🔊Weekly Market Highlights #131: December 30 - January 5

✨The cryptocurrency market in the first week of 2025 mirrors the final week of 2024, with minimal significant changes, as many projects remain resting, preparing for the next growth phase.

✨Over the past week, the crypto market total capitalization increased by ~$180B (from ~$3325B to ~$3505B).

✨BTC at $98K
✅BTC had a rough start to the business week. Over the weekend, it struggled to hold above $94K before losing that support and plunging on Monday. The cryptocurrency dropped around $3K, hitting a monthly low of $91,3K.

✅While many expected further correction below $90K, the bulls stepped in to prevent another major drop. Instead, BTC began recovering, experiencing significant fluctuations but avoiding a worse decline.

✅By Friday, BTC had surged to $99K but faced resistance and retreated to $98K. Over the weekend, it traded within a narrow range and currently sits just above $98K, marking a 3.3% weekly gain.

✨Alts in Weekly Recovery
✅Most altcoins are posting strong weekly gains. ETH is up over 6%, trading above $3,600, while XRP has surged 9% to approximately $2.40.

✅Among larger-cap altcoins, ADA and DOGE lead the pack, both recording double-digit increases, with ADA soaring by 22%.

✅Other notable performers include SUI, which hit a new all-time high, along with XLM and AVAX. Meanwhile, TON and BNB have slipped slightly into the red for the week.

✅Total 2 Index (Marketcap excluding BTC) is now at $1473B

✨Bitcoin Fear and Greed Index is 76 - Extreme Greed, higher than at the beginning of the week (65)

✨Dominance:
✅BTC: 55.7%
✅ETH: 12.5%

📣See you next week!

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