🔊Weekly Market Highlights #134: January 20 - January 26

✨This week marked a historic milestone as President Trump became the first U.S. President to support crypto openly. He began fulfilling promises, including forming a crypto advisory council and exploring a digital asset reserve.

✨BTC hit a new ATH, while ETH faced internal disputes. The week also saw efforts to launch crypto ETFs, Binance Labs' rebranding, and major BTC buys by institutions.

✨Over the past week, the crypto market total capitalization increased by ~$149B (from ~$3456B to ~$3605B).

✨BTC Holds Steady at $105K
✅BTC had a wild start to the business week. On Monday morning, it plunged from $106K to below $100K before skyrocketing to a new all-time high of over $109K. However, as Donald Trump’s inauguration speech did not mention crypto, the market experienced heightened volatility before, during, and after the event.

✅After a drop to $101K, the bulls prevented further decline into five-digit territory. BTC rebounded to $107K midweek but faced resistance, sliding by $3,000 on Saturday morning. It has since recovered slightly and is now trading about $1,000 higher with minimal movement.

✨Featured News
✅After taking office, President Trump issued an Executive Order mandating the creation of a special task force to explore a national digital asset reserve initiative and draft a legal framework to support the cryptocurrency industry.
Source: https://www.cnbc.com/2025/01/23/trump-signs-executive-order-on-crypto-digital-asset-stockpile.html

✅Binance Labs has rebranded as YZi Labs, marking a new phase of growth with an expanded investment focus on AI and biotechnology (Biotech).
Source: https://x.com/BinanceLabs/status/1882428195267559770

✅In his latest blog post, Vitalik Buterin detailed the development strategy for the Ethereum network in 2025 and beyond.
Read the full blog here: https://vitalik.eth.limo/general/2025/01/23/l1l2future.html

✅In a week of attention on $TRUMP, most other altcoins ended up slightly in the red.

✅Total 2 Index (Marketcap excluding BTC) is now at $1465B

✨Bitcoin Fear and Greed Index is 73 - Greed, lower than at the beginning of the week (76)

✨Dominance:
✅BTC: 57.7%
✅ETH: 11.1%

📣See you next week!

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🔊Weekly Market Highlights #135: January 27 - February 2

✨This week, the cryptocurrency market experienced significant volatility, influenced by geopolitical tensions and regulatory developments.

✨Over the past week, the crypto market total capitalization decreased by ~$384B (from ~$3605B to ~$3221B).

✨BTC Volatility Amid Trade War Concerns
✅BTC had a turbulent week, starting at $106K and plunging below $100K following President Trump's announcement of new tariffs on imports from Mexico, Canada, and China.

✅Investor anxiety over a potential trade war led to a sell-off in risk assets, including cryptocurrencies. BTC hit a three-week low of $91K before recovering slightly to trade around $94K

✨Featured News
✅India Reassesses Cryptocurrency Stance: India is reevaluating its crypto position in response to shifting global regulations. Economic Affairs Secretary Ajay Seth emphasized the need for a collaborative regulatory approach, acknowledging the borderless nature of digital assets.
Source: HERE

✅Grayscale Launches Dogecoin-Focused Fund: catering to increasing investor demand for altcoins beyond BTC and ETH.
Source: HERE

✨Altcoin Market Performance
✅ETH declined over 25%, trading at approximately $2500.

✅BNB decreased by ~20%, trading at $555.

✅SOL fell ~20%, trading at $198.

✅Total 2 Index (Marketcap excluding BTC) is now at $1205B

✨Bitcoin Fear and Greed Index is 44 - Fear, lower than at the beginning of the week (73)

✨Dominance:
✅BTC: 61.4%
✅ETH: 9.9%

📣See you next week!

⭐️ BSCS Official Media Channels:
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🔊Weekly Market Highlights #136: February 3 - February 9

✨This week, the cryptocurrency market experienced volatility, primarily influenced by geopolitical tensions from new U.S. tariffs.

✨Over the past week, the crypto market total capitalization decreased by ~$70B (from ~$3221B to ~$3151B).

✨BTC Back to $97K
✅The past weekend was tough for BTC as President Trump’s tariffs on China, Canada, and Mexico triggered a market-wide sell-off. BTC plunged from $106K on Friday to $97K by Sunday.

✅The correction deepened on Monday as BTC fell below $92K, but the bulls stepped in, preventing a drop under $90K. BTC then surged back to $102K, losing momentum and retreating below $100K.

✅A second attempt to reclaim six figures on Friday failed, pushing BTC to $96K before recovering to $97K.

✨Featured News
✅The crypto market may have just experienced its largest liquidation event in history, according to Bybit CEO Ben Zhou. Over $2.3 billion in crypto assets were liquidated within 24 hours following President Trump’s tariff announcement, triggering a massive sell-off. Zhou estimates the real liquidation figure could be $8-10 billion, as API limitations may have underreported data. This event surpasses past collapses like FTX and LUNA.
Source: HERE

✅American foundations and university endowments are reportedly increasing their cryptocurrency investments amid a market boom. For example, the University of Austin is raising a $5M BTC fund, marking the first of its kind among the country's endowments and foundations.
Source: HERE

✅The SEC has officially acknowledged filings for XRP, Solana, and Litecoin ETFs, marking a potential shift in regulatory stance under new SEC leadership. Prediction platforms estimate an 85% chance of Solana ETF approval in 2025.
Source: HERE

✅Total 2 Index (Marketcap excluding BTC) is now at $1195B

✨Bitcoin Fear and Greed Index is 43 - Fear, lower than at the beginning of the week (44)

✨Dominance:
✅BTC: 60.7%
✅ETH: 10.1 %

📣See you next week!

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter