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Crypto Market Today Jan 29: BTC, ETH & Altcoins Under Pressure Ahead of US Fed Decision

CoinGape LogoCoinGape1d ago

Crypto Market Today Jan 29: BTC, ETH & Altcoins Under Pressure Ahead of US Fed Decision - CoinGape

Quick Summary:

Bitcoin (BTC) price encountered significant pressure, avoiding further gains, whereas top alts such as Ethereum (ETH), XRP, and Solana (SOL) mirrored a similar intraday movement.

Crypto Market Today, January 29: Cryptocurrency price actions on Wednesday have once again solidified investor uncertainty right ahead of the U.S.FOMC.

However, analyst Ali Martinez revealed that investors are dumping funds right ahead of the FOMC, as recorded with Bitcoin ETFs selling nearly 8,000 BTC, worth $800 million, recently.


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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 04:56:20 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25597969

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 22 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Crypto Market Today Jan 29: BTC, ETH & Altcoins Under Pressure Ahead of US Fed Decision" was covered 1 days ago by CoinGape, a news publisher based in India.

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  • URL: https://chronographically.beamstart.com/news/crypto-market-today-jan-29-17381267414481

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