Before January 20th, will the market experience a significant correction? Today, let's analyze the latest market trends together and reveal the explosive growth path of altcoins in the first quarter!
Hey, fellow crypto enthusiasts, today we’re going to talk about the recent market trends. Before January 20th, don’t worry too much about a deep correction, as there are quite a few good news in the market. The multi-fold rise of altcoins is already on the way, are you ready?
Yesterday, USDT has issued a considerable amount, and the buying funds are continuously flowing in. The total net inflow for Bitcoin spot ETFs reached $908 million, while Ethereum spot ETFs saw a net inflow of $58.78 million. On top of that, MicroStrategy plans to issue $2 billion in preferred stock to increase its Bitcoin holdings, preparing to purchase another $2 billion worth of Bitcoin in the first quarter, which is definitely a bullish trend for the first quarter!
Moreover, the restructuring plan for FTX's debtors has also come into effect, with the first batch of customers set to receive refunds within 60 days. The new Bio coin has also released a roadmap for January and February, planning to expand to multi-chain and launch new features. Once the correction stabilizes, we can make a move!
Additionally, Ena has released a roadmap for 2025, with the launch of “iUSDe” next month, officially entering the TradFi sector. It seems that the digital currency market is getting more and more lively. Furthermore, Trump will officially take office as President of the United States on January 20, 2025, so keep an eye on the Trump sector as well.
Of course, don't forget the benefits brought by the March upgrade, which is a great opportunity to strategically acquire Ethereum-related assets at lower prices.
Overall, there are plenty of market trends worth looking forward to in the first quarter. Everyone should closely monitor market dynamics and not miss any money-making opportunities! Remember to leave your thoughts and insights in the comments, and we’ll see you next time!