Bitcoin Difficulties Jump by 10% as BTC Soars; Metamask Introduces Liquid Staking

Daily Top Mover — Bitcoin (BTC)

U.S. stock markets saw a remarkable rebound last week as inflation concerns eased in the wake of decelerating December’s CPI.  Friday’s earning releases from banks such as JP Morgan have reassured the market that chances of recession are decreasing. Meanwhile, the broader cryptocurrency market capitalization has reached $1 trillion for the first time since FTX’s debacle. The top mover for today, Bitcoin, registered a 24-hour return of 2.5% as of the time of writing, leading the broader cryptocurrency to rebound. The largest cryptocurrency by market capitalization emerged as the best performer among the top 10 largest cryptocurrencies in the past week, likely due to improving macro conditions and short liquidations.