Bitcoin seals first $100K+ monthly close with BTC price due 'big move'

https://cointelegraph.com/news/bitcoin-seals-first-monthly-close-over-100k-btc-price

created by hiorea on 01/02/2025 at 16:22 UTC

167 upvotes, 14 top-level comments (showing 14)

Comments

Comment by PMmeuroneweirdtrick at 01/02/2025 at 16:45 UTC

16 upvotes, 1 direct replies

Any time it's gotten close to 99 recently it just pops back up. I've been waiting all month to dump extra cash if it goes to the 90's but no like in Jan.

Comment by coinfeeds-bot at 01/02/2025 at 16:50 UTC

9 upvotes, 0 direct replies

tldr; Bitcoin (BTC) achieved its first six-digit monthly close, ending January at $102,400 on Bitstamp. Despite a last-minute price drop due to macroeconomic volatility, Bitcoin closed above the $100,000 mark. Analysts remain optimistic, with February historically being a strong month for Bitcoin, often seeing double-digit gains. The post-halving February is expected to continue this trend, potentially leading to a monthly close around $117,000. However, investment decisions should be made with caution and thorough research.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Comment by jekpopulous2 at 01/02/2025 at 20:48 UTC

17 upvotes, 1 direct replies

These tariffs are about to nuke the stock market... we'll see if BTC follows or decouples. My bet is that BTC takes a pretty bad hit too.

Comment by Strict_Swimmer_1614 at 02/02/2025 at 07:32 UTC

2 upvotes, 0 direct replies

“Buying opportunities driven by completely mental tariff war” has entered the chat.

Comment by [deleted] at 01/02/2025 at 21:21 UTC

5 upvotes, 1 direct replies

Big losses coming in this year

Comment by poorbugger at 01/02/2025 at 18:06 UTC

3 upvotes, 0 direct replies

Now i need the btc dominance to tank

Comment by kirtash93 at 01/02/2025 at 18:18 UTC

2 upvotes, 0 direct replies

$100K is the new bottom.

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Comment by [deleted] at 01/02/2025 at 17:07 UTC

1 upvotes, 1 direct replies

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Comment by [deleted] at 01/02/2025 at 17:20 UTC

1 upvotes, 1 direct replies

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Comment by solohaldor at 01/02/2025 at 23:55 UTC

1 upvotes, 0 direct replies

Tariffs may have something to say about this

Comment by restore_democracy at 01/02/2025 at 16:49 UTC

2 upvotes, 2 direct replies

Down over 4% under the current administration.

Comment by drew8311 at 01/02/2025 at 20:38 UTC

1 upvotes, 0 direct replies

Some event will cause the crypto market to crash or BTC will eventually pass 110 and beyond. The last month the price has just been waiting to see which one, could easily stay like this for many more months too.