January consumer price data could help set the tone for the Federal Reserve, which will have a knock-on effect on crypto prices.

Bitcoin posted over a 9% gain in January, reaching an all-time high of $109,000 on Jan. 20, fueled by optimism surrounding Trump’s crypto-friendly stance following his inauguration.

The tokens soared in the run-up to Donald Trump's inauguration, but since the president took office they've been trading in tandem with more traditional assets.

Moreover, the Turkish Citizenship by Investment (CBI) program allows investors to gain citizenship by purchasing property worth at least $400,000. With cryptocurrency integration, the process becomes even more efficient, attracting global buyers looking for both investment opportunities and a second passport.

Bitcoin was edging higher on Wednesday, but other cryptocurrencies were having a tougher time of it ahead of a fresh batch of inflation data that could determine if the Federal Reserve will be able to cut interest rates in 2025.

XRP has dropped 2.36% in the last 24 hours, trading at $2.43 as market participants digest former US President Donald Trump’s sweeping tariff announcements. The digital asset’s decline aligns with broader market volatility following Trump’s renewed protectionist stance,