Bitcoin News: Whale Accumulation Signals Strong Investor Confidence Amid Market Volatility

Bitcoin is experiencing a critical phase as large holders (100-1K BTC) intensify accumulation, driving market activity. Despite a volatile start to the week, with prices dropping to $89K before rebounding to $97K, analysts like Axel Adler highlight strong investor confidence. This trend is further supported by significant BTC withdrawals from exchanges, hinting at potential price increases.

Bitcoin Whale Accumulation Intensifies – Data Reveals 100-1K BTC Cohort Drives Market Activity

Bitcoin is currently at a pivotal moment after a volatile start to the week, with prices crashing to $89K before recovering to $97K. Analysts, including Axel Adler, have noted significant accumulation by large holders (100-1K BTC), indicating strong investor confidence. This trend is supported by substantial BTC withdrawals from exchanges, suggesting potential for further price increases.

Bitcoin Hits $99,000: New ATH Before Donald Trump Takes Oath?

The cryptocurrency market is showing signs of recovery from its recent dip. Bitcoin (BTC), the leading cryptocurrency, has surged to $99,000 after a recent drop to below $92,000. The global crypto market cap has increased by 1.5% in the last 24 hours, reaching $3.64 trillion. Bitcoin's price has risen by 2.4% daily, 5.3% weekly, 4.1% over the past 14 days, and an impressive 132.5% since January 2024. However, it is still down by 6.7% over the previous month. The rally in Bitcoin's price is attributed to rising investor sentiment, possibly in anticipation of a market-wide rally following the inauguration of US President-elect Donald Trump on January 20, 2025.

Bitcoin Surges Above $100k

Bitcoin briefly soared above $100,000 on Wednesday, gaining as much as 4% before dropping back below the crucial mark. At the time of writing, Bitcoin trades at $99,400, up by 2.5% over the past day, according to data from CoinMarketCap. However, despite the gains, on-chain transactions for Bitcoin dropped 37% compared to last week’s peak, signaling potential downside risks. Additionally, Bitcoin ETFs saw $209 million in outflows, dampening some of the bullish momentum.

Russia’s ‘Crypto Queen’ Charged With Stealing Bitcoin and Fiat Worth $21.3M

Valeria Fedyakina, known as Russia’s 'Crypto Queen' and 'Bitmama,' has been charged with stealing Bitcoin (BTC) and foreign currency worth $21.3 million. Prosecutors allege that Fedyakina offered clients investments in cryptocurrency with promises of high returns but failed to deliver, resulting in the disappearance of her victims' funds. Fedyakina, who built a significant social media following, portrayed herself as a 'crypto broker' and showcased an opulent lifestyle on platforms like Instagram.

Bitcoin May Target $145,000 To $249,000 Under Trump Administration: Report

According to CryptoQuant’s latest weekly report, Bitcoin (BTC) could target a price range between $145,000 and $249,000 in 2025. The report cites rising institutional capital inflows and favorable crypto regulations as key drivers of Bitcoin’s potential price appreciation. Following a flash crash to $89,256 earlier this week, Bitcoin is now striving to reclaim the $100,000 price level. A recent report by CryptoQuant predicts that BTC could peak at $249,000 this year, supported by multiple favorable factors, including a pro-crypto stance from the Donald Trump administration in the US. The report suggests BTC will reach 'at least' $145,000 in 2025, with the influx of fresh capital serving as the primary catalyst for this bullish momentum.