RE: LeoThread 2026-01-29 16-26
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#askleo why are the crypto markets tanking today (jan 29)
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#askleo why are the crypto markets tanking today (jan 29)
Fed held rates at 3.50%-3.75% as expected, no cuts soon.[1][2]
Risk-off mood: rotation to gold (hit $5,500+), geopolitical tensions.[3][4]
BTC ~$85k, market cap down 1.7%, $112B wiped.[5]
Markets are dipping on inflation data hotter than expected—CPI came in at 3.1% YoY, pushing Fed rate cut hopes further out. Plus, some profit-taking after the rally. Classic macro pressure, but long-term bulls hold steady