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!
January 31: Crypto.com stops purchasing the Cryptocurrencies USDT, WBTC, DAI, PAX, PYXG, PYSD, CDCETH, CDCETH, LCRO, and XSGD and conforms to MICA regulations. Withdrawal is supported through Q1.
February 5th, 3:00 pm: Ethereum -based layer 2 main net Holruetene Hard Fork Network upgrade.
February 5 (after the market closure): Microstrategy (MSTR) Q4 FY 2024 revenue.
February 6th 8:00 am: Shentu Chain Network Upgrade (v2.14.0).
February 11 (after the market closure): Debut Egyptian Movement (Outing Egyptian) Q4 2024 revenue.
February 12 (before the market opening): Hut 8 (Hut) Q4 2024 revenue.
February 13: CLEANSPARK (CLSK) Q1 Profit for 2025.
February 13 (after the market is closed): Coinbase global (coin) Q4 2024 revenue.
February 15: Hard fork network upgrade with 4,590,000 QTUM (Qtum) block.
February 18 (after the market is closed): SEMLER SCIENTIFIC (SMLR) Q4 2024 revenue.
February 20 (after the market is closed): Block (XYZ) Q4 2024 revenue.
February 26: Mara Holdings (MARA) Q4 2024 revenue.
February 27: Riot platform (riot) Q4 2024 revenue.
March 4: Cipher Mining (CIFR) will release earnings for the fourth quarter.
Macro
January 31, 8:30 am: The US Economic Analysis Bureau (BEA) will publish a report on personal income and expenditure in December.
Core PCE Price Index MOM EST. 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 PRISC INDEXYOY EST. 2.6 % to before. 2.4 %.
February 2 8:45 pm: China CAIXIN will release a PMI report in January.
Manufacturing PMI EST. 50.5 to before. 50.5.
Governance voting and phone
Complex DAO has voted for upgrading governance contracts for governance contracts and has led to the implementation of Openzeppelin’s contemporary governor.
Balancer Dao votes for starting a token swap between Balancer Dao and Cow Dao, including 200,000 BAL tokens and about 631,000 beef tokens.
Cancel the lock
January 31: Optimism (OP) to unlock 2.32 % of distribution supply equivalent to 46.39 million dollars.
February 1: Sui (Sui) unlocks about 2.13 % of distribution supply equivalent to $ 26.191 million.
February 2: Ethena (ENA) is equivalent to $ 29.53 million, unlocking about 1.34 % of circulation supply.
Token list
January 31: Movement (Move), Virtuals Protocol (Virtual) and Sundog (Sundog) are listed on Indodax.
Day 3: Crypto Peaks 2025 (California Parisade)
Day 2: Ethereum Zurich 2025
Day 2: Plan B Forum (Salvador, El Salvador)
Day 3: Crypto Gathering2025 (Miami Beach, Florida)
Day 3: Cryptoxr 2025 (AuxERre, France)
Day 4: OASIS ONCHAIN 2025 (Nassau, Bahamas)
Day 6: Satoshi’s Round Table Conference (Dubai)
February 3: Digital asset forum (London)
February 5-6: The 14th Global Blockchain Conference (Dubai)
February 6: ONDO SUMMIT 2025 (New York).
February 7: SOLANA APEX (Mexico City)
February 13-14: 4th edition of NFT Paris.
February 18-20: Coin Suk consensus Hong Kong
February 19: Sui Connect: Hong Kong
February 23, March 2: Esden 2025 (Denver, Colorado)
February 25: Hedelacon 2025 (Denver)
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.
BTC decreased by 0.29 % from 4:00 pm on Thursday, to $ 104,810.50 (24 hours: -0.47 %)
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 Composite Steakin Great has risen by 3.07 % from 4 BPS
BTC’s funding is 0.0012 % (1.2961 % per year) for OKX.
DXY has increased 0.47 % at 108.30
The gold has not been changed at $ 2,794.77
Silver increased by 0.19 % to $ 31.60/oz
Nikkei 225 is closed +0.15 % to 39,572.49
Hang Seng closed from 0.14 % to 20,225.11
FTSE has increased 0.3 % at 8,673.13
EURO STOXX 50 has increased 0.39 % at 5,302.75
DJIA was closed to 44,882.13 to Thursday +0.38 %.
S & P 500 closed +0.53 % to 6,071.17
NASDAQ was closed +0.25 % to 19,681.75
S & P/TSX Composite Index Close +1.31 % to 25,808.25
S & P 40 Latin America is closed from 2.21 % to 2,388.03.
The Ministry of Finance in the United States has risen by 2 BPS at 4.536 %
E-mini S & P 500 futures have increased by 0.43 % at 6,125.75.
E-mini NASDAQ-100 futures have increased 0.79 % at 21,795.50
E-mini Dow Jones Industrial AVERAGE INDEX FUTURES has increased 0.32 % at 45,200.00
BTC advantage: 59.21 (-0.11 %)
Ethereum vs. bitcoin ratio: 0.03127 (0.84 %)
Hash rate (7 -day moving average): 781 EH/S
Hash Pris (spot): $ 61.7
Total fee: 4.97 BTC/ $ 522,698
CME futures Open interest: 176,270 BTC
BTC that is priced by gold: 37.3 oz
BTC vs. Gold Market capitalization: 10.60 %
The chart 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.
MicroStrategy (MSTR): It was closed for $ 340.09 (-0.34 %) on Thursday and increased by $ 340.77 in front of the market.
Coinbase Global (Coin) was closed for $ 301.30 (+3.54 %) and reduced by $ 300.80 in front of the market by 0.17 %.
Galaxy Digital Holdings (GLXY): Closed at C $ 29.33 (+0.83 %).
Mara Holdings (MARA) was closed for $ 19.18 (+4.13 %) and increased by $ 19.25 in front of the market.
Riot Platforms (RIOT) was closed at $ 11.90 (+6.06 %) and increased by $ 11.99 in front of the market by 0.76 %.
Core Scientific (CORZ), closed for $ 12.26 (+6.98 %), increased by 3.18 % to $ 12.65 in front of the market.
Cleanspark (CLSK): It was closed at $ 10.97 (+6.92 %) and increased by $ 11.03 in front of the market.
Coinshares VALKYRIE BITCOIN MINERS ETF (WGMI): It was closed for $ 22.50 (+6.33 %) and increased by $ 23.28 in front of the market by 3.47 %.
SEMLER SCIENTIFIC (SMLR): Closed at $ 52.15 (+0.13 %).
EXODUS MOVEMENT (EXOD): It was closed at $ 61.38 (-31.27 %) and reduced by $ 60.01 in front of the market by 2.23 %.
ETF flow
Spot BTCETFS:
Daily net flow: $ 588.2 million
Cumulative flow rate: $ 40.18 billion
Total BTC owned to 118 million.
Spot ETH ETF
Daily net flow: $ 6777 million
Cumulative pure flow: $ 2.73 billion
Total ETH holding amount to 3.65 million.
Source: Farside Investors
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.
When XAU reaches a record high, the bitcoin is stable and the gold token is shining. Tokyo Increase (Coin Suk): The threat of President Trump’s tariffs is headwind for Bitcoin, but derivative data has shown skepticism of the major economic recession, and the traders remain bullish and to the state -level BTC reserve. Interest is growing.
Grayscale Files Secus proposal to convert XRP Trust to ETF (Coindesk): On Thursday, NYSE ARCA submitted form 19B-4 to SEC and listed GraysCale’s XRP Trust shares as ETF.
The virtual surge as a UPBIT list is to the token to the Koreans who are familiar with Altcoin (Coindesk): Virtual protocol native token, basic blockchain distributed platform for creating AI agents. The price of the token has increased rapidly after the up bit is registered in the list. token.
Trump has obtained a low interest rate requested by everyone except Fed (Reuters). Despite the demands of Trump’s interest rate reduction, the Fed is still Hawkish, and Canada Bank, England Bank, and European Central Bank are relieving monetary policy.
Trump states that the 25 % tariffs between Mexico and Canada may not contain oil (CNBC). Trump confirmed on Thursday that 25 % of tariffs on imports between Mexico and Canada began on February 1, but oil remains uncertain.
The Japanese economy faces radioactive drops from Trump’s Chinese tariff threat (Bloomberg). The Japanese chief economist says that 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.
