BTC Steady Above $100K, Fed Maintains Interest Rates, ETF Filings Pile Up: Your Weekly Crypto Recap

View in browser Weekly Crypto Market Update BTC $104,975 | ETH $3,397 | XRP $3.09 | Total Market Cap: $3.74 Trillion It was another eventful week in the cryptocurrency space and it all began on Monday morning as a Chinese AI company splashed the waters. DeepSeek arrived at the scene with a bang, indicating that it can do everything ChatGPT does but is faster and cheaper, which put into question the need for highly powerful chips from giants like Nvidia. Aside from the market-wide crash in stocks, including NVDA's double-digit dump, the news sent shockwaves across crypto as well. BTC stood around $105,000 ahead of the Monday morning Asian trading session but slumped in hours by several grand to a multi-week low of under $98,000. The altcoins followed suit, but this otherwise violent correction didn't last long. By Tuesday morning, the asset had reclaimed the coveted $100,000 mark despite another brief slip below it. The markets calmed for the next few days or so in anticipation of the first FOMC meeting of the year and the first under Trump. Read The Full Market Update Ad Price Analysis: ETH, XRP, ADA, BNB, and SOL This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. For a detailed analysis, read more.  Kraken Relaunches Crypto Staking in the US Kraken is bringing back crypto staking to the United States with a new product available in 37 states and two territories.  Read more. USDT Expands to Bitcoin's LN USDT adoption on Bitcoin's Lightning Network supports instant transactions, AI payments, and DeFi expanding Bitcoin's real-world financial applications. Read more. CryptoPotato 39 Ludgate Hill, London United Kingdom You received this email because you signed up on our website or made a purchase from us. Unsubscribe