Why is crypto pumping? Watch The Market Report live

cointelegraph.com:

This week on The Market Report, the resident experts at Cointelegraph discuss the real reasons behind the recent price pump in the market. Can this lead to a $25,000 Bitcoin (BTC) and beyond, or will some unforeseen event ruin the party? Tune in to find out.

We start off this week’s show with the latest news in the markets:

Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K

Bitcoin rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is that the move brought demand from Asia-based retail investors, according to data from a key stablecoin premium indicator. Another bit of bullish information came on Jan. 20 after United States Federal Reserve Governor Christopher Waller reinforced the market expectation of a 25 basis point interest rate increase in February. Do these and other odds favor a rally toward $24,000 or maybe even $25,000? 

SEC commissioner reminds of ‘the point of crypto’ as market aims for recovery

Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission, said that after a terrible year, industry players need to remember what crypto is really about. In a speech at the Digital Assets at Duke conference, Peirce laid down some lessons to be learned from the issues that the crypto industry had to face last year. According to the commissioner, 2022 was a “terrible, horrible, no good, very bad year” for both the crypto space and regulators. However, Peirce believes there are valuable takeaways from the series of problems that arose last year. To find out what she thinks crypto is really about, make sure to tune in to the live show.

Bitcoin price stays near $23K as data