A Trump-led Bitcoin rally is anticipated before his inauguration on January 20, but may lose momentum ahead of the Federal Reserve's interest rate decision on January 29. Predictions suggest Bitcoin could range between $97,000 and $98,000 by the end of January, with potential short-term pullbacks before a rebound towards $125,000 by the end of Q1. Despite bearish outlooks, market sentiment remains strong, indicated by a return to the "Extreme Greed" zone in the Crypto Fear and Greed Index.
XRP surged 4% following a weekend rally, reaching a three-year high. In today"s CNBC Crypto World, John Glover, chief investment officer of Ledn, shared insights on bitcoin"s recent price fluctuations and warned of a potential pullback in the near future.
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