The cryptocurrency market is showing signs of recovery despite the holiday slowdown, with increased global capitalization and stabilized major cryptocurrency prices.
Signals of Bitcoin and Altcoin Recovery
Following the Christmas holiday, Bitcoin (BTC) stabilized above the $98,000 mark, leading the market. Ethereum (ETH) also increased by 3%, reaching $3,490. Popular altcoins like XRP and Solana (SOL) are showing recovery signs, indicating a potential new growth wave.
Top Performers and ETF Trends
Among the top digital assets were FARTCOIN, Pudgy Penguins (PENGU), and Movement (MOVE), with notable growth of 72%, 28%, and 18% respectively. Despite the growth, the ETF market showed a complex picture, with Bitcoin ETFs facing net outflows, while Ethereum ETFs showed net inflows.
Regulations and Expected Trends
New regulations in Russia regarding cryptocurrency mining have drawn attention, with bans in six regions until 2031, creating uncertainty for market players as they monitor potential impacts.
After the holidays, the market is expected to enter an upward trend, with investors anticipating new record levels for Bitcoin, Ethereum, and other major altcoins.
