Bitcoin meets FOMC after 39% January gains with Fed path 'uncertain'
![](data:image/svg+xml;utf-8,<svg xmlns="http://www.w3.org/2000/svg" width="883" height="588" />)
The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy.
End of Bitcoin bear market is "default view"
Data from Cointelegraph Markets Pro and TradingView confirmed a monthly close of around $23,100 for BTC/USD — its highest since July 2022.
The largest cryptocurrency finished the first month of the year up 39.6%, according to statistics from Coinglass.
The impressive performance emboldened bulls, many of whom had kept the faith despite mass misgivings from more conservative market participants.
“Bitcoin closes with a Monthly swing low,” trader, entrepreneur and investor Bob Loukas reacted.
4 comments