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Okay, here’s a revised version of the Bitcoin world’s current events, reworded for better understanding:
**Bitcoin ETFs Experience Gains, Cost Approaches $102,000 as the World Awaits the Fed’s Decision**
Following a slight instability, US Bitcoin ETFs are once again profitable, drawing in new funds on January 28. This has assisted in increasing Bitcoin’s value to approximately $102,000. Currently, everyone is focused on the forthcoming Federal Open Market Committee (FOMC) gathering, which might substantially affect the market.
Statistics reveal that a group of Bitcoin ETFs saw a total influx of $18.44 million on Tuesday. This occurs after a prior day in which worries about a well-known Chinese AI program known as DeepSeek frightened investors, resulting in a sell-off in technological equities and cryptocurrency.
BlackRock’s IBIT ETF was the highlight, attracting over $30 million. It now has approximately $40 billion in total net inflows and has almost $59 billion in assets. However, ARK and 21Shares’ ARKB saw outflows of more than $11 million, partially negating the positive drive.
On January 28, total trading volume for these ETFs was roughly $2.49 billion, down from the $4.8 billion seen the day before.
Bitcoin itself has recovered after briefly falling to about $100,000. It has been holding above six figures for the past day, and traders are preparing for the FOMC meeting, which is only a few hours away.
The market widely anticipates the Federal Reserve to maintain interest rates constant. However, experts caution that if Fed Chair Jerome Powell adopts a rigid stance on monetary policy, Bitcoin may face renewed downward forces.
Matt Mena, a crypto research strategist at 21Shares, is carefully monitoring the situation.
In light of the stock market’s recent instability, the probability of an interest rate increase is “almost nil.” Nevertheless, a surprising 25-basis-point rate reduction could act as a strong trigger for a surge in risky assets, encompassing Bitcoin. Solana (SOL) Cost Forecast and Examination
