New Year’s Highlights, get the market focus in 1 minute | 1/4

This article is machine translated
Show original
  1. $BTC (Bitcoin): Opened at approx. $87,500 on Jan 1 and stabilized around $90,000, marking a strong rally to kick off 2026.

  2. $ETH (Ethereum): Started at $2,970 on Jan 1 and held steady above $3,100 by Jan 3, outperforming the broader market. Institutional entry signals are becoming apparent.

  3. $XRP: Led the gains over the three-day period, breaking $2.00 and briefly flipping BNB to become the 3rd largest cryptocurrency, driven by favorable regulatory expectations.

  4. $ENA, $ADA, $SUI: All surged over 10% in 24 hours as the rotation into legacy altcoins and Meme coins continues.

  5. Market Outlook: Analysts are overwhelmingly bullish for 2026. Major institutions forecast BTC reaching $150,000 to $250,000 or higher.

  6. Government Holdings: Latest data shows the U.S. government holds approx. $30.7 billion in crypto, with Bitcoin accounting for 97% of the portfolio.

  7. Global Macro: The U.S. military raid in Venezuela—officially cited as a crackdown on drug trafficking—is widely interpreted as a move to consolidate the Petrodollar system and assert dollar hegemony.

2026 is off to a powerful start. How do you think the market will play out next?

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments