Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention

Institutional appetite for Bitcoin has surged to new and unprecedented levels this year.  As of October 8, global bitcoin exchange-traded products (ETPs) and publicly traded companies have collectively acquired 944,330 BTC — already surpassing the total amount purchased in all of 2024.  To put this in perspective, these institutions have bought roughly 7.4 times the…

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EUR/USD raises sharply to near 1.0500 as upbeat Eurozone preliminary PMI data for January has strengthened the Euro. The ECB is widely anticipated to cut its Deposit Facility rate by 25 bps to 2.75% on Thursday. Trump’s call on immediate rate cuts and his soft tone for China have weighed heavily on the US Dollar….