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#MarketNews According to CoinShares, global investment in crypto funds increased 46 times last week to $2.195 billion, the highest in five weeks. Investments in Bitcoin rose by $1.903 billion, Ethereum by $246 million, XRP by $31 million, and Solana by $2.5 million. The SEC reported a surge in applications to launch cryptocurrency ETFs in the US, with more than a dozen applications submitted by major management companies in recent days. Following the change of administration in the US, MN Consultancy founder Michael van de Poppe highlighted significant growth potential in three categories of crypto assets: cryptocurrencies previously classified as securities by the SEC, including XRP, Matic, and Algorand; coins from World Liberty Financial's portfolio, such as Chainlink and Aave; and Ethereum ecosystem projects. On Polymarket, a prediction platform, voting on creating the Bitcoin reserve within the first 100 days of Trump's presidency indicated a shift in sentiment. The odds of a favourable outcome decreased from 48% to 29% in less than 24 hours.

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#CryptoUpdates The cryptocurrency market experienced a decline, with a reduction of approximately 5.3% compared to the previous day. This downturn was attributed to high expectations surrounding Trump's inauguration speech, which did not mention cryptocurrencies. Consequently, the total capitalisation of cryptocurrencies decreased to $3.5 trillion, reverting to the level observed at the end of the previous week. While this indicates a reduction in optimism, it does not suggest a market reversal. The Cryptocurrency Fear and Greed Index stands at 76, having ranged between 75 and 77 for six consecutive days. This is considered the initial stage of ‘extreme greed’. Observations indicate that during a bull market phase, values exceeding 80 increase the risk of a corrective pullback, whereas current values may coexist with further movement towards historical highs.

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#itsStillEarly It's still Early for crypto to take you to an incredible milestone of success. It's Still Early to start your 2025 with stunning opportunities on Binance. Take steps now to push your crypto world to new heights.

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$BTC Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.

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Ultimele știri

BNB Surpasses 690 USDT with a Narrowed 0.94% Decrease in 24 Hours

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Potential Dollar Depreciation If U.S. Delays Tariff Policies

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Potential Dollar Depreciation If U.S. Delays Tariff Policies

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Ethereum(ETH) Surpasses 3,300 USDT with a Narrowed 2.14% Decrease in 24 Hours

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ZachXBT Transfers Over 16,000 SOL to Wintermute Address

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