The cryptocurrency market has had a strong start to the year, with a new report stating that $44 billion worth of assets flowed into crypto-based exchange-traded products in 2021. Bitcoin funds now make up 29% of the assets under management being tracked by European firm CoinShares. However, the performance of Bitcoin towards the end of January will be crucial, as Bitcoin ETF inflows have slowed following a hawkish meeting of the Federal Open Markets Committee (FOMC) in December. Traders are expecting the Fed to keep rates the same, which may not have a significant impact on Bitcoin. Analysts believe that any bullish price action leading up to President-elect Donald Trump's inauguration could be followed by consolidation. It is recommended to maintain exposure to digital assets, with a balanced allocation between Bitcoin and Ethereum.



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