Bitcoin's Whiplash

From Lows to $103K Highs

Author

Rich Webb
January 28, 2025 • Read Time: 8 minutes

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Bitcoin's meteoric rise this week might have some investors feeling whiplashed as it rockets from a twelve-day low to an intraday high of $103,100. Add a sprinkle of prediction from the ever-watchful ‘Rekt Capital,’ and we could be on the cusp of a new bullish chapter.

But hold your proverbial horses—while some see a promising uptrend on the horizon, Jim Cramer's recent Bitcoin endorsement has crypto enthusiasts bracing for his infamous 'market jinx'. Meanwhile, Ethereum and other altcoins are singing the blues, hinting there's more to this story of peaks and pits. Let's dive in!

  • Bitcoin recovers to $103,100, setting the stage for a second price discovery uptrend. — Read More

  • Elon Musk appointed to lead government efficiency department, proposes blockchain to cut spending from $6.7T to $2T. — Read More

  • Jason Lowery argues for Bitcoin becoming the world's reserve currency, emphasizing its financial security potential. — Read More

  • A GlobalData survey highlights that retail CBDCs fall short in incentivizing consumer adoption due to privacy and technical issues. — Read More

  • Garlinghouse urges unity in crypto, blasts maximalism following U.S. reserve inclusion debate. — Read More

  • KuCoin admits guilt for unlicensed money-transmitting, faces $297M in penalties, suspending US operations. — Read More

  • US Senate confirms crypto supporter Scott Bessent as Treasury Secretary under Trump, promising clarity and favorable crypto policies. — Read More

  • Bitget Wallet reveals its 2025 strategy with PayFi to merge DeFi with everyday financial utility, introducing new global financial tools. — Read More

  • Trezor launches Safe 5 Freedom Edition wallet, $10 per device supports Bitcoin education. — Read More

  • Bitpanda, Crypto Finance, OKX, and Crypto.com secure MiCA licenses, enabling pan-European operations under new regulations. — Read More

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