## Bitcoin's Market Movement

In the latest episode of **CNBC Crypto World**, we delve into the **recent rise in Bitcoin** following **Fed Chair Jerome Powell's** hints at potential **interest rate cuts**. This shift in monetary policy is seen as a positive signal for the cryptocurrency market, leading to increased investor confidence.

![Bitcoin rises](https://image.cnbcfm.com/api/v1/image/108025049-240823_cw_thumbnail.jpg?v=1724438521&w=750&h=422&vtcrop=y)

## Highlights from Today's Show
- **Dennis Kelleher** from **Better Markets** shares his insights, urging **Kamala Harris** to resist the **crypto industry's pressures**.
- **Wyoming Governor Mark Gordon** discusses the state's **stablecoin project**, highlighting the innovative steps being taken in the crypto space.

Stay tuned for daily updates and unique stories from the ever-evolving world of digital currencies, airing **Monday to Friday at 3 PM ET**.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Dennis Kelleher of Better Markets discusses his op-ed encouraging Kamala Harris to reject pressure from the crypto industry. Plus, Wyoming Gov. Mark Gordon discusses the state's stablecoin project.

Bitcoin's Surge: Fed Chair Powell's Interest Rate Cuts Spark Market Optimism

## LQWD Acquires Additional Bitcoin to Strengthen Strategic Reserves and Expand Yield Generating Lightning Network Operations

**LQWD Technologies Corp** (TSXV: LQWD) (OTCQB: LQWDF) has announced the acquisition of an additional **7 Bitcoin**, increasing its total holdings to approximately **148 Bitcoin** (14.8 billion Satoshis). This strategic move reinforces the company's debt-free status and solidifies its position as one of the most **Bitcoin-centric public companies** in the world.

As the **4th highest Bitcoin-Per-Share holder** in Canadian public markets with **0.00000784 BTC/share**, and ranking **23rd globally**, LQWD aims to generate yield through its **Lightning Network** infrastructure. This innovative approach facilitates low-cost, instant global transactions while allowing the company to earn **Bitcoin-denominated fees**.

### Bitcoin-First Strategy
LQWD's strategy focuses on leveraging Bitcoin as both a **store-of-value** and a **medium of exchange**. By accumulating Bitcoin and expanding its Lightning Network infrastructure, the company seeks to enhance shareholder value.

### Key Highlights
- **Increased Bitcoin Holdings**: Total holdings now stand at **~148 Bitcoin**, positioning LQWD as a leader in the Bitcoin market.
- **Debt-Free Financial Strength**: The company maintains a debt-free status with unencumbered Bitcoin assets, reflecting strong financial health.
- **Yield-Generating Strategy**: LQWD utilizes its Lightning Network to earn yield from Bitcoin transactions, driving growth in its market presence.

### Conclusion
LQWD Technologies is uniquely positioned to capitalize on Bitcoin's potential, focusing on both immediate financial returns and long-term growth through strategic Bitcoin accumulation and infrastructure development.

LQWD Technologies strengthens its position with debt-free Bitcoin accumulation and Lightning Network infrastructure, establishing itself as a leading Bitcoin-centric public company.

LQWD Technologies Boosts Bitcoin Holdings to 148 BTC: A Game Changer in the Canadian Market

### Bettors Make Predictions on Trump's Speech

**Bettors** have already placed over **$1 million** in wagers on what **Donald Trump** will say during his upcoming **inauguration**. A recent study by **Casino Reports** analyzed the top 10 betting events related to Trump's inauguration, focusing on specific words and phrases he might use in his speech.

### Key Betting Insights

- **78%** of bettors believe Trump will say **"America First"** during his address.
- About **4%** of bettors speculate he could mention **"McDonald’s"**, while others think he might reference **"Dogecoin"**, associated with his close friend, **Elon Musk**.

![Trump's Inauguration Rehearsals](https://static.independent.co.uk/2025/01/14/13/SEI235754573.jpg)
*Conductor for the Army Herald Trumpets Major Aaron Morris during rehearsals for the inauguration. Some betting options on what will happen during the event are already out (Getty Images)*

### Other Noteworthy Bets

- Bettors have wagered **$3.4 million** on whether Trump can negotiate a **ceasefire** between **Russia and Ukraine** before January 20, although only **1%** believe it's possible.
- Additionally, **$449,736** has been wagered on how many executive orders Trump will issue on his first day, with **71%** predicting he will sign more than **15**.

![Trump at McDonald's](https://static.independent.co.uk/2024/11/13/16/2024-10-20T202331Z_1602263675_RC2JOAA3CCKE_RTRMADP_3_USA-ELECTION-TRUMP.jpg)
*Donald Trump works behind the counter during a visit to McDonald’s in Pennsylvania. Roughly 4 percent of bettors believe he will use the word “McDonald’s” during his inaugural address (via REUTERS)*

### Summary of Market Activity

With nearly **$10 million** wagered on events surrounding Trump’s second inauguration, the data indicates a keen public interest and engagement with these political events, signaling that many are willing to invest in their predictions rather than simply speculate from the sidelines. 

![White House Fencing](https://static.independent.co.uk/2025/01/14/13/SEI235882799.jpg)
*The White House complex is surrounded by temporary fencing. Bettors also placed $3.4 million on whether the president-elect can negotiate a ceasefire agreement between Russia and Ukraine before midnight on January 20 (Getty Images)*

Bettors poured over $1 million on the certain words and phrases they believe Donald Trump will use in his speech 

What Will Trump Say at His Inauguration? Bettors Place Over $1 Million on Key Phrases!

### Bitcoin Bounces Back

Bitcoin surged on Tuesday, climbing **4.5%** to reach **$97,044.35**, as traders reacted to a **light inflation reading**. This recovery follows a dip below the **$90,000** support level earlier in the week. The broader crypto market, represented by the **CoinDesk 20** index, also saw a **3.9%** increase.

![Bitcoin in Brussels](https://image.cnbcfm.com/api/v1/image/108083195-1736275090096-gettyimages-2191588295-raa-bitcoinp250102_npxGk.jpeg?v=1736275262&w=1858&h=1045&vtcrop=y)
*Image Source: Jonathan Raa | Nurphoto | Getty Images*

### Market Reactions

Shares of **Coinbase** and **MicroStrategy** rose more than **3%** and **5%** respectively, while mining stocks like **Mara Holdings** and **Core Scientific** also gained approximately **5%**. This upward trend coincided with the **Bureau of Labor Statistics** reporting a **cooler-than-expected inflation** increase of just **0.2%** in December, compared to the anticipated **0.4%**.

### Investor Sentiment

Crypto prices are currently navigating between concerns about rising inflation due to the incoming **Trump administration** and optimism regarding its **pro-crypto** stance, which may bolster the industry. As a result, traders anticipate a more volatile January, potentially extending throughout the first quarter.

Bitcoin experienced a downturn last week, triggered by stronger-than-expected payroll numbers that led to a spike in bond yields, prompting a sell-off of growth-oriented assets. Additionally, news regarding Trump's tariff plans increased apprehension among investors, strengthening the dollar, which typically inversely correlates with Bitcoin.

### Expert Insights

**Tom Lee** from **Fundstrat** projected that Bitcoin could retrace to **$70,000** before hitting new highs, forecasting an end-of-year price between **$200,000 and $250,000**. Notably, Bitcoin currently sits **10%** below its record high from **December 17** but has risen **3%** in 2025.

Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading.

Bitcoin's Astonishing Comeback: Surpassing $97,000 Amidst Easing Inflation Concerns

For much of the past decade, **Bitcoin (CRYPTO: BTC)** has been the top-performing asset in the world. In 2024, Bitcoin continued its impressive streak, seeing an increase of **125%** for the year. This remarkable growth outperformed the **Nasdaq** (up **30%**), **gold** (up **27%**), and the **S&P 500** (up **24%**).

However, Bitcoin was not the **best-performing cryptocurrency** of 2024. That title goes to **Virtuals Protocol (CRYPTO: VIRTUAL)**, which skyrocketed by an astonishing **23,000%** last year. This performance catapulted Virtuals Protocol to become the **33rd-largest cryptocurrency** in the world, boasting a nearly **$4 billion market cap**. So, is it time to consider adding Virtuals Protocol to your portfolio in 2025?

### Why Did Virtuals Protocol Surge?
To understand the meteoric rise of Virtuals Protocol, we need to look at its foundation in two pivotal technological innovations: **blockchain technology** and **artificial intelligence (AI)**.

Virtuals Protocol serves as a **blockchain platform** for launching AI agents. This platform enables the creation of highly specialized AI agents capable of performing specific tasks autonomously, even while you sleep. You won’t need to constantly prompt them for next steps.

![A silhouette of a human face superimposed over digital imagery.](https://s.yimg.com/ny/api/res/1.2/UyccAtnmDW6rOgx5H57AIg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://media.zenfs.com/en/motleyfool.com/6ebf71330245f680e6fb6e333b8391dc)
*Image source: Getty Images.*

While many popular AI agents are currently focused on gaming and entertainment, there’s a growing trend towards productivity applications. For instance, instead of spending hours analyzing data and cryptocurrency trends, you could simply "hire" an AI agent to handle the workload.

### Investing in the Future of AI and Blockchain
The intersection of **AI** and **blockchain** offers several investment strategies. You could:
- Invest directly in **Virtuals Protocol**, anticipating it will remain a leading platform for creating AI agents.
- Invest in the myriad of new AI agents developed using this platform, sharing in their potential earnings.
- Explore new meme coins launched and promoted by these AI agents.

Much like Bitcoin's own **blockchain ecosystem**, Virtuals Protocol has its ecosystem valued at around **$3.75 billion**. This includes a **$2.6 billion market cap** for Virtuals Protocol itself and **$367 million** for the most popular AI agent, **aixbt**, which specializes in identifying new cryptocurrency investments.

For much of the past decade, Bitcoin (CRYPTO: BTC) has been the top-performing asset in the world.  Bitcoin was up 125% for the year, which trounced the performance of the Nasdaq (up 30%), gold (up 27%), and the S&P 500 (up 24%).  Based on the strength of that performance, Virtuals Protocol ended 2024 as the 33rd-largest cryptocurrency in the world, with a nearly $4 billion market cap.

Discover the Cryptocurrency That Outperformed Bitcoin by Over 23,000% in 2024!

### Bitcoin's Market Dynamics

The movements of **Bitcoin** rhythm the markets, oscillating between phases of **euphoria** and **brutal corrections**. After a record high of **$108,268** in December 2024, Bitcoin is currently in a phase of consolidation. Analysts are buzzing with speculation, particularly due to a significant technical indicator: the **52-week Simple Moving Average (SMA)**. According to analyst **Dave the Wave**, Bitcoin could reach a new peak by **July 2025**, mirroring patterns from previous bullish cycles.

![Bitcoin Price Chart](https://www.cointribune.com/app/uploads/2025/01/Sinapi-417-1024x683.png)

### A Technical Indicator Suggests an Imminent Peak

Since its record high, Bitcoin has been consolidating, experiencing a **14% pullback**—a classic move after a significant surge. Despite this correction, many believe the **bullish cycle** is still intact. **Dave the Wave** emphasizes the importance of the **52-week SMA** for detecting peaks, noting that Bitcoin historically peaks when the one-year moving average touches the midpoint of the **Logarithmic Growth Curve (LGC)** channel. Historical data supports this, as previous peaks aligned closely with these signals.

If this pattern holds, Bitcoin could peak around **July 2025**. However, experts caution that the current market context—marked by increased **institutional adoption** and **stricter regulations**—may affect traditional dynamics.

### A Correction Underway: End of the Pause or Alert Signal?

**Rekt Capital** provides additional insights, suggesting that Bitcoin is in a typical price discovery phase. The current correction has lasted **four weeks**, indicating it may be nearing its end. However, **Peter Brandt** warns of a potential **“head and shoulders”** formation, a bearish pattern that could lead Bitcoin below **$77,000**, jeopardizing the bullish momentum.

Investors are closely monitoring liquidity levels, with significant buy orders between **$85,000 and $92,000** on Binance serving as crucial support. Conversely, a strong volume of sell orders is concentrated around **$110,000**, which could be a target for the next rally. As we move forward, macroeconomic factors, regulatory changes, and institutional adoption will likely influence Bitcoin’s trajectory. The interplay between the one-year moving average and the logarithmic channel remains pivotal as we approach 2025.

Will Bitcoin really reach its peak in July 2025? Discover the possible scenarios.

Is Bitcoin Poised for a New Peak by July 2025? Insights and Predictions Revealed!

### Bitcoin Enthusiasts Anticipate a Rally

**Bitcoin** enthusiasts are closely watching the **Dollar Index (DXY)**, which has surged to a **26-month high** of **110**. This development underscores the **inverse correlation** between Bitcoin and the dollar, raising questions about potential movements in the cryptocurrency market.

### Historical Context and Expert Insights

Historically, high DXY levels have coincided with significant **Bitcoin price fluctuations**. Crypto educator **Quinten Francois** noted, "When DXY was this high, BTC was at $20,000. Something big is brewing." This sentiment is echoed by crypto researcher **HZ**, who cautioned that a rising DXY could lead to a **global credit crunch**, impacting liquidity and straining markets. He warned, "If you’re overleveraged, you’re standing on a trapdoor."

### Hedge Fund Sentiment and Market Dynamics

Reports from **Barchart** indicate a growing **bullishness** among hedge funds towards the dollar, marking the highest confidence since early 2019. The DXY is currently viewed as a **safe haven** amid global economic uncertainties.

### Market Influencers and Predictions

**Capital Hungry**, a market research firm, attributes the recent strength of the DXY to **trade tariff concerns**. Upcoming **economic reports**, including **PPI** and **CPI** data, are expected to heavily influence market direction. If these indicators suggest a cooling of inflation, the DXY may retreat, creating opportunities for risk assets like Bitcoin to rebound. Predictions indicate that if Bitcoin maintains above **$94,000**, it could potentially rise to **$99,000**. However, a stronger-than-expected DXY could exert downward pressure on prices.

### Global Market Implications

A high DXY not only impacts cryptocurrencies but also has significant effects on **global markets**, particularly in emerging economies. A stronger dollar can strain economies, reducing liquidity and possibly leading to downturns. Conversely, any easing in the DXY could bolster risk assets, including Bitcoin. Notably, when the DXY dipped to its lowest point of 2024 in August, it coincided with a brief rally in Bitcoin, reinforcing their inverse relationship.

### Institutional Developments and Future Outlook

Recent institutional developments, such as **BlackRock’s** newly launched **BTC ETF**, are fostering optimism around Bitcoin, signaling growing confidence from major financial institutions. This endorsement is believed to enhance Bitcoin’s legitimacy and potential for widespread adoption.

Despite these positive indicators, Bitcoin finds itself at a **crossroads**. The future direction of the DXY will likely play a critical role in determining Bitcoin’s next major movement. While a stronger dollar poses challenges, any reversal in the DXY could pave the way for a Bitcoin resurgence. Investors are keenly observing whether Bitcoin can navigate the complexities posed by the DXY's ascent.

Bitcoin enthusiasts eye a potential rally as the Dollar Index (DXY) hits a 26-month high, highlighting their inverse correlation and global market risks. 

Is Bitcoin on the Verge of a Major Breakout as the Dollar Hits a 26-Month High?

### Bitcoin's Price Action: A Sharp Contrast to December

BTC's latest price action raises a crucial question for crypto traders: **Has Bitcoin's (BTC) price weakness run its course, or is there more turbulence ahead?** 

On January 13, 2025, BTC experienced a notable recovery after dipping to intraday lows, contrasting sharply with the **uptrend exhaustion** observed in mid-December when prices peaked above **$108,000**. 

Initially, BTC fell as **investment banks** adjusted their expectations for Fed rate cuts, leading to a decline below the key support zone of **$90,000-$93,000**. However, this breakdown was short-lived, and by the end of the day, BTC rebounded to **$94,000**, forming a classic **"long-legged Doji candle"**. This pattern suggests **downtrend exhaustion**, indicating that although sellers initially pressured prices, buyers ultimately regained control. This is often seen as a potential signal of a bottom, especially when it occurs at critical support levels.  

![BTC's daily chart. (TradingView/CoinDesk)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F82b2f7c8e8174c625bfe82ca20911f3e56785ff1-2390x1416.png%3Fauto%3Dformat&w=3840&q=75&dpl=dpl_BU7deb1UgTdpwWi5bVuF4y5JxG1w)

The emergence of the long-legged doji at the support zone indicates that BTC has consistently resisted further declines since late November. In stark contrast, on December 16, bulls failed to maintain prices above **$108,000**, printing a doji candle with a longer upper shadow, signaling an end to the uptrend.

### What’s Next for Bitcoin?

While Monday's price action hints at a potential bottom, confirmation is necessary. A decisive move above the day's high of **$95,900** is crucial for chart-driven traders to place fresh buy orders. Additionally, BTC's low near **$89,000** has become a significant level for bears to target.

Demand-supply dynamics for BTC remain bullish, with **corporate demand** outpacing the supply of new coins this year, according to Andre Dragosch, Head of Research - Europe at Bitwise. 

Price volatility may increase following the upcoming **U.S. CPI report** on January 15, which could affect Fed rate cut expectations. 

Neal Wen from Kronos Research noted, "After Monday's sharp drop, Bitcoin rebounded from a low of **$89K**, as traders await the U.S. CPI report. Major altcoins followed suit, many experiencing greater losses in the last 24 hours. Market watchers are now focused on signs of stability to assess potential further downside or upside."

BTC's latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December. 

Bitcoin's Surge: Fed Chair Powell's Interest Rate Cuts Spark Market Optimism

Summary:

Bitcoin's Market Movement

Highlights from Today's Show

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