📉 Market Overview
bitcoin traded in a wide but controlled range this week, slipping toward the mid-$86,000 area before stabilising closer to $88,000–$89,000. Ethereum moved sideways around $2,900–$3,000. The market remained cautious as investors balanced profit-taking after January’s rally with expectations of clearer regulatory signals.
🏦 Institutional Moves
Major global banks continue to edge closer to crypto. UBS confirmed it is exploring crypto investment access for select private banking clients, signalling growing institutional demand for regulated exposure to digital assets rather than direct retail speculation.
⚖️ Politics and Regulation
In the United States, progress on comprehensive crypto legislation stalled as disagreements emerged in Congress over stablecoin rules and market oversight. While this created short-term uncertainty, regulators reiterated that work on long-term digital asset frameworks remains a priority.
In the UK, regulators tightened scrutiny of crypto marketing, reinforcing that promotional messages must not present crypto as a solution to economic hardship.
📊 ETF and Capital Flows
After strong inflows earlier in January, spot bitcoin ETFs saw mild outflows this week as funds rebalanced positions. Analysts note that this behaviour reflects consolidation rather than a shift in long-term sentiment, with institutional participation still historically high.
🔗 On-Chain Signals
Blockchain data shows continued accumulation by long-term holders, while exchange balances remain near multi-year lows. This suggests selling pressure is limited despite recent volatility.
😄 Fun Crypto Fact
The Dogecoin Foundation’s commercial arm is working on a DOGE-focused mobile payment app called “Such”, leaning fully into meme culture while aiming to make everyday dogecoin payments simpler and faster.
Crypto markets are consolidating, institutions are positioning, regulation is tightening, and even memes keep evolving. Stay alert and trade smart with NordFX 💹

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