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Crypto Market Watch January 22
1. Market Trends
BTC rebounds, driving a general rise in altcoins.
BTC shows a negative correlation with gold, influenced by US stock market trends, acting as a risk asset.
US stocks rebound, gold adjusts.
Macro News:
Trump states the US will not use force for now and will not impose tariffs on Europe.
Denmark agrees to cede part of Greenland to the US military for base construction.
2. Market Hotspots
Altcoin RIVER:
A 30-fold increase in one month, with a short-selling rate of 4300%.
This week, received a strategic investment of 8 million USD from Sun Yuchen.
BSC Chain Political Meme:
MEMES price fluctuates wildly, White House issues a statement, some tweets are deleted.
“I'm coming” surges, launched on Binance contracts.
SOL Chain Project SKR:
SOL mobile coin launched, market cap reaches 2 billion USD.
On-chain US stock tokens:
MU, INTC surge, reflecting US stock storage and CPU sector leading the rally.