💸 $BTC Crypto market down! Do you think we've already started the bear market?🤑
Bitcoin ended the week down, registering a 3.44% drop on Friday, January 31, 2025, trading at US$ 102,134.61, according to Binance. This devaluation occurred amid a week marked by volatility in the technology market, influenced by developments related to the chatbot of the Chinese company DeepSeek. In addition, measures by the President of the United States, Donald Trump, directed at the crypto sector, contributed to the instability. At the same time, MicroStrategy expanded its Bitcoin accumulation strategy, recently acquiring 10,107 units for US$ 1.1 billion, bringing its total holdings to 471,107 bitcoins, valued at approximately US$ 47 billion. On the international scene, El Salvador revoked Bitcoin’s legal tender status, restricting its use to transactions between citizens and private companies, with voluntary acceptance. Meanwhile, CME Group announced the launch of options on Bitcoin futures, scheduled for February 24, pending regulatory review.