🔊Weekly Market Highlights #132: January 6 - January 12

✨During a week when BTC saw a sharp correction after dropping below the $100K mark, the cryptocurrency market remained relatively subdued. However, notable updates on developments and legal activities still emerged.

✨Over the past week, the crypto market total capitalization decreased by ~$247B (from ~$3505B to ~$3258B).

✨BTC Calms at $94K
✅BTC experienced a turbulent trading week. On Tuesday, it surged past $102K, only to plummet by over $10K within 48 hours. On Thursday, it hit a multi-week low near $91K, briefly threatening to dip below $90K.

✅The following hours saw continued volatility, with a rebound to $96K quickly rejected, sending the price back to nearly $92K.

✅Despite this, the bulls held their ground, pushing BTC to $94K, where it remained for most of the weekend, apart from a brief spike to $95K.

✨Featured News
✅According to a DBNews report, the U.S. Department of Justice has received court approval to liquidate 69,370 BTC (worth $6.5B) seized from the Silk Road darknet marketplace.
Source: https://x.com/tier10k/status/1877176406905356670

✅Vietnam's Ministry of Planning and Investment has proposed a controlled trial of fintech activities, including cryptocurrency exchanges, at financial centers. Ho Chi Minh City and Da Nang will establish these centers in 2025, aiming to position Vietnam as a regional and global financial hub.

✅Data from The Block on January 8 shows that the trading volume ratio between decentralized exchanges (DEX) and centralized exchanges (CEX) has reached a record high of 20.21%. For every $1B traded on platforms like Binance and OKX, approximately $202M was traded on decentralized platforms.
Source: https://www.theblock.co/data/decentralized-finance/dex-non-custodial/dex-to-cex-spot-trade-volume

✅Total 2 Index (Marketcap excluding BTC) is now at $1375B

✨Bitcoin Fear and Greed Index is 61 - Greed, lower than at the beginning of the week (76)

✨Dominance:
✅BTC: 56.9%
✅ETH: 11.9%

📣See you next week!

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter

🔊Weekly Market Highlights #133: January 13 - January 19

✨The cryptocurrency market showed a notable recovery this past week as anticipation builds for Donald Trump's inauguration as President of the United States. This signaled a new chapter for the crypto industry following prior commitments. Trump sparked further excitement by launching an official meme coin, which saw its market capitalization soar to nearly $10B within a few hours of its launch.

✨Over the past week, the crypto market total capitalization increased by ~$198B (from ~$3258B to ~$3456B).

✨BTC Nears $105K
✅BTC experienced a highly volatile week, starting with a sharp drop below $90K for the first time since November. However, the bulls quickly stepped in, driving the asset to recover all losses within days.

✅Not even the release of US CPI data could halt BTC’s momentum. Shortly after hitting its multi-month low, it surged past $100K. By Friday, BTC had surpassed $105K on several occasions, marking its highest level in about a month.

✅At the time of writing, BTC is trading near $105K, and its market cap has reached $2.075T.

✨TRUMP Above SHIB
✅President Trump’s social media accounts unexpectedly promoted a meme coin on the Solana blockchain, which soared to a market cap of $3.5B within just one hour of trading.

✅$TRUMP took the crypto world and turned it upside down. Within less than a day, it garnered the entire community's attention. Its price has shot up to over $78, and its market cap is roughly $15B on CoinMarketCap.

✅The other notable gainer from TRUMP’s success is SOL since the meme coin was launched on the latter’s blockchain. SOL jumped to a fresh all-time high of $295 yesterday

✅One Mount Group Joint Stock Company, a Vietnam Blockchain Association (VBA) member, has committed to investing $200-500 million to advance core blockchain technology and launch a Layer 1 Blockchain network. The goal is establishing a national blockchain infrastructure, including a "Make in Vietnam" blockchain network.

✅Total 2 Index (Marketcap excluding BTC) is now at $1452B

✨Bitcoin Fear and Greed Index is 76 - Extreme Greed, lower than at the beginning of the week (61)

✨Dominance:
✅BTC: 57.5%
✅ETH: 11.1%

📣See you next week!

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter

BREAKING: 🇺🇸 Pro-Bitcoin Donald Trump officially sworn in as President of the United States.

@WatcherGuru

MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025.

As of 1/20/2025, MicroStrategy hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin.

https://x.com/saylor/status/1881688755096174607