For the most part, cryptocurrencies and bitcoin marked the decline this Monday, January 29, and the global market capitalization fell slightly by 0.9%; which translates into an approximate valuation of US$1.71 billion.
Bitcoin (BTC), the world’s most popular digital currency, reached $49,000 and $38,000 this month. With the settlement of the first spot BTC ETFs in the United States and the next run of important dates for the US macro economy, price fluctuations are expected to spread and drag down other major cryptocurrencies such as Ethereum (ETH) or Solana ( SOL) at the beginning of February.