTC’s future prospects. However, it is still vulnerable to short-term price adjustments. Happy trading!

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

Goose boom bang! Slot -Collision, Cash and Manga Massacre

September 27, 2025

Cardano is 4% away, saying that Hoskinson will break the Internet.

September 21, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025
Most Popular

Analysts say that the probability of ETF approval increases to 98%.

June 9, 2025

Binance meets community calls for more choice with a new funding rate arbitrage bot and full availability of spot copy trading.

May 15, 2024

The Block Supports New Digital Asset Index Firm Amid ETF Boom

February 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.