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Cryptocurrency market cap rose 8% in January to $3.4 trillion, despite trading volumes falling.
Despite a 24% drop in daily trading volumes, the cryptocurrency market saw an 8% increase in market capitalization in January 2025, reaching about $3.4 trillion.
Bitcoin led the growth with a 10% increase, followed by a 25% surge in Solana's market cap, while Ethereum's declined by 1%.
The report noted a slowdown in DeFi and NFT metrics, but highlighted regulatory progress, including the establishment of a new crypto taskforce.
2 months ago
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