👀 Crypto Market Overview

〽️ Sideways movement continues. However, major altcoins are in the green today. Waiting for Monday to get a clearer picture.

🪙 BTC is trading around — $95,149

🔷 ETH is hovering around — $3,403

📈 Top gainer in 24h — CRV +11.64%

📉 Biggest drop in 24h — BGB -6.89%

📊 Indicators:

😨 Fear & Greed Index — 73

💲 Altseason Index — 49

📈 Long/Short Ratio — 49/51

💰 Crypto Market Cap — $3.25T

👑 BTC Dominance — 57.79%

👨🏾‍⚖️ Blockchain Association and two other groups have filed a lawsuit against the US IRS to challenge a new rule requiring DeFi brokers to collect and report user information.

😆 BTC’s clean energy usage now exceeds 50%. Elon Musk previously stated Tesla would accept BTC payments again once this threshold was reached.

🪙 BlackRock and MicroStrategy collectively hold nearly 1,000,000 BTC, accounting for 4.7% of total supply.

📈 Analysts predict that the ongoing growth of stablecoins and crypto ETFs will boost crypto asset yields in 2025.

🇸🇻 El Salvador’s national wallet balance has surpassed 6,000 BTC.

🔮 Forecast:

With holiday liquidity dropping, the market is moving sideways, fluctuating between $93k - $100k. Let’s see how things play out with the start of the new week.