🔊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:
Website | Telegram | Substack | Twitter

🔊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

🔊Weekly Market Highlights #137: February 10 - February 16

✨After last week's dump, the crypto market rebounded in the second week of February 2025, with major headlines stirring public interest. Pi Network announced its open main net launch. Meanwhile, new celebrity-linked meme coins featuring ex-Binance CEO CZ, Argentina’s President, and the President of the Central African Republic grabbed attention.

✨Over the past week, the crypto market total capitalization increased by ~$44B (from ~$3151B to ~$3195B).

✨BTC Barely Moves
✅BTC traded between $95K and nearly $99K throughout the past business week, experiencing heightened volatility driven by Trump’s proposed tariffs on select imports and the latest CPI data from the U.S. Bureau of Labor Statistics.

✅Despite the fluctuations, the weekend remained stable, with BTC holding around $97K on February 15 and consolidating at that level. This marks only a 0.5% change over the week.

✨Featured News
✅Pi Network will officially transition to Open Network on February 20, allowing free PI trading after years of restrictions. OKX will list PI on the same day
Source: LINK

✅Shares of GameStop and MicroStrategy surged after a photo of their CEOs, Ryan Cohen and Michael Saylor, surfaced online, sparking speculation that GameStop could potentially adopt crypto.
Source: LINK

✅Binance’s reserves fell from $14B to $6B in February, sparking investor concerns. The exchange claims the drop is due to accounting adjustments but has not provided proof. Speculation links the drop to regulatory settlements or investment shifts.
Source: LINK

✨ Celebrity-Linked Memecoins Take the Spotlight
1️⃣ $LIBRA & Argentina’s President Javier Milei – Promoted by Milei, $LIBRA surged before crashing, leading to investor losses and impeachment threats.
Source: LINK

2️⃣ $CAR & Central African Republic’s President – Launched as a national unity project, $CAR hit a $900M market cap, but concerns over deepfake promo videos raise doubts.
Source: LINK

3️⃣ CZ & Broccoli Memecoin – Inspired by CZ’s pet dog, Broccoli-themed meme coins skyrocketed, but CZ denied involvement and warned investors.

📊 Market Indicators
✨Bitcoin Fear and Greed Index is 51 - Neutral, lower than at the beginning of the week (43)

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

✨Dominance:
✅BTC: 59.7%
✅ETH: 10.1 %

📣See you next week!

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