🆕24h Crypto Market Overview
⏰Thursday, January 09, 2025
♨️Overview:
Bitcoin continued to correct strongly overnight, reaching the 92K zone, triggering the liquidation of nearly 600M leveraged orders before recovering to the current 95K zone. The market will continue to be sensitive to the period approaching the time Trump takes office as US President on January 20, 2025. The end of 2024 marks a record $44.2B in global inflows, nearly 4 times the previous record set in 2021.
Non-farm payroll data will be released tomorrow, the market is expected to have many fluctuations before, during and after the news.
♨️ETF Updating (08/01/25):
💰Bitcoin ETF Spot: 🔴$20.2M
🔹Etherium ETF Spot: 🔴11.7M
🎯Weekly Highlights:
▪️Friday: US releases Non-farm payrolls and unemployment
▪️Canada likely to have a new pro-crypto prime minister
▪️US-China trade war expected to benefit Bitcoin price
▪️CFTC chairman resigns on Trump inauguration day.
❇️Top Gainers/Decliners:
🟢$GT 5% 🔴$MOVE 10%
🟢$OM 4% 🔴$RUNE 10%
🟢$XRP 3% 🔴$INJ 9%
🆕Hot News:
- Arthur Hayes' investment fund reveals investment in 6 DeSci tokens👉DLNews
- BNB is the 3rd coin after BTC, ETH chosen by Bhutan's special city as a store of value👉GMCBhutan
- BackPack acquires FTX Europe for $34.7M👉CoinDesk
- Movement Lab raises another $100M, raising valuation to $3B👉Forturn
- CFTC Chairman says it will take at least 2 years to have a regulation on US crypto year👉Theblock
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