By OMKAR GODBOLE (as long as it is not shown)
The encryption market is stepping on the water, and the largest cryptocurrency bitcoin breathe in the bull. Its upward momentum is suppressed by Trump’s updated tariff threats, which is soaring to record high prices, supporting the demand for US dollars.
However, some corners in the market have actions. The virtual token was popped after a recent list of Upbit. Hyperlique’s hype -hype advertising token increased by 3 %. According to Coinglass, LiteCoin is a wavy, and its permanent futures are the most interested in intensive replacements that have risen to 5.19 million LTCs. Surge suggests that fresh capital, which is likely to be promoted by the hope of a US spot ETF list, flows into the market.
Speaking of StableCoins, USDC has stolen spotlights this month as a star performance and boasts a surprising market capitalization of 21 % to $ 53.12 billion. This is the best month since May 2021, according to TradingView data. In contrast, USDT, a heavyweight champion of DOLLAR-PEGGED STABLECOINS, has increased only 1 %. USDC is better than bitcoin, and quite 10 % have grown.
According to Intotheblock, USDC out -performance is for compliance with Europe’s MICA regulations, but rivals like USDT are facing severe headwinds. But don’t count USDT yet. The market is starting to bounce, and the simultaneous growth of USDC offers a bullish urge to the cryptocation market.
As we are looking at the scenery of the macro, a very important US core PCE (measures to rely on inflation of Fed) will be released. Expectations are for hot headline figures with core reading that exclude food and energy, and have shown positive improvements that can help BTC to get out of a dull price of nearly $ 104,000.
However, ING note that the dollar can stay strong on weekends.
“If you don’t receive news in Canada and Mexico by the end of today, there is a risk that the market will be further enhanced as the market starts to set prices as the possibility of tariffs will be announced tomorrow.” So keep the alert!
What to look at
暗号：1月31：Crypto.comは、EUでCryptocurrencies USDT、WBTC、DAI、PAX、PAXG、PYUSD、CDCETH、CDCSOL、LCRO、およびXSGDの購入を一時停止し、MICA規制に準拠しています。 Withdrawal is supported through Q1.feb. 2, 8:00 PM: Core blockchain Athena Hard fork network upgrade (V1.0.14) February. 4: Pepecoin (Pepe) half. In block 400,000, the reward is reduced to 31,250 Pepe.feb. 5, 3: 00 PM: Ethereum-based Layer-2 Mainnet.feb Boba Network Holecene hard fork network upgrade. 5 (after the market closure): MicroStrategy (MSTR) Q4 2024 revenue. 6, 8:00 AM: Shentu Chain Network Upgrade (V2.14.0). 11 (after the market closure): The Egyptian Movement (Egyptian) Q4 2024 revenue. 12 (before the market opening): Hut 8 (Hut) Q4 2024 revenue. 13: Cleanspark (CLSK) Q1 FY2025 revenue. 13 (after the market closure): Coinbase global (coin) Q4 2024 revenue. 15: Hard fork network upgrade with Qtum (Qtum) block 4,590,000. 18 (after the market closure): SEMLER SCIENTICIC (SMLR) Q4 2024 revenue. 20 (after market closure): Block (XYZ) Q4 2024 revenue. 26: Mara Holdings (MARA) Q4 2024 revenue. 27: Riot Platforms (RIOT) Q4 2024 revenue. 31, 8:30 AM: The US Economic Analysis Bureau (BEA) will release personal income and expenditure reports in December. 0.2 % to before. 0.1 %. Core PCE Price Index YOY EST. 2.8 % to before. 2.8 % .Pce Price Index Mom EST. 0.3 % to before. 0.1 % .Pce Price Index YOY EST. 2.6 % to before. 2.4 %. 2, 8:45 PM: Caixin in China will release a PMI report in January. Manufacturing PMI EST. 50.5 to before. 50.5.
Token event
Governance voting and CALLSCOMPOUND DAO have voted from the governor to upgrade the governance agreement to implement Openzeppelin’s modern governor. 31: A optimism (OP) to unlock 2.32 % of the distribution supply equivalent to 46.39 million dollars. 1: Sui (Sui) releases about 2.13 % of distribution supply equivalent to 261.91 million dollars. 2: Ethena (ENA) is a list jacket of $ 2953 million, unlocking about 1.34 % of circulation supply. 31: Movement (Move), Virtuals Protocol (Virtual), and Sundog (Sundog) are listed on Indodax.
meeting:
Derivative position
TRX, Trump, and OM have registered the maximum increase in the open futures. However, the trader seems to be short -circuited Trump, as clear from the negative cumulative volume delta. BTC, ETH open interest, CVDs have hardly changed. The BTC CME base is about 10 % hovering. The flows in the Deribit optional market are muted, but BTC and ETH calls continue to trade more expensive than PUT.
Market movement:
BTC decreased by 0.29 % from 4:00 pm on Thursday, ETH increased by 2.39 % to 3,324 (24 hours: +3.32 %) Coindesk 20 decreased by 0.3 % to 3,838.81 (24 hours: +0.28 %) CESR computed. 0.29 % decreases to 2.39 % (24 hours: 24 hours: +3.32 %), which is the site. Stekinglate has risen 3.07 % from 4 BPS. The BTC funding rate is 0.0012 % (1.2961 % per year). OKXDXY has increased 0.47 % for 108.30 gold. 39,572.49HANG SENG increased by 0.3 % from 0.14 % to 8,673.13. The Ministry of Finance from 2.21 % to 2,388.03US 10 years 4.536 % E-mini S & P 500 futures have increased by 2 BPS. Futures have increased 0.79 % to 21,795.50E.
Bitcoin statistics:
BTC Advanced: 59.21 (-0.11 %) Ethereum vs Bitcoin ratio: 0.03127 (0.84 %) Hash rate (7-day moving average): 781 EH/ SHASHPRICE (SPOT): $ 61.7TOTAL Price: 4.97 BTC/ $ 522,698cme Open BTCBTC: 37.3 OZBTC vs. Gold Total amount: 10.60 %
Technical analysis
The chart indicates that $ 60 has emerged as a strong resistance to Blackrock’s Ibit Exchange-Trade Fund since December, indicating that the Bulls could not always establish a foothold exceeding that level. Such patterns represent bullish fatigue, often waving weak hands to open a minor price pullback that sets the next leg stage high.
Cryptographic stock
MicroStrategy (MSTR): It is closed for $ 340.09 (-0.34 %) on Thursday, increased by 0.2 % in Market.coinbase, 0.17. % It dropped at $ 300.80 before the Marquetate. .Galaxy Digital Holdings (GLXY): Closed at C $ 29.33 (+0.83 %). Maraholdings (Mara): $ 19.18 (+4.13 %), Market.riot platform (RIOT) increased by 0.36 % $ 11.90 (+6.06 %), increasing by 0.76 % in front of the market. Increased $ 11.99: It was closed at $ 12.26 (+6.98 %) and increased by $ 12.65 for Market.cleansPark (CLSK) by $ 12.65. $ 10.97 (+6.92 %), PRE-MARKET.COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI) increases 0.55 % to $ 11.03. : Closed at $ 52.15 (+0.13 %). Egyptian movement (EXOD): $ 61.38 (-31.27 %) closed, 2.23 %decreased by $ 60.01 in front of the market.
ETF flow
ETF flow
Spot BTCETFS:
Daily net flow: $ 588.2 million cumulative pure flows: $ 4018 billion BTC owned by $ 1.18 million.
Spot ETH ETF
Daily internet flow: $ 6777 million cumulative pure flows: 2.73 billion ETH owners of ETH to 3.65 million.
Source: Farside Investors
Overnight
The chart of the day
Move Index, which represents an option -based scale of how much the US Treasury market may fluctuate in the next four weeks, is declining. The decline in volatility in the Ministry of Finance’s market is often a sign of dangerous assets.
While you are sleeping
When XAU reaches a record high, the bitcoin is stable and the gold token is shining. Inflation of Tokyo’s Up (Coin Suk): President Trump’s tariff threats are headwinds for bitcoin, but derivative data has shown skepticism of the major sluggish. To ETF (Coindesk): Nys Arca has submitted a form 19B-4 to SEC to list the GraysCale XRP Trust shares as etf.virtual Surges. Virtual prices, AI AI Agent Creating AI Agent has increased rapidly after saying that Upbit, a native token of virtual protocol, is a list of Token.trump. ): Despite the demands of Trump’s interest rate reduction, the Fed is still Hawkish, and Canadian Bank, England Bank, and European Central Bank are relieving monetary policy. On Thursday, 25 % of tariffs on imports between Mexico and Canada began on February 1, but it was confirmed that oil remains uncertain. The Japanese economy faces radioactive drops from Trump’s Chinese tariff threat (Bloomberg). Hayashi, a Japanese chief economist, states that the trade war between the United States and China can damage her country’s economy, but she is prepared more well than Trump’s first term. I think it is.
With ether
