Market overview on January 5th
ID Te|e nha ae: @rkcryptoindex
📌 Price movements in 24h:
- BTC is moving sideways in the range of $97k-$98k, trading volume decreased over the weekend
- We have to wait until the West finishes its winter break for market volume to increase again
- BTC.D is still in a downtrend but not strongly, altcoins have not shown significant volatility
- Only a few tokens with strong cash flow have created new ATHs like $SUI, $HYPE
- More than 46 million USD in stablecoin netflow has been withdrawn from exchanges in the past 24 hours
📌 Strongest Increases/Decreases:
- $PENGU (+8.9)
- $SUI (+6.3%)
- $JASMY (+5.6%)
📌 Notable cash flow on Binance:
- Sui ecosystem: $cetus $SUI
- Memecoin: $ACT, $PENGU
#pengu #sui #jasmy #richardkhoa #act