In January, the Top 10 coins showed mixed results, reflecting a market that was in a consolidation phase...

In January, the Top 10 coins showed mixed results, reflecting a market that was in a consolidation phase. 📊 Half of the leading coins ended the month on a positive note, posting gains, while others experienced declines.

The launch of spot BTC ETFs did not result in significant price changes as broad market sentiment remained conservative and risk-averse. Moreover, in the final days of the month there was a decrease in price, against the backdrop of a drop in supply and demand in the futures market, where profit was taken.

The best performing currencies in January were TRX and LINK, which showed positive, albeit modest, results. 🌟 TRX closed January with a gain of 4.0%, while LINK added 3.5%. ETH and BTC remained relatively stable, finishing the month up 2.7% and 1.6%, respectively. 📈💹 Among the losers was XRP in January, losing 17%. 😓📉

At the moment, February 5, the background of the crypto markets is neutral. The greed and fear index is at 54%. 🔄 TRX is in the lead, adding more than 2%. 🚀💹

06.02.2024