{"id":10468,"date":"2025-01-30T11:48:57","date_gmt":"2025-01-30T11:48:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10468"},"modified":"2025-01-30T11:48:57","modified_gmt":"2025-01-30T11:48:57","slug":"bitcoin-secures-foothold-above-100k-fomc-sees-new-bull-run","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10468","title":{"rendered":"Bitcoin Secures Foothold Above $100K: FOMC Sees New Bull Run"},"content":{"rendered":"<div>\n<p data-pm-slice=\"1 1 []\">Bitcoin (BTC) surged past $104,000 after the Wednesday FOMC meeting and the Fed chose to<a href=\"https:\/\/99bitcoins.com\/news\/trump-blames-federal-reserve-jerome-powell-speech-after-fomc-meeting-2025\/\"> hold rates steady<\/a>, with Powell tossing a few measured words about crypto into the mix.<\/p>\n<p data-pm-slice=\"1 1 []\">The 2.8% gain for BTC <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"btc-bitcoin\" id=\"coin_widget_id_679b66e315171\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"btc-bitcoin\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#e0e0e0;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"btc-bitcoin\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"btc-bitcoin\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> was held through Thursday morning. Meanwhile, Ether and XRP barely moved, watching from the sidelines as traders chewed on the Fed\u2019s latest signal.<\/p>\n<p data-pm-slice=\"1 1 []\">But according to others, the bears say Bitcoin is now more limp than an 80-year-old man\u2019s junk. Who\u2019s telling the truth?<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">For the first time ever in Bitcoin&#8217;s 16 year history, the epoch-over-epoch (EOE) growth has fallen below +100%. Pack it up, fellas. <a href=\"https:\/\/t.co\/JzQzKDewPA\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/JzQzKDewPA<\/a><\/p>\n<p>\u2014 Wicked (@w_s_bitcoin) <a href=\"https:\/\/twitter.com\/w_s_bitcoin\/status\/1884307223364645368?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 28, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Powell Addresses Crypto Regulation at FOMC<\/h2>\n<p>The Fed kept interest rates on hold after the FOMC, with Powell signaling no rush to cut until inflation cools further. He asked about crypto, but he didn\u2019t break new ground and left the door open.<\/p>\n<p>\u201cBanks are perfectly able to serve crypto customers as long as they understand and can manage the risks,\u201d <a href=\"https:\/\/99bitcoins.com\/news\/will-powell-save-crypto-markets-with-a-surprise-january-fomc-rate-cut\/\">Powell said<\/a>. \u201cA greater regulatory apparatus around crypto from Congress would be very constructive.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">INCUMBENT COMMERCE SECRETARY HOWARD LUTNICK: &#8220;Every time <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> dips, I\u2019ll be buying.&#8221; <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/63ePSHAxks\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/63ePSHAxks<\/a><\/p>\n<p>\u2014 Simply Bitcoin (@SimplyBitcoinTV) <a href=\"https:\/\/twitter.com\/SimplyBitcoinTV\/status\/1860771429400371582?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 24, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Powell\u2019s remarks come at a pivotal time, as speculation mounts over how a second Trump administration might <a class=\"general-link\" href=\"https:\/\/x.com\/_Crypto_Barbie\/status\/1877520442216349989\" target=\"_blank\" rel=\"noopener nofollow\">reshape<\/a> crypto regulation. The former president has leaned into the sector, fueling expectations that friendlier policies are coming.<\/p>\n<p>Bitcoin hit a record $109,241 ahead of Trump\u2019s inauguration but has since dipped slightly.<\/p>\n<p>Still, BTC\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">has risen over 50% since\u00a0<a href=\"https:\/\/99bitcoins.com\/news\/pr-news\/trumps-memecoin-surge-why-uphold-is-your-go-to-platform\/\" target=\"_blank\" rel=\"noopener\">his November election win<\/a>, sparking debate over its trajectory. Some, like Bitcoin mogul\u00a0<a href=\"https:\/\/99bitcoins.com\/people\/who-is-arthur-hayes\/\" target=\"_blank\" rel=\"noopener\">Arthur Hayes, see a market ripe for a pullback<\/a><\/span>, while others point to growing U.S. interest in crypto as fuel for sustained growth.<\/p>\n<h2>Tesla\u2019s Bitcoin Windfall Saves TSLA Stock After Earnings Data Spooks Market<\/h2>\n<p>Several seismic moves in the crypto world are sparking fresh optimism:<\/p>\n<ul>\n<li>CME Group Inc. is opening the door for retail traders on Robinhood Markets Inc., offering Bitcoin and Ether futures.<\/li>\n<li>Investment firms are testing the SEC\u2019s limits, with some even filing for <a href=\"https:\/\/99bitcoins.com\/news\/presales\/doge-bonk-and-trump-etfs-filed-best-meme-coin-to-buy-now\/\">memecoin ETFs<\/a>.<\/li>\n<li>On Capitol Hill, Howard Lutnick, Trump\u2019s pick for Commerce Secretary and a vocal Bitcoin advocate, is about to be confirmed.<\/li>\n<\/ul>\n<p>In a recent article Bloomberg\u2019s Nathan Dean sees the SEC filings as a clear signal of boundary-pushing innovation, adding, \u201cCompanies are probing the SEC\u2019s boundaries, with unique filings including memecoin ETFs.\u201d<\/p>\n<figure id=\"attachment_198860\" aria-describedby=\"caption-attachment-198860\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-198860\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1738187383946627-1024x943.jpg\" alt=\"\" width=\"1024\" height=\"943\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1738187383946627-1024x943.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1738187383946627-300x276.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1738187383946627-768x708.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1738187383946627-50x46.jpg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1738187383946627.jpg 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-198860\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/x.com\/WatcherGuru\" target=\"_blank\" rel=\"noopener nofollow\">X<\/a>)<\/figcaption><\/figure>\n<p>Tesla\u2019s Q4 earnings also boosted Bitcoin, with the company logging a $600 million gain on its 11,509 BTC stash. Thanks to a new accounting rule, Tesla now values its Bitcoin holdings at market price, bringing the total to $1.19 billion.<\/p>\n<p>This change results from the Financial Accounting Standards Board\u2019s December 2023 decision, which allows companies to adjust crypto values quarterly.<\/p>\n<h2>Final Thought: What\u2019s Next for Bitcoin?<\/h2>\n<p>Bitcoin sits at a crossroads, caught between a crabby Fed, institutional adoption, and upcoming regulatory changes.<\/p>\n<p>Who knows what happens next? We\u2019ll see soon if this rally can be extended.<\/p>\n<p><b>EXPLORE:\u00a0<\/b><a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\"><b>15 New &amp; Upcoming Coinbase Listings to Watch in 2025<\/b><\/a><\/p>\n<p><a href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-secures-foothold-above-100k-fomc-sees-new-bull-run\/\">Bitcoin Secures Foothold Above $100K: FOMC Sees New Bull Run<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) surged past $104,000 after the Wednesday FOMC meeting and the Fed chose to hold rates steady, with Powell tossing a few measured words about crypto into the mix. The 2.8% gain for BTC Price Volume in 24h Price 7d was held through Thursday morning. Meanwhile, Ether and XRP barely moved, watching from the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10468","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10468"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10468\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}