According to CCData, the cryptocurrency market is experiencing notable shifts. Bitcoin (BTC) has recorded its first weekly decline following the US elections, signaling potential market volatility. Meanwhile, Japanese company Metaplanet has made its largest BTC purchase to date, indicating significant institutional interest. In political developments, former President Trump has appointed Bo Hines to lead a new Crypto Council, potentially influencing future regulatory landscapes. Additionally, the market capitalization of USD Coin (USDC) has reached its highest level since 2022, reflecting growing confidence and adoption in stablecoins.

According to CCData, Bitcoin (BTC) has experienced its first weekly decline following the US elections, signaling potential market volatility. Meanwhile, Japanese firm Metaplanet has significantly increased its investment in Bitcoin with its largest purchase to date, indicating strong institutional interest. Additionally, former President Donald Trump has appointed Bo Hines to lead the Crypto Council, which could influence regulatory directions. Lastly, the market cap of USD Coin (USDC) has reached its highest level since 2022, reflecting growing demand for stablecoins.