✨ Happy Sunday, BSCSians! Next week, I am ___ on #BSCS 😉 #BSCSpoll
anonymous poll

🐂 BULLISH – 27
👍👍👍👍👍👍👍 41%

🔄 All of the above – 19
👍👍👍👍👍 29%

💪 Continue to HODL – 13
👍👍👍 20%

💸 Keep BUYING – 7
👍👍 11%

👥 66 people voted so far.

🔊Weekly Market Highlights #81: January 15 - January 21

✨The third week of January 2024 saw BTC decline because of stock conversion pressure from Grayscale's GBTC, followed by many other large-cap altcoins. However, a few names still emerge as the focus of attention.

✨Over the past week, the crypto market increased by ~$38B (from ~$1,585B to ~$1,623B) of its total capitalization.

✨BTC’s Stagnation Continues
✅BTC continues to decline after ETF approval. From a 21-month high of $49K, BTC continued to fall to a depth of $40.3K on Friday.

✅When Saturday arrived, the cryptocurrency had recovered some of its losses and stood at around $41.5K. Since then, there has been a tiny actual price movement. At the time of writing, BTC is still struggling at this mark.

✅Its market cap now stands at ~$808B, and its Dominance over other coins sits at less than 50%.

✨Altcoins Bleed
✅On a weekly scale, most major Altcoins are in the red, with double-digit losses, such as NEAR (15%), ARB (14%), ICP (14%), AVAX (11%), MATIC ( ten%). ETH, TRX, and TON have a lighter price drop of ~5%

✅Sui is one of the layer-1 with the most outstanding development recently. After increasing the price by 85% and re-establishing the ATH mark, Sui Network also entered the top 15 leading blockchains regarding transaction volume. Right now, SUI is trading at ~$1

✅BSCS is trading at $0,01436: +4,60% from its 7-day all-time low of $0,01373.

✨Bitcoin Fear and Greed Index is 55 - Greed, higher than at the beginning of the week (52)

✨Dominance:
✅BTC: 49.8%
✅ETH: 18.1%

📣See you next week 😎

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