January 14 Futures Market Update

Bitget App

Trade smarter

Bitget

News

Markets

January 14 Futures Market Update

Bitget2025/01/14 06:00

By:Bitget

Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report

Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday's strong jobs report. The leading cryptocurrency by market value dipped below $93,000 during the European hours, representing a 1.6% drop on the day. Prices looked set to test the support zone near $92,000, which has consistently acted as a floor since late November.

In traditional markets, futures tied to the S&P 500 traded 0.3% lower, pointing to an extension of Friday's 1.5% drop that pushed the index to the lowest since early November. The dollar index (DXY) neared 110 for the first time since late 2022, with elevated Treasury yields supporting further gains.

Data released Friday showed nonfarm payrolls increased by 256,000 in December, the most since March, surpassing expectations for 160,000 job additions and the previous figure of 212,000 by a big margin. The jobless rate declined to 4.1% from 4.2%, and the average hourly earnings came in slightly lower than expected at 0.3% month-on-month and 3.9% year-on-year.

That prompted Goldman Sachs to push out the next interest rate cut to June from March. "Our economists now expect the Fed to cut just twice in 2025 (Jun/Dec vs Mar/Jun/Dec previously), with another rate cut in June 2026, Goldman's Economic Research note to clients on Jan. 10 said. "If December's FOMC decision marked a significant shift back towards inflation in the Fed's relative weighting of risks, the December jobs report may have completed the pendulum swing. The soft average hourly earnings figure kept the print from sending a more alarming re-heating signal, but the case for cutting to mitigate risks to the labor market has faded into the background," the note explained.

Source: CoinDesk

Futures Market Updates

More bulls were eliminated after a better-than-expected U.S. job report.

Bitcoin Futures Updates

Total BTC Open Interest: $56.76B (-0.40%)

BTC Volume (24H): $147.61B (+153.45%)

BTC Liquidations (24H): $104.78M (Long)/$56.76M (Short)

Long/Short Ratio: 49.16%/50.84%

Funding Rate: 0.0083%

Ether Futures Updates

Total ETH Open Interest: $28.52B (-2.80%)

ETH Volume (24H): $69.92B (+177.59%)

ETH Liquidations (24H): $140.67M (Long)/$56.80M (Short)

Long/Short Ratio: 47.65%/52.35%

Funding Rate: 0.0058%

Top 3 OI Surges

AVAAI: $16.53M (+242.30%)

A8: $3.05M (+110.06%)

OVER: $92.32K (+81.37%)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Zcash (ZEC) tests critical $380 Fibonacci support as price falls below $480, triggering bearish technical signals like a double-top pattern. - Grayscale's proposed Zcash ETF (ZCSH) aims to institutionalize ZEC access but risks amplifying volatility if demand exceeds supply. - Fed's cautious rate-cut projections and declining on-chain activity (open interest, volume) highlight tension between macro optimism and weak near-term fundamentals. - Templar Protocol's ZEC-native lending feature enhances DeFi util

Bitget-RWA•2025/11/29 07:26

Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?

Bitcoin News Update: Ark Invest Makes Daring Moves in Crypto and AI Despite Market Slump

- Ark Invest spent $88M on crypto assets in November 2025, defying market declines by buying undervalued tech/crypto equities. - Major purchases included $25M in Coinbase , Circle , and Block shares, now holding 5.22% of ARKK's portfolio. - CEO Cathie Wood contrasted current AI/crypto growth with past bubbles, viewing downturns as strategic buying opportunities. - The firm also invested $56M in Alphabet and $29.4M in AI firm CoreWeave , emphasizing sector readiness over speculation. - With Bitcoin near $87

Bitget-RWA•2025/11/29 07:10

FCA's Crypto Sandbox Strives to Foster Innovation While Safeguarding Investors

- Coinbase and Kraken join UK FCA's crypto sandbox to test new disclosure rules, aiming to boost transparency and align with global standards. - FCA's 2026 roadmap mandates detailed risk assessments for unbacked crypto, stablecoins, and tokenized assets, with Eunice developing compliance templates. - U.S. regulators and banks like U.S. Bancorp parallel efforts, testing stablecoins and emphasizing structured oversight to mitigate depegging risks. - Coinbase's regulatory engagement spans FCA, SEC, and global

Bitget-RWA•2025/11/29 07:10