The crypto market experienced significant volatility, with Bitcoin briefly dropping below $90,000 before rebounding to over $96,000. Ethereum followed a similar pattern. AI agent coin AI16z saw a 21% increase in the past 24 hours after a selloff. James Toledano from Unity Wallet believes the price action is normal and doesn't signal the end of the bull run. The upcoming inauguration of President-elect Trump could be a pivotal moment with potential pro-crypto policies sparking renewed buying interest. Ledn's John Glover predicts a possible 20-30% increase in Bitcoin's value in the next few weeks, supported by a strong demand despite low trading volumes. Patience is advised as the new administration takes office in a week.
- Content Editor ( blockworks.co )
- 2025-01-14
Don’t panic: Bitcoin’s price action is ‘business as usual’