Market overview on the weekend of January 27, 2024.
+ Bitcoin increased strongly to $42,000 after the expiration of BTC and ETH Options contracts worth $5.8 billion. Currently trading at $41,600.
+ Altcoin is in green again as Usdt.d decreased although Btc.d increased slightly.
+ Binance's new Launchpools ALT, MANTA, AI, NFP occupy the Spotlight as they are all in the top price increase.
+ Grayscale GBTC outflow ~$255 million is much lower than yesterday and this is the day with the lowest number of exits since the ETF started trading.
+ PCE inflation: 2.6% as expected.
Core PCE: Reduced to 2.9%, lower than expectations of 3.0%.
This is the lowest Core PCE inflation figure since April 2021.
+ TVL Sui increased sharply, surpassing Layer-2 Base, currently ranked 11th and from the period October 2023 until now, the amount of TVL has increased more than 10 times.
+ In the past 24 hours, a total of $120 million was withdrawn from Binance.
+ OP and DYDY will have token unlocks of $73 million and $88 million next week, respectively.
+ $117 million was the amount liquidated in the last 24 hours, 72% were short orders, and the largest liquidation order on Binance was the ETH/USDT pair worth $2.53 million.
