Market Overview on 07.01

📌 24h Price Movement:

- BTC bounced back to the $100k mark after 2 weeks of sideways movement, currently trading at $102k

- Altcoins are recovering; however, BTC.D is increasing => performance is lower compared to BTC

- Trading volume is starting to improve compared to the previous winter break

- Over 210 million USD stablecoin netflow has been deposited into exchanges in the past 24 hours

📌 Biggest Increases/Decreases:

- $AI16Z (+21.7%)

- $PENGU (+7.2%)

- $WLD (+7.1%)

📌 Notable Cash Flows on Binance:

- Solana Ecosystem: $PENGU, $RENDER

📌 What to Read in the Past 24h:

- MicroStrategy continues to buy an additional 101 million USD worth of Bitcoin

- Vitalik Buterin proposes to create an "emergency stop" to guard against risks from the AI race

- Act I The AI Prophecy ($ACT) reveals a new roadmap with many notable points