Bitcoin Dips Below $95K as January CPI Data Shows Increasing Inflation. Can $MEMEX 100x?

The January US CPI data is in, and it’s not what the market anticipated. Consumer prices surged by 0.5% in the first month of 2025, exceeding the expected 0.3% increase.On a year-over-year basis, CPI rose 3%, slightly above the forecasted 2.9% and higher than December’s 2.9% reading. The unexpected uptick signals persistent inflationary pressures, which could influence market expectations and Fed policy decisions.Core CPI data also delivered a disappointing surprise. The index, which excludes volatile food and energy prices, rose by 0.4% in January, exceeding the expected 0.3% increase. This marks a sharp uptick from December’s 0.2% gain, signaling that underlying inflationary pressures remain persistent.The crypto market reacted swiftly to the latest inflation data, with Bitcoin slipping below the $95,000 mark in response.Amid rising inflation and global uncertainty, Bitcoin has remained rangebound for the past two months. Since briefly surging past $108,000 during the post-election rally, the leading cryptocurrency has yet to confirm a clear breakout or breakdown.Despite this consolidation, many analysts see the current price range as a prime accumulation zone, suggesting that Bitcoin could be gearing up for its next bull run.Bitcoin May Reach $1.5M by 2030Cathie Wood, the CEO of ARK Invest, believes Bitcoin can breach the $1.5M mark by the end of 2030.Despite current turbulences, Wood believes Bitcoin is right on course for this landmark for a couple of reasons.Ever since the appointment of Trump as president, more and more institutional investors have been keen to add Bitcoin to their portfolios due to its favorable risk-reward scenario.More than 74 public companies now hold Bitcoin on their balance sheets. The total value, in fact, has increased 5x during the last year – from $11B in 2023 to $55B in 2024.ARK Invest has published a report with Bitcoin price targets under various scenarios.Under the base case assumption, BTC is expected to grow at a CAGR of 40% to hit a price of $710,000.Even in a bear case scenario, ARK Invest expected Bitcoin to reach $300,000 – more than 3x from current levels.However, the bull case scenario predicts Bitcoin reaching the $1.5M mark, growing at a CAGR of 58% for the next five years.Sure, Bitcoin has a long road ahead, with several optimistic price predictions backing its seemingly monumental growth.However, short-term turmoil like unfavorable CPI data can undoubtedly dent your portfolios. This is why we recommend taking refuge in the best crypto presales.Since these aren’t listed on exchanges yet, they remain unaffected by external conditions. With crypto set to make a strong comeback later, now’s a good time to invest in these upcoming meme coins.So, which of the best meme coins should you pick? Surely, one won’t be enough, as you need diversity in your portfolio. Enter Meme Index ($MEMEX).What Is Meme Index ($MEMEX)?Meme Index is a top trending crypto project that allows token holders to purchase a curated basket of meme coins as per their risk appetites.The crypto market is admittedly a difficult landscape to navigate, one that requires extensive research. However, not all investors are able to stay abreast with developments and end up in losses.This is where $MEMEX comes in handy. Instead of doing all the legwork, you can simply pick from four pre-designed baskets to invest in.There are four indexes you can choose from:Meme Titan Index: The Meme Titan Index tracks the top 8 meme coins with $1B+ market caps, including DOGE, SHIB, and PEPE. These established tokens offer lower volatility, making the index ideal for risk-averse investors—but with reduced risk comes limited return potential.Meme Moonshot Index: The Rising Stars Index includes meme coins on the verge of entering the top 8, all listed on tier 1 exchanges and nearing a $1B market cap. This basket provides a balanced mix of risk and reward for investors.Meme Midcap Index: This index is perfect for investors eyeing sizable yields. It contains coins with a market cap between $50M and $250M. The coins here can be quite volatile with considerable downside risk. However, they can quickly reach the Moonshot or Titan levels too.Meme Frenzy Index: The Frenzy Index is made for real risk-takers who like to live on the wild side. It contains highly volatile tokens that can make you a millionaire within a matter of days. However, they’re very, very volatile and can result in considerable losses as well.Why Can $MEMEX 100x?Meme Index ($MEMEX) is hands down the most ideal pick for investors who are new to the crypto markets. Plus, with the number of newbies only increasing, $MEMEX could very well be among the hottest tokens.Instead of randomly investing in unknown meme coins, you can bank on $MEMEX, which gives you access to smartly curated baskets by experts.Plus, each coin in a basket is included (or excluded) based on votes from community members. This ensures you’re going in the direction of market sentiments and picking only the best cryptos to invest in.For more information, check out $MEMEX’s whitepaper and its X feed.The $MEMEX presale is currently live and has already raised over $3.6M. You can get 1 $MEMEX for just $0.0161637 if you get in right now, as the next price increase is just a couple of days away.You can also stake your purchased $MEMEX tokens to earn a very healthy 633% APY as staking rewards.If this is your first time investing in a crypto presale, here’s a detailed guide on how to buy $MEMEX.However, none of the above is financial advice, and you should do your own research before investing your hard-earned money.The crypto market can be highly volatile, and it’s best you consult a professional financial advisor to be doubly sure.Weiter zum vollständigen Artikel bei NewsBTC Weiter zum vollständigen Artikel bei NewsBTC