news 
Here’s How the Crypto Market Performed in January, According to Binance Research
The crypto market has been a rollercoaster ride in recent times, with various factors influencing its performance. To provide a comprehensive overview of the events that transpired during January 2025, we have obtained a report from the research arm of the world’s largest crypto exchange, Binance.
As per the findings of this report, early January witnessed a recovery in the crypto market capitalization after a downturn experienced at the end of December 2024. This upswing was largely fueled by changes in U.S. administration and the potential for pro-crypto regulations. The crypto market cap reached an all-time high of $3.76 trillion during this period.
The report also highlighted that following President Donald Trump’s inauguration, he signed an executive order banning the creation of a U.S. Central Bank Digital Currency (CBDC) while exploring the establishment of a national crypto reserve. These factors fueled positive momentum in the market until late January when the emergence of AI model DeepSeek shook the markets along with concerns about U.S. tariff policies.
The Binance Research report also revealed that the crypto exchange has seen an influx of new tokens, leading to the creation of more than 37 million cryptocurrencies. Analysts predict that by the end of this year, there will be at least 100 million cryptocurrencies in circulation.
In the wake of these developments, it is essential to note that the market witnessed a rise in ETF filings with the Securities and Exchange Commission (SEC), particularly following the departure of Gary Gensler as SEC head. As of now, there are approximately 47 active ETFs spanning across 16 different crypto asset categories including meme coins.
The month also saw a heightened interest in AI agents, decentralized finance (DeFAI) sector, which attracted considerable capital. On a related note, Solana’s decentralized exchange (DEX) volumes surpassed those of Ethereum since October 2024, with the network dominating narratives around meme coins and AI agents.
In conclusion, we can see that January was quite an eventful month for the crypto market, filled with various factors and changes that influenced its performance.
Source: cryptopotato.com
