
As of January 4th, 2025, the ETH price remains at $3,591.11, approximately 1.07% below the weekly peak.
Despite a relatively calm start to the new year, this week has been marked by significant growth in the crypto market. Almost all top ten cryptocurrencies have shown growth over the past seven days. Notably, Bitcoin and Ethereum experienced substantial gains of 5.87% and 7.05%, respectively.
As we take stock of the market’s performance, it is essential to highlight some notable trends and developments.
Firstly, PolitiFi has emerged as one of the top trending categories this week with a seven-day growth of 47.6%. Furthermore, ai16z is the highest-performing cryptocurrency this week, boasting an astonishing 75.8% rise in market value over the same period.
As we dive deeper into the broader crypto landscape, it’s crucial to consider category-specific performance.
In the last seven days, we’ve seen significant growth in various sectors:
1. Meme coin: +21.7%
2. DeFi: +6.96%
3. Blockchain infrastructure: +8.98%
4. Blockchain services: +11.4%
5. GameFi: +11%
On the other hand, there has been a decline in the market cap of CeFi by approximately 5.82%.
Finally, we should note that the overall market capitalization has increased by 4.36%.
Source: coinpedia.org