JAKARTA - The crypto market is re-green after the easing of US CPI inflation data, which provides hope for the potential for the Fed's inflation target to be achieved at 2 percent.

The price of Bitcoin is perched at the level of 99 thousand to reach 100 thousand US dollars (Rp1.61 billion), after falling at the level of 95 thousand US dollars (Rp1.53 billion) in early January.

Responding to these conditions, crypto analyst from Reku, Fahmi Almuttaqin said the greening of the crypto market indicates investors' growing confidence in the potential interest rate situation that will be lower than the current level in the near future.

In addition, Donald Trump's inauguration which will be held on January 20 is also a positive momentum for the crypto market.

"The momentum of Trump's inauguration and his initial breakthroughs, especially for the crypto industry and market, can help strengthen the existing momentum," explained Fahmi.

However, even though the current market conditions are quite positive, Fahmi said that the caution and responsiveness of investors towards the development of existing situations is still very much needed to maintain the growth of its investment portfolio.

Current market momentum can also be utilized by investors to optimize their portfolio performance by taking more trading positions to take advantage of the volatility in strategic assets while monitoring the potential for the next rally.

"It remains important for investors to do good research and analysis to choose assets with growth potential and risk levels according to their respective investment profiles," he said.

For investors who tend to prioritize the fundamentals of an asset, Fahmi advises investors to be able to invest in crypto assets that have the largest market capitalization.


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