🚀 Weekly Crypto Digest: Bitcoin’s Power Play & Market Shakeups 🌍💰
Weekly Crypto Digest; February 11, 2025
Welcome to this week’s edition of Crypto Weekly! 🎯 From Bitcoin’s dominance soaring to fresh ETF launches and on-chain trends, we break down the key market moves you need to know. Let’s dive in! 👇
🔥 Bitcoin Dominance Hits New Heights! 🚀
Bitcoin’s dominance (BTC.D) surged to 61.6%, marking its highest level since March 2021! This spike followed major altcoin liquidations, reinforcing BTC’s position as the king of crypto. 👑
🔎 Big Players Enter the Game! 🎯
🔹 BlackRock is gearing up to launch a Bitcoin Exchange-Traded Product (ETP) in Europe, with marketing set to kick off this month.
🔹 Trump Media & Technology Group is introducing three Truth.Fi ETFs, one of which will track Bitcoin—a bold move in election year! 🇺🇸
🔹 MicroStrategy (now rebranded as “Strategy”) remains a BTC whale, holding 471,107 BTC. Their new “21-21 Plan” aims to raise $42B by 2027 for more Bitcoin buys. 📈
🔹 Crypto.com is stepping up its game! A Cronos (CRO) ETF is planned for Q4 2025, while expansion into stocks, options, and ETFs is set for early 2025. A new stablecoin is also on the horizon!
📊 Bitcoin Market Outlook: What’s Next? 🔮
🟢 BTC Key Levels: $66,000 / $72,000 / $92,000 / $110,000 (ATH zone!)
Bitcoin is currently consolidating between $92,000 – $110,000, facing price compression amid macro uncertainties. Earlier in the week, BTC saw wild swings past $100K, but strong buy walls around $92K indicate solid support. If selling pressure grows, eyes are on $87K as the next safety net.
🔺 Key macro factor: Trump just slapped a 25% tariff on imported steel & aluminum, shaking global markets. His first 100 days in office could be crucial for Bitcoin’s trajectory. 📉
🏦 On-Chain Insights: Hodlers Stay Strong! 🔗
📉 Bitcoin exchange reserves continue to shrink, now at 2.4M BTC—signaling strong self-custody trends. Long-term investors are doubling down! 💎🙌
📢 Major institutional buyers like University of Austin, Emory University, and the Rockefeller Foundation are stacking BTC, aligning with Trump’s vision to make the U.S. a “Bitcoin superpower.” 🇺🇸💪
🦈 Strategy Inc. (ex-MicroStrategy) is leading the charge, raising $584M to add more BTC, now holding a record 218,887 BTC!
💵 Dollar Index Soars 📈—What Does It Mean for BTC?
The U.S. dollar (DXY) is pushing beyond multi-year highs, driven by:
✅ Interest rate expectations
✅ Global market uncertainty
✅ U.S. manufacturing boom (or at least the hope of one!)
🔹 Meanwhile, gold is on the rise, attracting safe-haven buyers. But BTC’s status as “digital gold” is gaining traction—could this be Bitcoin’s moment to shine as an inflation hedge? 🤔✨
🛑 ETH Struggles Despite Staking Boom 🟣
🚀 31% of all ETH is now locked in staking—reducing liquid supply. But despite this, ETH’s price is struggling, with short positions skyrocketing 500% since November 2024!
🔻 CME short positions are at record highs, capping ETH’s growth potential. Could we see a short squeeze rally? Timing is everything! ⏳
🔥 What’s Coming Next? Stay Sharp!
🔹 NZ Inflation Forecasts (Thursday): Could impact monetary policies & trade.
🔹 U.S.-China Tariff War: China’s new tariffs on U.S. coal, LNG, and industrial goods may shake global supply chains.
🔹 Fed Chair Powell Testimonies (Tue/Wed): Market-moving insights on inflation & rate cuts!
🔹 U.S. CPI Data (Wednesday): A high reading could delay rate cuts, boosting the USD but pressuring crypto.
📢 Final Thought:
Markets are hanging on Trump’s every word. If he sneezes, the markets might catch a cold. Brace for volatility! ⚡
Stay tuned for next week’s updates! 🚀💡
What’s your take on Bitcoin’s dominance and the macro trends? Let us know in the comments! ⬇️👇
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