🚨 Crypto Market Update – Jan 29 & 30 🚨
Yesterday the crypto market slipped again, with Bitcoin consolidating around $88K–$90K and Ethereum dipping below $3K. Over 90 of the top 100 coins fell, dragging total market cap down to $3.06T. Traders cite economic stress and lack of new capital as key drivers.
Today, all eyes are on the Infinex ($INX) token launch at 7 PM UTC, a major DeFi event backed by Synthetix founder Kain Warwick. Meanwhile, Bitcoin remains the macro anchor near $89K, Ethereum struggles under $3K, and XRP continues to trade under the shadow of its legal battles.
📊 Key Takeaways:
- BTC consolidating, resistance near $95K
- ETH under pressure, trading below $3K
- Altcoins mixed: Polkadot & XRP ecosystem show strength
- U.S. Senate advances crypto regulation bill
- Infinex ($INX) launch could spark fresh momentum
Stay sharp, traders – volatility is here to stay!