Weekly Crypto Roundup (3 January 2025)
Market update
After reaching multiple new all-time highs, Bitcoin experienced notable volatility as 2024 ended and 2025 began. Traders speculate that the recent price action is linked to tax-loss harvesting. Traditional markets worldwide also saw pullbacks, reflecting continued sluggishness in global economies. Bitcoin began the year at approximately $95,000 and closed the first week of 2025 slightly higher at $96,000. The total Crypto market Capitalisation sits at 3.5 trillion.
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Notable news
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Word of the day
Slippage - the price of a cryptocurrency may change between the time an order is placed and the time that order is ultimately filled. Slippage is the difference between a cryptocurrency’s quoted price and the price that a trade executes at.