Galaxy Digital Analyzes Bitcoin Market Amidst Rising Volatility
New York, Friday, 24 October 2025.
Experts from Galaxy Digital, including Alex Thorn and James Check, discuss whether ‘OG whales’ are offloading Bitcoin, amid rising interest rates and regulatory challenges affecting the crypto market.
Current Market Dynamics
The Bitcoin market is witnessing heightened volatility exacerbated by the actions of significant holders, commonly referred to as ‘OG whales.’ These entities are reportedly net selling their assets, contributing to market fluctuations. This trend was a focal point in a recent episode of the Galaxy Digital podcast, where Alex Thorn and James Check provided in-depth insights into these dynamics [1].
Impact of Rising Interest Rates
The discussion also highlighted the influence of rising interest rates on the Bitcoin market. As central banks globally adjust their monetary policies to combat inflation, the cost of capital increases, potentially leading to reduced investments in high-risk assets like cryptocurrencies. This shift in economic policy is seen as a critical factor influencing investor sentiment and market stability [1][5].
Regulatory Challenges
Regulatory scrutiny is another significant factor impacting the cryptocurrency market. Governments and financial institutions are increasingly focusing on implementing frameworks to regulate digital currencies, which could lead to tighter controls and compliance requirements for market participants. Such regulatory pressures could influence the strategic decisions of investors and firms operating within the crypto space [1][3].
Future Price Movements
Experts from Galaxy Digital speculated on potential future price movements for Bitcoin. With the market currently testing key resistance and support levels, the outcome of these tests could signal either a continuation of the current bullish trend or a shift towards bearish conditions. As of October 24, 2025, Bitcoin’s price stands at USD 110,470.91, having recently broken resistance at 109,600 points [2][4].