🤑 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.
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