Crypto Trends Chart Book: Understand What is Moving in the Market and Why.
US CPI, Bitcoin, Ripple, Ondo, Raydium, Mantle, and many more notable news.
👇1-16) This week, concerns over higher U.S. inflation arose after the ISM Non-Manufacturing PMI Prices sharply increased, leading to sell-offs across Bitcoin, stocks, and bonds. Friday brought further inflation worries, with stronger-than-expected employment data causing additional declines in stocks and bonds. Crypto markets had a challenging week, with Bitcoin down 4%, outperforming most other tokens.
Please find below our Token Trend Chart Book with 57 charts
US CPI YoY (LHS) vs. ISM Non-Manufacturing PMI Prices (RHS)
👇2-16) Key events include releasing U.S. CPI inflation data next week, Trump’s inauguration on January 20, and SEC Chair Gary Gensler stepping down shortly before. Additionally, a deadline for a potential Solana ETF looms on January 23.
Weekly Token Unlocks (jump from $791m to $3,322bn next week)
👇3-16) Token unlocks are also set to surge, increasing from $800 million this week to $3 billion next week. ONDO will see $2.4 billion in unlocks on January 18, equivalent to 134% of its circulating supply. The token has declined 20% over the past seven days, making it one to watch closely.