Overview
- U.S. CPI rose 2.7% year over year in December with core at 2.6% and a 0.3% monthly increase, and futures implied roughly 95%–97% odds the Fed holds rates this month.
- Bitcoin traded back above $93,000, recently near $93,406 per CoinGecko, with 24-hour volume up about 20% to $88.9 billion.
- Gold touched a record near $4,588 per ounce as investors sought safety after Powell said the DOJ threatened criminal charges tied to his 2025 testimony and confirmed an investigation is underway.
- Data providers pointed to weak institutional demand and roughly $4.66 billion in cumulative net outflows from U.S. spot Bitcoin ETFs since November, though Monday saw a $116.7 million net inflow.
- Leverage resets continued with roughly $189–$200 million in liquidations over 24 hours, while privacy coins outperformed as Monero hit a new all-time high near $700.