Bitcoin Dips Below $95K as January CPI Data Shows Increasing Inflation. Can $MEMEX 100x?
13 Febbraio 2025 - 3:44PM
NEWSBTC
The January US CPI data is in, and it’s not what the market
anticipated. Consumer prices surged by 0.5% in the first month of
2025, exceeding the expected 0.3% increase. On a year-over-year
basis, CPI rose 3%, slightly above the forecasted 2.9% and higher
than December’s 2.9% reading. The unexpected uptick signals
persistent inflationary pressures, which could influence market
expectations and Fed policy decisions. Core CPI data also delivered
a disappointing surprise. The index, which excludes volatile food
and energy prices, rose by 0.4% in January, exceeding the expected
0.3% increase. This marks a sharp uptick from December’s 0.2% gain,
signaling that underlying inflationary pressures remain persistent.
The crypto market reacted swiftly to the latest inflation data,
with Bitcoin slipping below the $95,000 mark in response. Amid
rising inflation and global uncertainty, Bitcoin has remained
rangebound for the past two months. Since briefly surging past
$108,000 during the post-election rally, the leading cryptocurrency
has yet to confirm a clear breakout or breakdown. Despite this
consolidation, many analysts see the current price range as a prime
accumulation zone, suggesting that Bitcoin could be gearing up for
its next bull run. Bitcoin May Reach $1.5M by 2030 Cathie Wood, the
CEO of ARK Invest, believes Bitcoin can breach the $1.5M mark by
the end of 2030. Despite current turbulences, Wood believes Bitcoin
is right on course for this landmark for a couple of reasons. Ever
since the appointment of Trump as president, more and more
institutional investors have been keen to add Bitcoin to their
portfolios due to its favorable risk-reward scenario. More than 74
public companies now hold Bitcoin on their balance sheets. The
total value, in fact, has increased 5x during the last year – from
$11B in 2023 to $55B in 2024. ARK Invest has published a report
with Bitcoin price targets under various scenarios. Under the base
case assumption, BTC is expected to grow at a CAGR of 40% to hit a
price of $710,000. Even in a bear case scenario, ARK Invest
expected Bitcoin to reach $300,000 – more than 3x from current
levels. However, the bull case scenario predicts Bitcoin reaching
the $1.5M mark, growing at a CAGR of 58% for the next five years.
Sure, Bitcoin has a long road ahead, with several optimistic price
predictions backing its seemingly monumental growth. However,
short-term turmoil like unfavorable CPI data can undoubtedly dent
your portfolios. This is why we recommend taking refuge in the best
crypto presales. Since these aren’t listed on exchanges yet, they
remain unaffected by external conditions. With crypto set to make a
strong comeback later, now’s a good time to invest in these
upcoming meme coins. So, which of the best meme coins should you
pick? Surely, one won’t be enough, as you need diversity in your
portfolio. Enter Meme Index ($MEMEX). What Is Meme Index
($MEMEX)? Meme Index is a top trending crypto project that allows
token holders to purchase a curated basket of meme coins as per
their risk appetites. The crypto market is admittedly a difficult
landscape to navigate, one that requires extensive research.
However, not all investors are able to stay abreast with
developments and end up in losses. This is where $MEMEX comes in
handy. Instead of doing all the legwork, you can simply pick from
four pre-designed baskets to invest in. There are four indexes you
can choose from: Meme Titan Index: The Meme Titan Index tracks the
top 8 meme coins with $1B+ market caps, including DOGE, SHIB, and
PEPE. These established tokens offer lower volatility, making the
index ideal for risk-averse investors—but with reduced risk comes
limited return potential. Meme Moonshot Index: The Rising Stars
Index includes meme coins on the verge of entering the top 8, all
listed on tier 1 exchanges and nearing a $1B market cap. This
basket provides a balanced mix of risk and reward for investors.
Meme Midcap Index: This index is perfect for investors eyeing
sizable yields. It contains coins with a market cap between $50M
and $250M. The coins here can be quite volatile with considerable
downside risk. However, they can quickly reach the Moonshot or
Titan levels too. Meme Frenzy Index: The Frenzy Index is made for
real risk-takers who like to live on the wild side. It contains
highly volatile tokens that can make you a millionaire within a
matter of days. However, they’re very, very volatile and can result
in considerable losses as well. Why Can $MEMEX 100x? Meme Index
($MEMEX) is hands down the most ideal pick for investors who are
new to the crypto markets. Plus, with the number of newbies only
increasing, $MEMEX could very well be among the hottest tokens.
Instead of randomly investing in unknown meme coins, you can bank
on $MEMEX, which gives you access to smartly curated baskets by
experts. Plus, each coin in a basket is included (or excluded)
based on votes from community members. This ensures you’re going in
the direction of market sentiments and picking only the best
cryptos to invest in. For more information, check out $MEMEX’s
whitepaper and its X feed. The $MEMEX presale is
currently live and has already raised over $3.6M. You can get 1
$MEMEX for just $0.0161637 if you get in right now, as the next
price increase is just a couple of days away. You can also stake
your purchased $MEMEX tokens to earn a very healthy 633% APY as
staking rewards. If this is your first time investing in a crypto
presale, here’s a detailed guide on how to buy $MEMEX. However,
none of the above is financial advice, and you should do your own
research before investing your hard-earned money. The crypto market
can be highly volatile, and it’s best you consult a professional
financial advisor to be doubly sure.
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