January 27 News, as the Federal Reserve’s FOMC meeting on January 27-28 approaches, Bitcoin and XRP prices have shown strong resilience, and the overall crypto market has experienced a slight rebound. Over the past 24 hours, the total market capitalization of digital assets has increased by approximately 0.95%, with some institutional funds flowing back in as the main driving force. Bitcoin is currently hovering around $88,000, Ethereum remains above $2,700, and gold and silver have also strengthened simultaneously, providing emotional support for risk assets.
The market generally expects the Federal Reserve to keep the current federal funds rate target range of 3.5% to 3.75% unchanged at this meeting. After three consecutive rate cuts, policymakers are becoming more cautious amid still-high inflation. The December meeting minutes showed that several officials favored slowing the pace of easing to avoid a rebound in price pressures. Investors are closely watching the FOMC statement for comments on inflation and economic growth, which will directly influence risk appetite and capital flows.
Regarding Bitcoin, the price has stabilized after a short-term correction and rebounded slightly within 24 hours. Data shows that the US spot Bitcoin ETF recorded a net inflow of about $6.84 million, ending several days of outflows, indicating some institutions are repositioning. If bullish momentum continues, Bitcoin may challenge the $90,000 level and even reach into the $92,000 region.
XRP also shows signs of recovery, rising about 0.8% in the past day. Despite short-term pressure, the overall trend over the past 30 days remains upward. ETF fund inflows related to XRP amount to approximately $7.76 million, reflecting restored institutional confidence. Meanwhile, the tokenized asset scale on the XRP Ledger has surpassed $1 billion, open interest has risen to about $3.4 billion, and on-chain activity continues to increase. If market sentiment remains stable, XRP still has the potential to push above $3.
Ahead of the FOMC announcement, both Bitcoin and XRP are at critical technical and emotional levels. The combination of stable interest rates and ETF fund inflows could provide momentum for a short-term rebound, while any hawkish signals might also bring new volatility.
Related Articles
Wyoming-based Bitcoin reserve investment company Strive holds approximately 7,580 shares
Chamath Palihapitiya: Bitcoin as a Central Bank Reserve Asset Has Structural Flaws
Ex-OpenAI Researcher Hedge Fund Bets Big on BTC Miners in SEC Filing