Bitcoin and other cryptocurrencies have struggled at the start of 2025, falling by almost 5% from their early-year highs due to concerns that the Federal Reserve will pause interest-rate cuts. The uncertainty surrounding President-elect Trump’s economic policies has added to market volatility. Bitcoin briefly slid below $90,000 before recovering, leaving its value broadly flat for January. Smaller cryptocurrencies like Ether have also taken losses this month so far.
Source: https://www.bloomberg.com/news/articles/2025-01-14/bitcoin-btc-stumbles-as-fed-outlook-hurts-crypto-trump-trade