Bitcoin Holds $105,000 Amid Weaker U.S. Q4 GDP Report

Jan 31 2025 bitcoin


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Bitcoin aimed to hold $105,000 when the U.S. Q4 GDP report came in lower than expected at 2.3%, missing the forecast of 2.5%. Analyst Michaël van de Poppe pointed out that the market quickly responded to the GDP result, with yields and the dollar falling, Ethereum rising sharply compared to Bitcoin, and altcoins seeing significant …