Overview of Key Events Influencing the Cryptocurrency Market in January 2025:

1. On January 10, the market welcomed the release of employment data from December of the previous year, which played a key role in the fluctuations of market interest rate cut expectations.

2. On January 20, the inauguration of former U.S. President Trump. There is widespread expectation that he will introduce a series of new policies closely related to the cryptocurrency industry, which are seen as positive driving factors for the crypto market.

3. On January 31, the Federal Reserve's interest rate meeting became the focus of market attention. Notably, on the prediction platform Polymarket, the probability of the Federal Reserve possibly pausing interest rate cuts in January was as high as 91%, and this expectation undoubtedly had a profound impact on the cryptocurrency market.

In addition, during January, several listed companies successively released their fourth-quarter financial reports. The operational conditions and performance reflected in these reports also largely influenced investor confidence and decisions, thereby indirectly impacting the trends in the cryptocurrency market.