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Bitcoin lunch: price BTC stable, crypto mix: bad numbers and good news

Lunchtime in the financial markets means it’s time for our Bitcoin lunch. We look, of course, at the live Bitcoin price and the prices of the top 25 crypto. We also look at bad and worrisome numbers on institutional capital, the short-term outlook and good prospects.

We begin, of course, with the live Bitcoin price and the prices of the top 25 crypto.

Live Bitcoin price stable, prices top 25 crypto exchange

At the time of writing, the live Bitcoin price is EUR 36,954.70 ($41,905). This is 0.88% higher than yesterday at lunchtime and also higher than when the US markets closed last night.

When we look at the prices of the top 25 crypto we see mixed results. We still see some red numbers, with Crypto.com coin (CRO) posting the highest negative result in 24 hours at -2.68%. However, we also see that positivity is returning. In fact, most of the share prices record a daily gain. The best result is for Near (NEAR), which recorded +12.88% in 24 hours. Of course, you can view all live crypto prices 24 hours a day on the Tradeincrypto.com site.

We also see this ambivalence when we look at the latest news about Bitcoin. We see bad news, uncertainty and good prospects.

Worrying figures about institutional investors in BTC

If we want to start with the bad news, we need to look at the outflow of institutional investors. More simply put, the numbers on the number of corporate/professional investors who first invested in Bitcoin but are now exiting. Coinshares reported that $207 million worth of Bitcoin investments disappeared from the market in the past week alone, $107 million of which was invested by institutional investors. In total, the value of crypto assets managed by asset managers fell below $56 billion.

Ethereum (ETH) is also experiencing rapid outflows. In 5 weeks, institutional investors exited to the tune of $200 million. The entire report from Coinshares can be viewed here.

Bitcoin heads for a volatile week

According to analysts at FXStreet, Bitcoin is headed for a volatile week. This is particularly related to expectations regarding the Fed’s policy of tapering the Corona Tun and accelerating inflation.

With new inflation data coming out on Wednesday and increasing pressure on the FED to provide more insight into their policy before the first meeting (on January 25 and 26). This could well happen today when FED Chairman Powell appears before Congress to testify about economic developments. In any case, investors are restless. In the worst case scenario, this will remain so until January 26 when the Fed formally clarifies.

Good prospects for Bitcoin in 2022 according to Bloomberg

Bloomberg analysts analyzed the Bitcoin outlook for the full year. Although the start so far is bearish they are optimistic. They foresee a good year, in which Bitcoin’s returns may prove better than those of (U.S.) stocks. Also based on historical analysis they see good prospects for suspecting a Bull-run to record prices.

In the quite technical and theoretical analysis, they even speak of a win-win situation for crypto. It is notable, however, that they do not include one important factor in the analysis that you can read here. The uncertainty about increasing regulatory pressure and the effect of any upcoming regulations on Bitcoin and other crypto may well undermine this technical analysis.

Want to stay up to date with the latest price developments?

You can always follow the developments yourself with our WANT crypto analyses or the background articles and previews on the crypto market and Bitcoin. Of course, you can also follow the live quotes 24 hours a day if you want to stay informed in real time. Are you interested in other investments besides crypto? Then our weekly price forecast might be a reading tip.

Note: We never give financial advice, so our contributions should not be interpreted as such. Always do your own research and decide rationally if, when, what and how much you want to invest in.