Story perspectives

Crypto Markets Plummet $300 Billion Ahead of Key Reports

1/13/2025

41 4

Summary

Story summary

Crypto markets experienced a significant decline, losing over $300 billion, with Bitcoin and Ethereum down 5% and 11%.
Upcoming US inflation reports, including PPI and CPI, could affect Federal Reserve monetary policy decisions.
Ondo Finance is set for a major token unlock on January 18, releasing 2.57 billion tokens, which may impact its price.
The token has decreased 43% from December highs, forming a falling wedge pattern that suggests a potential bullish breakout.

1 of 1

Story summary

Crypto markets experienced a significant decline, losing over $300 billion, with Bitcoin and Ethereum down 5% and 11%.
Upcoming US inflation reports, including PPI and CPI, could affect Federal Reserve monetary policy decisions.
Ondo Finance is set for a major token unlock on January 18, releasing 2.57 billion tokens, which may impact its price.
The token has decreased 43% from December highs, forming a falling wedge pattern that suggests a potential bullish breakout.