📊 Crypto Market Update: Key Highlights 🪙🚀


1️⃣ Market Overview:

• Global Market Cap: $3.48T (+2.15%)

• Bitcoin ($BTC): $97,873 (+1.44%)

• 24H Range: $96,403 – $98,977

• Top Gainers: BIO (+2406%), SUSHI (+20%), CETUS (+19%)

2️⃣ U.S. Crypto Legislation Outlook 🇺🇸📜

• Speaker Mike Johnson re-elected, supported by Trump.

• Pro-crypto stance: Backed FIT21 Act, opposed CBDCs.

• Congress likely to advance crypto legislation by 2025.

3️⃣ India Fights Crypto Scams 🇮🇳🛡️

• Collaboration with Google & Meta to combat fraud.

• Focus on ‘pig butchering’ scams targeting vulnerable groups.

• Over $3.6B lost in scams in 2024.

• Real-time fraud interception via CFCFRMS saved ₹16B in 2023.

4️⃣ Bitcoin Network Milestone ₿⛓️

• Bitcoin hashrate hit an all-time high of 1000 EH/s on Jan 3.

• Current hashrate: 809.3 EH/s—nearly double YoY.

5️⃣ U.S. Economic Outlook for 2025 🇺🇸📈

• Fed’s Barkin optimistic about economic growth.

• Consumer spending momentum expected to drive expansion.

• Inflation progress steady, but 2% target not yet achieved.

🔑 Takeaway: Regulatory clarity, scam prevention, and network resilience are shaping the global crypto landscape.

What are your thoughts on these trends? Drop your insights below! 👇

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