TechFlow news — On January 15, according to Cointelegraph, the crypto market saw its largest short squeeze since the "October 11 crash" on Wednesday, as investor sentiment shifted from fear to greed. Nicolai Sondergaard, research analyst at blockchain analytics platform Nansen, said rising uncertainty over the Federal Reserve's independence and growing geopolitical concerns are structural tailwinds for Bitcoin. While precious metals remain the primary beneficiaries in the current market environment, Bitcoin is increasingly becoming part of the conversation around alternative reserve assets. The criminal investigation into Federal Reserve Chair Jerome Powell could introduce a "risk premium" for BTC. Market data shows that Bitcoin has risen 10.6% year-to-date, compared to a 0.75% gain in the U.S. Dollar Index (DXY) over the same period.
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