Bitcoin, ether ease after early January pop as markets price fed cuts

In early January, both Bitcoin and Ether experienced a significant increase in value, capturing the attention of investors and cryptocurrency enthusiasts alike. However, shortly after this notable rise, both cryptocurrencies began to ease and retrace some of their gains. This decline can be attributed to the markets adjusting their expectations regarding potential interest rate cuts by the Federal Reserve. As investors reassess economic conditions and consider the implications of the Fed's monetary policy, it appears that the initial surge in the value of these digital assets has led to a subsequent cooling-off period. source: https://www.coindesk.com/markets/2026/01/08/bitcoin-ether-ease-after-early-january-pop-as-markets-price-fed-cuts