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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. BlackRock Expands BUIDL Fund to Solana
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.
