This report analyzes changes in global and cryptocurrency markets over the past week. Let's examine the key factors and data.
Global Market Overview
The US market fell by 1.32% last week. China, Japan, India, and South Africa also experienced declines, while Europe and Australia grew by 1.49% and 0.40%, respectively. Notably, the US PMI indexes showed significant increases, indicating the fastest activity rise since April 2022. The unemployment rate fell to 4.1%, with lower-than-expected initial jobless claims.
Crypto Market Situation
In the last seven days, the cryptocurrency market cap fell by 5.86%, with altcoins declining by 8.84%. Bitcoin reached a peak of $102,195.06 but then fell by 9.45%. Ethereum similarly dropped, hitting a low of $3,159.43. Meanwhile, the CeFi market grew by 1.98%.
Current Trends in the Crypto Market
In the second week of January 2025, DeFAI and other trending categories show substantial gains. In the crypto sector, Hey Anon surged by 260.1%. Meanwhile, the meme market decreased by 15.8%, illustrating investor uncertainty in this sector.
Amid various changes, both global and cryptocurrency markets present a complex dynamic. The diversity of indicators necessitates close monitoring for more informed decision-making.