CoinVoice has recently learned that, according to the official website, Nexo's latest Dispatch report discusses the recent cryptocurrency market:
Bitcoin: Bitcoin reaching $100,000 may become a key support zone, and the $2 billion inflow into spot ETFs in early January further solidified this support level. Historical trends indicate that Bitcoin may rise further in January, having previously increased by 20-30% during this period. The report also notes that institutional investors like MicroStrategy will continue to accumulate Bitcoin.
Ethereum: With the number of long-term holders continuously increasing (currently accounting for over 75% of investors) and strong inflows into spot ETFs, combined with high leverage in the futures market, optimism about this asset's performance in 2025 suggests that Ethereum is also likely to experience growth.
Solana: At the beginning of 2025, Solana faces potential resistance due to a surge in market activity, and its development trajectory remains uncertain. Although technical indicators show bullish momentum, a sell-off may occur.
Meanwhile, the broader cryptocurrency market is facing volatility due to billions of dollars in tokens being unlocked this month, with daily releases of assets like Solana and Dogecoin (DOGE) expected to impact short-term price movements.
The report emphasizes that macroeconomic factors such as U.S. labor market statistics are important influences on cryptocurrency demand, particularly for Bitcoin. [Original link]
