Market overview on January 29
📌 24-hour price movements:
- The market temporarily adjusted slightly after the last 2 days of a green increase.
- BTC closed the weekly candlestick green, retreating strongly from $38k5 to the $42k area.
- This week there will be news about FED's interest rates, which is expected to cause market fluctuations.
- More than $31 million in stablecoins were deposited into Nansen exchanges in the last 24 hours.
📌 Strongest increase/decrease:
- $MANTA (-7.6%)
- $HNT (-6.4%)
- $CHZ (-6.3%)
📌 Outstanding cash flows on Binance:
- Layer 1: $INJ, $AVAX
- Avanlanche Ecosystem: $AVAX,$JOE