Crypto Weekly (06/01 - 12/01): Bitcoin Continues to Plummet to 100k

Table of Contents

1. Crypto Market Last Week

Last week, Bitcoin once again surpassed the $100,000 milestone. However, the joy was short-lived as the price quickly corrected sharply, dropping from a peak of $102,700 to a weekly low of $91,300. Currently, Bitcoin is trading around $95,000. In terms of news, there were no significant events last week that greatly impacted the price. The primary reason for the decline is believed to be strong selling pressure from ETFs, replacing the previously strong buying momentum.

Bitcoin’s correction also caused many altcoins to experience significant declines, ranging from 10% to 30%. However, there were some bright spots. Projects in the AI Agents sector showed strong growth, while coins from centralized exchanges demonstrated good price stability.

Top 10 Gainers of the Week

Top 10 Losers of the Week

Key Highlights

2. Crypto Market This Week

Token Unlock Schedule

This week, the crypto market will face significant pressure from a series of token unlock events, with a total value of $2.60 billion, including:

$ONDO: 134.21% – $2.42 billion
$ARB: 2.20% – $69.32 million
$STRK: 2.65% – $27.55 million
$SEI: 1.32% – $21.06 million
$APE: 2.16% – $17.32 million
$ENA: 0.42% – $11.98 million
$PRIME: 1.42% – $10.07 million

Macroeconomic Events

In addition to the token unlock schedule, several important macroeconomic events this week could impact the crypto market:

Tuesday (January 14, 2025) at 13:30: Release of the December PPI Index
Wednesday (January 15, 2025) at 13:30: Release of the December CPI Index