As of 11:59 AM on January 21, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.72 trillion US dollars, witnessing a decrease of 4.71% compared to yesterday; the total trading volume is 334.42 billion US dollars, marking a decline of 27.3% from the previous day.

According to sosovalue, the price of $BTC is 103,800 USD, a decrease of 4.12% from yesterday. The market cap of $BTC is 2.06 trillion USD, accounting for 55.3% of the total market cap; $BTC's 24-hour trading volume is 108.50 billion USD, making up 32.4% of the total trading volume.
The price of $ETH is 3,305.8 USD, down 1.97% from yesterday; the market cap of $ETH is 398.36 billion USD, representing 10.7% of the total market cap; $ETH's 24-hour trading volume is 44.46 billion USD, comprising 13.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 66.0% of the total cryptocurrency market cap, and their combined trading volumes constitute 45.7% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is VeThor. As of 11:50 today, its market cap is 582.26M, with a coin price of 0.0068310 USD, witnessing a 24-hour increase of 179%.
The second is Ooki. As of 11:50 today, its coin price is 0.00010581 USD, with a 24-hour increase of 53.4%.
The third is CANTO. As of 11:50 today, its coin price is 0.028730 USD, showing a 24-hour increase of 49.4%.
In fourth place is swarms. As of 11:50 today, its coin price is 0.16760 USD, with a 24-hour rise of 39.4%.
In fifth place is Orbcity. As of 11:50 today, its coin price is 0.00077240 USD, increasing by 37.9% over the last 24 hours.

Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 1 is up and 15 are down. Notably, AI, PayFi, and RWA sectors are worth mentioning.
AI sector has fallen -5.04% relative to the UTC 0 time, led by declines in vxv (-24.1%), fartcoin (-20.3%), and GAME (-13.6%).
PayFi sector has decreased -5.62% relative to UTC 0, with pip (-10.2%), safe (-7.58%), and xlm (-6.52%) leading the drop.
RWA sector has fallen -5.75%, with nxra (-14.5%), PROPC (-9.46%), and pendle (-7.87%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

According to SoSoValue, as of January 17th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $1.08B.

Yesterday, Grayscale's ETF GBTC had a net inflow of $20.76M, bringing GBTC's total historical net outflow to $21.65B.

Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 21.82M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $959.50M.

The Bitcoin spot ETF with the highest net inflow for the day was BlackRock's ETF IBIT, with a daily net inflow of $375.92M, with IBIT's total historical net inflow reaching $38.41B.

Following that, Fidelity's ETF FBTC had a daily net inflow of $326.26M, with FBTC's total historical net inflow reaching $12.84B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $121.28B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 5.85%. The historical cumulative net inflow has reached $38.18B.

Source: https://sosovalue.com/assets/etf

Next news:

According to Wu Shuo, data from GMGN indicates that a robot whale address: A3ZcnX...wjm6Sg spent 22 million USD to purchase 2.10 million MELANIA at an average price of $10.5, and partially cut losses on about 25% of the position at an average price of $7.54, currently facing an unrealized loss of over 10.60 million USD (-65.04%), making it the largest unrealized loss address for MELANIA. MELANIA has plummeted 65% in the last 24 hours.

Next news:

According to Foresight News, monitored by Lookonchain, an address spent approximately 7.06 million USDC to purchase around 207,868 TRUMP tokens two hours ago, at an average price of $33.91. This trader previously spent about 1.52 million USD to acquire approximately 310,850 TRUMP tokens at an average price of $4.89, and sold them for approximately 8.24 million USD when the price was $26.5, making a profit of about 6.70 million USD.

Next news:

According to Foresight News, the Trump family's crypto project WIFI has made multiple on-chain purchases of crypto assets worth 4.70 million USD today, possibly to commemorate Trump taking office as the 47th President of the United States.

Next news:

According to reports, Upbit will launch VTHO/KRW and VTHO/USDT trading pairs according to an official announcement. VeThor (VTHO) is a major payment method within the VeChain ecosystem and exists as part of a dual-token ecosystem alongside VeChain's VET token.

Next news:

According to HTX market data, Bitcoin has fallen below $101,000, currently reported at $100,930.06 USDT, with a daily decline of 1.31%.

Next news:

According to Wu Shuo, Circle CEO Jeremy Allaire stated in an interview with Reuters that President Trump may soon sign an executive order making it easier for banks to hold digital assets. He anticipates that the order supporting cryptocurrencies will be released "very soon," although he did not specify a timeline. Allaire called for the repeal of the SEC's Staff Accounting Bulletin (SAB 121), a controversial framework that prevents financial institutions from holding cryptocurrencies on their balance sheets.

Next news:Wu reported that David Bailey, the CEO of Bitcoin Magazine, tweeted that it has been confirmed that the executive orders related to Bitcoin or cryptocurrencies are included among the first 200 executive orders issued after Trump's inauguration. I don't know what specifically made them selected, but good news has arrived.
Next news:

Tigran Gambaryan, a Binance executive who was kidnapped and unlawfully detained for eight months in Nigeria, has been recommended for multiple positions in the Trump administration, such as the SEC’s crypto assets chief or the head of the FBI’s cyber division. Sources revealed that the recommendation made to Trump’s transition team came from individuals associated with Trump’s attendance at the Bitcoin 2024 Nashville conference, including event organizer David Bailey and Kraken's head of strategic planning, Tracy Hoyos-López. Tigran Gambaryan stated that it would be an honor to serve his country again under the new Trump administration in the fight against crypto crime. (CoinDesk)

Next news:Wu Shuo learned that Slow Fog's Yuxin tweeted that the project POWER, associated with Trump but not officially, has rug pulled, and the false information has been deleted. The project creator's address (starting with 4GwVi8) has the same Gas source as the one from the early morning content posted by the stolen account of MetaMask's co-founder, both originating from SideShift. Such incidents may be premeditated actions, reminding all parties to remain vigilant.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.

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