{"id":111926,"date":"2025-02-17T14:03:27","date_gmt":"2025-02-17T10:03:27","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=111926"},"modified":"2025-02-17T14:03:30","modified_gmt":"2025-02-17T10:03:30","slug":"bitcoin-drops-as-investors-weigh-inflation-data-and-fed-policy-outlook","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-drops-as-investors-weigh-inflation-data-and-fed-policy-outlook\/02\/17\/market-updates\/","title":{"rendered":"Bitcoin Drops as Investors Weigh Inflation Data and Fed Policy Outlook"},"content":{"rendered":"\n

<\/h3>\n\n\n\n

Bitcoin fell on Monday as traders assessed U.S. inflation data<\/strong> and prepared for Federal Reserve officials’ upcoming remarks<\/strong> on monetary policy.<\/p>\n\n\n\n

Bitcoin Price Update (as of 01:30 ET \/ 06:30 GMT):<\/strong><\/h4>\n\n\n\n
    \n
  • Bitcoin (BTC)<\/strong>: -1.3%<\/strong> to $96,368.1<\/strong><\/li>\n<\/ul>\n\n\n\n

    Key Market Drivers<\/strong><\/h3>\n\n\n\n
      \n
    1. Lingering Inflation Concerns<\/strong>\n
        \n
      • U.S. Consumer Price Index (CPI) data for January<\/strong> showed inflation remaining above the Fed\u2019s 2% target<\/strong>.<\/li>\n\n\n\n
      • This has reinforced expectations of prolonged higher interest rates<\/strong>, which typically hurt risk-sensitive assets like Bitcoin<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Federal Reserve Caution<\/strong>\n
          \n
        • Investors are closely watching Fed officials’ statements<\/strong> later today for clues on future rate decisions<\/strong>.<\/li>\n\n\n\n
        • If policymakers signal a “higher-for-longer” stance<\/strong>, Bitcoin could face additional downward pressure<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • Crypto ETF Outflows<\/strong>\n
            \n
          • Institutional and retail investors<\/strong> have been reducing crypto exposure<\/strong>, leading to outflows from crypto ETFs<\/strong>.<\/li>\n\n\n\n
          • Analysts cite profit-taking, regulatory uncertainties, and a broader risk-off sentiment<\/strong> as key reasons.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n

            Altcoin Market Performance<\/strong><\/h3>\n\n\n\n

            Most altcoins mirrored Bitcoin\u2019s decline<\/strong>, except for Cardano (ADA), which gained 3.1%<\/strong>.<\/p>\n\n\n\n

              \n
            • Ethereum (ETH)<\/strong>: -1.1%<\/strong> to $2,680.19<\/strong><\/li>\n\n\n\n
            • XRP<\/strong>: -4.1%<\/strong> to $2.6724<\/strong><\/li>\n\n\n\n
            • Solana (SOL)<\/strong>: -6.2%<\/strong><\/li>\n\n\n\n
            • Polygon (MATIC)<\/strong>: +2.0%<\/strong><\/li>\n\n\n\n
            • Cardano (ADA)<\/strong>: +3.1%<\/strong><\/li>\n<\/ul>\n\n\n\n

              Meme Coins<\/strong><\/h3>\n\n\n\n
                \n
              • Dogecoin (DOGE)<\/strong>: -3.2%<\/strong><\/li>\n\n\n\n
              • $TRUMP Token<\/strong>: -5.7%<\/strong><\/li>\n<\/ul>\n\n\n\n

                Market Outlook<\/strong><\/h3>\n\n\n\n
                  \n
                • Bitcoin remains in a tight range<\/strong>, reflecting uncertainty<\/strong> in the macroeconomic environment.<\/li>\n\n\n\n
                • A hawkish Fed stance<\/strong> could push Bitcoin lower<\/strong>, while dovish signals<\/strong> could support<\/strong> a potential recovery.<\/li>\n\n\n\n
                • Regulatory and ETF trends<\/strong> will continue to impact institutional demand<\/strong> for cryptocurrencies.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

                  Bitcoin fell on Monday as traders assessed U.S. inflation data and prepared for Federal Reserve officials’ upcoming remarks on monetary policy. Bitcoin Price Update (as of 01:30 ET \/ 06:30 GMT): Bitcoin (BTC): -1.3% to $96,368.1 Key Market Drivers Lingering Inflation Concerns U.S. Consumer Price Index (CPI) data for January showed inflation remaining above the …<\/p>\n","protected":false},"author":9,"featured_media":105265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,39,36],"tags":[],"class_list":["post-111926","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=111926"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111926\/revisions"}],"predecessor-version":[{"id":111927,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111926\/revisions\/111927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105265"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=111926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=111926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=111926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}