📊 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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