Jan 17
π£οΈ The topics driving crypto markets throughout this week have included the bullish US CPI report and encouraging inflation rates. Also, AI and XRP continue to circulate across social media.
Track how long-term topics fluctuate FREE on this dashboard!
Jan 16
π XRP has just reached a new 7-year high, crossing a $3.39 market value for the first time since January, 2018. With this rise, we have just seen 2,365 $100K+ XRP transactions in the latest 8-hour span, the highest spike since December 3rd. Total holders are also skyrocketing.
Jan 15
β‘οΈπ Litecoin has decoupled from other altcoins, jumping +16.1% in market cap in just the past 11 hours. Just as we saw in early December, the key driver appears to be whales and sharks holding at least 10K+ $LTC. They have accumulated 250K coins since Jan. 9th. π
π Two US-themed bullish news stories have hit crypto today, causing Bitcoin to rise as high as $99.7K and altcoins to surge:
πΊπΈ Donald Trump has announced that his upcoming presidency is planning for immediate friendlier SEC rules, clearer token guidelines, and less legal restrictions following his inauguration next week.
π· US inflation reports show cooling inflation and more optimism of further Fed rate cuts, which would immediately favor crypto growth. Though the hawkish FOMC meeting last month contributed to a cryptocurrency top, traders are hoping that this slightly changes their decisions on slowing rate cuts in 2025.
πΊ We were thrilled to take part in an in-depth discussion about the state of crypto with the Bybit team. Enjoy the full chat, where we touch on everything from Trump's inauguration, to AI, to meme coins, to real world assets!
π₯³ With crypto coming to life again on Tuesday, commentary across social media reveals positive sentiment forming toward Solana, Dogecoin, and Cardano.
π€ Meanwhile, things are much more polarized for top 3 assets Bitcoin, Ethereum, and XRP.