The last week of January brought investors a lot of emotions. Sebastian Seliga of Zondacrypto summed up everything for you.
Litecoin on the wave of growth thanks to speculations about ETF
The price of Litecoin (LTC) increased, reaching USD 134. This is the effect of speculation that SEC will approve ETF on Litecoin in 2025. Players on PolyMarket, a decentralized predictive market, estimated the likelihood that SEC will approve the LTC -based LTC fund at 87%. Optimism increased after SEC began the public phase of consultation regarding Canary Litecoin ETF. The SEC decision may be made in 240 days, but the change of the regulator’s approach led by Marek Uyedy gives hope for faster approval.
Key macroeconomic events
President Donald Trump announced 25 % customs tariffs about Canada and Mexico. He plans new tariffs for China. Threatens 100 % Customs tariffs for BRICS countries if they try to replace the American dollar. In addition, he signed an executive regulation prohibiting the creation of CBDC (digital currency of the central bank).
The European Central Bank confirmed that Bitcoin will not be included in the reserves of EU central banks. At that time, the central bank considered adding Bitcoin to reserves.
Arizona’s state voted by the Strategic Bitcoin Reserve Act, which allows you to invest up to 10% of public funds in BTC and other digital assets. Another state, Utah, passed a law enabling investments in digital assets, which will now go to the Senate.
The federal reserve did not reduce interest rates. Chairman Jerome Powell said that inflation has fallen significantly in the last two years, but the inflationary goal of 2% remains a priority. He confirmed that banks can fully serve cryptocurrency clients.
In turn, Tesla recorded a profit of USD 600 million from investment in Bitcoin in the fourth quarter of 2024, using the new FASB accounting rules. The Department of Government Efficiency (Doge), headed by Elon Musk, announced that he saves USD 1 billion per day for the US government. Musk itself predicts “lack of inflation in 2026” if US expenditure is reduced by USD 4 billion per day.
Grayscale and new ETFs
Grayscale submitted applications for ETFs on Litecoin (LTC), XRP and Solana (SOL). In addition, BitWise submitted an application for ETF at Dogecoin (Doge).
Network records and Bitcoin adoption
The number of portfolios in the Bitcoin network with a balance of at least $ 100 increased by 25% during the year, reaching almost 30 million.
MicroStrategy bought 10.107 BTC for USD 1.1 billion at an average price of USD 105,596 per bitcoin, increasing its resources to USD 471.107 with a value of USD 30.4 billion.
ETFs BTC bought 16,500 BTC this week, while the average number of Bitcoins extracted was 3,150 BTC per day.
Summary
The cryptocurrency market came in 2025 with high dynamics. Speculation around ETFs, governments and the growing adoption of Bitcoin and Litecoin indicate the further development of the industry. Will the upcoming SEC decisions and new regulations accelerate the global adoption of cryptocurrencies? Time will tell.
You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the Zondacrypto stock exchange.
