🤑 Weekly Recap: Web3 Market Momentum Continues

Happy weekend Defiers!

The markets continued on a bullish trajectory, with most leading digital assets posting new year-to-date highs amid the backdrop of sustained spot Bitcoin ETF optimism and expectations the U.S Federal Reserve may soon begin easing interest rates.

BTC peaked above $44,000, while renewed momentum pushed ETH to $2,380. Spot ETF bullishness is also driving the Ether markets, with the SEC postponing the deadline for its decision on Grayscale’s spot Ethereum ETF bid until Jan. 25.