1. Crypto Market Overview: Last Week
The crypto market witnessed notable fluctuations over the past week. Bitcoin (BTC) experienced a mild recovery, climbing from $91,470 to $98,950, representing a growth of over 5%. This recovery was largely anticipated as it coincided with the post-Christmas and New Year period, along with the upcoming inauguration of Donald Trump, which provided an additional positive sentiment to the market.
BTC’s rebound triggered significant gains in many altcoins, particularly driving a surge in the memecoin segment on decentralized exchanges (DEX). Last week, the crypto community was abuzz when billionaire Elon Musk changed his name and profile picture on platform X to “Kekius Maxius.” This action caused a memecoin of the same name to skyrocket in value by hundreds of times. Furthermore, related coins such as “Trumpius Maxius” and “Dogius Maxius” were created and also achieved impressive growth.
Top 10 Coins with the Highest Gains Last Week
Top 10 Coins with the Biggest Losses Last Week
Key Highlights
- Solana Surpasses Ethereum Completely in the Second Half of 2024
- Binance Launches Solv Protocol on Megadrop
- Grayscale Highlights the Most Prominent AI Tokens for Q1 2025
- Kekius Maximus: “The Crying and Laughing One” Because of Elon Musk
- Will 2025 Be a Boom Year for Bitcoin DeFi?
- Trader Earns $1.25 Million in 8 Minutes with BUZZ Tokens
2. Crypto Market Outlook: This Week
Token Unlock Schedule
The market will face a series of significant token unlock events this week, with a total value of $242.68 million from various major projects. Specifically:
- $APT (2.03%): $105.07 million
- $MOVE (2.22%): $44.78 million
- $KAS (0.72%): $22.32 million
- $NEON (44.92%): $19.79 million
- $ENA (0.42%): $13.51 million
- $IO (2.50%): $11.10 million
- $OP (0.33%): $8.41 million
Macroeconomic News
Several important events scheduled for the end of this week may impact the global financial markets:
- Thursday (January 9, 2025): At 1:30 PM (UTC), Unemployment Claims data will be released. If the actual figures exceed expectations, it may be negative for the USD, and vice versa.
- Friday (January 10, 2025): At 1:30 PM (UTC), the Nonfarm Payrolls data for December will be announced. This data measures changes in the number of employed individuals (excluding the agricultural sector) during the previous month. Higher-than-expected figures are considered positive for the USD, and vice versa.
