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Market dynamics on January 13: Bitcoin fluctuates and falls, the weekly line has broken

Market dynamics on January 13: Bitcoin fluctuates and falls, the weekly line has broken

Bitget2025/01/13 02:10

I. Market Dynamics:

1. Bitcoin is fluctuating and falling, with the weekly line breaking its position. Altcoins are also in a state of fluctuation, weakening the market's money-making effect.

2. U.S stocks have fallen sharply, with the yield on 10-year U.S Treasury bonds nearing a peak of 5%. The market expects that the Federal Reserve will only cut interest rates once this year in October. However, if the slide in U.S stocks forces Trump's administration to make concessions on tariff issues, February or March could be bullish opportunities.

II. Market Focus:

1. New coins AIXBT and Cookie have both completely fallen back to pre-issue levels. The Cookie project took advantage of this opportunity to sell their supply on BN.

2. Leading projects in blockchain AI field such as Virtual, AI16Z, ARC, Fartcoin continue to plummet dramatically. The founder of AI16Z has been accused of standing for competitor AI DAO which caused community resentment . On another note , Holo from blockchain-based AI projects has grown somewhat . Holo is a platform that can clone celebrity AI agents based on language models but it faces low competitive barriers .

3.Meme categories like PNUT,UFD,CWH etc all experienced significant increases.UFD was once very popular; CWH is a mixed breed short-haired cat themed coin.The quality of newly released AI projects has declined,the community aesthetic fatigue,and funds began flowing from the field of artificial intelligence towards meme category

4.Ondo under RWA unlocked $24 billion this week,reaching 130% of circulating supply.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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