Crypto Daybook Americas: BTC Volatility Drops on 'Wait and See' Stance as FOMC Minutes Due

Bitcoin's volatility has decreased since January 20th, falling from 72 to around 50.8 on the Deribit exchange. This suggests bitcoin is becoming more stable, similar to commodities or safe-haven assets. Meanwhile, MicroStrategy plans to raise $2 billion to buy more bitcoin. Traders are awaiting the Federal Reserve's January meeting minutes for insights on potential tariff impacts. U.S. and Russia are negotiating to end the war in Ukraine, but the exclusion of Ukraine and Europe is a concern. Bitcoin is currently priced at $96,356.41, up 0.79% in the last 24 hours, and Ether is at $2,735.66, up 1.54%. The CoinDesk 20 index is up 1.12% to 3,195.66. The dollar index is at 107.20, gold is at $2,944.53/oz, and silver is at $33.05/oz. Spot Bitcoin ETF flows saw a daily net outflow of $60.7 million, while spot Ether ETFs had a daily net inflow of $4.6 million. The Solana (SOL) to Bitcoin (BTC) price ratio has declined, suggesting SOL may continue to underperform. The stablecoin Agora Dollar (AUSD) on the Solana blockchain has reached a market capitalization exceeding $100 million.