Market Sentiment Shifts: Crypto Market Trends and Performance for the Week Following New Year’s
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As of the beginning of 2025, it’s been a week since the new year started, and we’ve witnessed a significant surge in the overall market. The ETH price remains at $3,591.11 – roughly 1.07% below its weekly peak.
Among the top ten cryptocurrencies, nearly all have reported growth over the past seven days. Notable mentions include BTC with a 5.87% increase and Ethereum’s 7.05%. Other notable gainers include XRP (14.5%), BNB (3.4%), Solana (17.6%), Dogecoin (24.5%), and Cardano (25%).
The top five trending categories in the crypto space are currently PolitiFi, The Boy’s Club, Frog-Themed, Elon Musk-Inspired, and AI Agents. Among these, PolitiFi is notable for its 47.6% growth over the past seven days.
Regarding specific cryptocurrencies, Bio Protocol, ai16z, Sui, Virtuals Protocol, and Hyperliquid are among the top five trending cryptos this week. Notably, ai16z has experienced a staggering 75.8% growth over the same period.
A broader market review reveals some interesting statistics. The market capitalization of currencies has seen an increase of 4.36%, while chains have seen a significant growth of 9.32%. On the other hand, CeFi has reported a decline in its market capitalization by approximately 5.82%.
The last week of January has been marked by significant developments and trends that will continue to shape the crypto landscape in the coming weeks and months.
Source: coinpedia.org
