Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM on January 17, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.82 trillion US dollars, witnessing an increase of 2.94% compared to yesterday; the total trading volume is 208.78 billion US dollars, marking a rise of 15% from the previous day.
According to sosovalue, out of 16 sectors, 16 are up and 0 are down. Notably, the Meme, DeFi, and Others sectors are worth mentioning.
The Meme sector has risen by 9.99% relative to the UTC 0 time, led by gains in SPX (51.2%), toshi (41.9%), and vinu (34.6%).
The DeFi sector has increased by 7.52% relative to UTC 0, with xcn (114%), dfi (69.9%), and F (61.2%) leading the rise.
The Others sector has risen by 6.96%, with SOLV (319%), dao (72.8%), and gxa (40.2%) leading the rise.
According to OKX market data, the price of Bitcoin today once broke through 103 thousand USD, with a 24-hour increase of 4.37%, currently reported at 102,546 USD. The total liquidation amount across the network in the past 24 hours is 298 million USD, of which long positions accounted for 143 million USD and short positions accounted for 155 million USD.
According to Wu, it has been reported by Slow Mist @im23pds that a recent data breach has been detected involving third-party services used by leading exchange platforms, affecting a large amount of employee information, including sensitive data such as email addresses and passwords. The relevant situation has been communicated to the concerned parties for handling. Be cautious of phishing emails and social engineering attacks, avoid clicking on unknown links or providing account information; promptly change passwords for high-risk accounts and avoid reusing passwords; enable two-factor authentication (2FA) to enhance account security; if there are any unusual logins or suspicious transactions, please verify and take security measures as soon as possible.
According to OKX market data, $BTC has surpassed 105,000 USDT, currently reported at 105,044.5 USDT, with a 24H increase of 5.55%. (This news is generated with AI assistance)
The cryptocurrency market data provider SoSoValue plans to airdrop 49 million SOSO tokens in the first quarter of 2025, accounting for 4.9% of the total supply. Most of the airdrop allocation comes from the platform's 30% ecosystem allocation and will be distributed through three methods: 4 million tokens will be distributed through the Bybit Launchpool platform, 15 million tokens will be distributed through a token generation event (PoW), and 30 million tokens will be allocated for PoS rewards from January 25 to February 25. Additionally, SoSoValue will launch the token on Ethereum next week, with Bybit being the first to list and support subsequent expansions to other platforms. (The Block)
According to Blockspace, currently, seven states in the United States have proposed legislation related to "strategic Bitcoin reserves," with varying content and implementation methods. Oklahoma and New Hampshire allow investments in digital assets with a market value exceeding 500 billion USD (essentially covering only Bitcoin); Wyoming's legislation permits the use of state funds to purchase Bitcoin but limits it to 3% of the total fund amount; Texas has two proposals, one allowing 1% of the state budget surplus to be invested in Bitcoin, and the other only permitting Bitcoin donations; Pennsylvania and Ohio have also proposed allowing state funds to directly invest in Bitcoin, but the specific terms are limited. Additionally, North Dakota has only passed a resolution supporting digital asset investment and has not yet formed a formal bill.
Today, the cryptocurrency sector of the US stock market experienced a general rise before the market opened, with MicroStrategy increasing by 3.3%.
According to Trader T's monitoring, the cryptocurrency sector of the US stock market is generally rising before opening today: