Crypto research firm Glassnode said in an X post that Bitcoin's market dominance is on the rise. After bottoming out at around 54% in December 2024, Bitcoin's dominance has exceeded 57% in January 2025. This trend is similar to the 2020 cycle, when bitcoin dominance bottomed out at around 60% in November 2020 and then began to decline after rising to 69% in January 2021.
Treasury yields continued to slide, with the yield on the two-year Treasury bond falling to its lowest level since January 21.
The change in US Treasury leadership could change the department's attitude towards cash held at the Federal Reserve, with strategists warning that the move could affect the US bond market. Bank of America and Wrightson ICAP LLC, among others, said the Treasury could reduce the amount of money held in Fed accounts as the cash balance - the cushion that ensures the US can pay its bills - shrinks. This would allow the government to issue fewer short-term bonds and further...
On January 24th, the dollar index DXY fell 15 points in the short term and is now at 107.25. The pound against the dollar GBP/USD rose by 1.00% in the day to 1.2478. The euro against the dollar EUR/USD expanded to 1.00% in the day to 1.0520.
Market news: US President Donald Trump freezes Department of Energy spending and loans.
President Trump: Will sign an executive order to fundamentally reform or abolish the Federal Emergency Management Agency (FEMA).
Baker Hughes Oil Service: The number of oil and gas rigs in the United States has fallen to its lowest level since December 2021.
The market shows that BTC broke through $107,000 and is now reported at $107007.77, with a 24-hour increase of 1.13%. The market fluctuates greatly. Please do a good job in risk control.
After the release of the US PMI data, spot gold rose short-term, and is now 2781.13 US dollars/ounce.
Russian President Vladimir Putin: Willing to hold talks with US President Donald Trump on oil prices and energy issues.
The US and cloth oil prices fell by $0.6 in the short term, and are now reported at $74.25/barrel and $77.45/barrel.
As of the close of 23:00, the main contracts of domestic futures rose more and fell less. Cotton yarn rose more than 1%, coke, cotton, and iron ore rose nearly 1%; in terms of decline, soybean meal fell more than 1%, and bean two, glass, and low-sulfur fuel oil (LU) fell nearly 1%.
Coinbase International will add support for Toshi, Gigachad, and The Graph perpetual contracts on the Coinbase International Exchange and Coinbase Advanced. The TOSHI-PERP, GIGA-PERP, and GRT-PERP marketplaces will open on or after 9:30am UTC on January 30, 2025.
Coinbase 国际站将在 Coinbase International Exchange 和 Coinbase Advanced 上增加对 Toshi、Gigachad 和 The Graph 永续合约的支持。TOSHI-PERP、GIGA-PERP 和 GRT-PERP 市场将于 2025 年 1 月 30 日 UTC 上午 9:30 或之后开放。
The dollar index DXY fell 15 points in the short term, now trading at 107.25. The pound against the dollar GBP/USD rose by 1.00% in the day, now trading at 1.2478. The euro against the dollar EUR/USD expanded to 1.00% in the day, now trading at 1.0520.