Week 4 of 2023 - An overview
As we're nearing the monthly close of January 2023, it's fair to say Bitcoin is holding strong and bringing altcoins up with it. Bitcoin is still up over 40% since the new year, and the crypto market cap is getting close to $1 trillion. Could we hit that next week? It's certainly possible. Be cautious though. The FOMC meeting on Weds 1st Feb could bring volatility. The markets are expecting a 0.25% increase. If a different outcome occurs then I'm sure the markets will react.
There's been a lot of media attention reflecting on 2022 with articles and reports from Goldman Sach and Crypto.com covering some interesting numbers.
The Crypto Fear and Greed index hit highs not seen since March 2022 and on Friday (27th) and today (29th) it hit 'Greed'.
Goldman Sachs ranks Bitcoin above all else year-to-date
More changes here this week too
We've opened up account registrations so you can keep track of specific coins on your watchlist. More tools and services coming soon including configurable alerts.
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