Wintermute posted on X stating that it is clear we are already in a bear market, and in fact, it has lasted for some time—especially judging by the performance of altcoins, the extreme concentration of rebounds, and market sentiment on X. However, what makes this bear market different is that it was not triggered by structural collapses like FTX, Luna, or 3AC, but rather driven by macroeconomic conditions and cyclical trend changes, representing a relatively natural deleveraging process, with the core driving forces being changes in positions, risk appetite, and market narratives.

the market shows BTC breaking through $79,000, currently at $79,014.62, with a 24-hour increase of 3.04%. The market is highly volatile, please manage your risk accordingly.

 the market shows that ETH has fallen below $2300, currently at $2299.76, with a 24-hour increase of 1.65%. The market is highly volatile, please manage your risks accordingly.

market shows BTC breaking through $79,000, currently at $79,010, with a 24-hour increase of 2.66%. The market is highly volatile, please manage your risk accordingly.

Chicago Board Options Exchange (Cboe) is in early discussions with retail brokers and market makers to relaunch binary options contracts, aiming to compete in the rapidly growing prediction markets. Kalshi and Polymarket reached a trading volume of $17 billion in January, setting a monthly record high. Cboe had launched the product in 2008 but subsequently withdrew it, and is now seeking to reposition the product as a starting point for retail investors entering the options market through compliant design. The plan will be regulated by the SEC or CFTC.

Following its weekend rout, Bitcoin dropped to $74,600 on Monday, marking a nine-month low for the cryptocurrency.

New CryptoQuant data shows how January’s US winter storm disrupted Bitcoin mining as operators curtailed power use amid grid stress.

The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges.

 the market shows BTC falling below 75,000 USD, currently at 74,991 USD, a 24-hour decline of 4.9%, with significant market fluctuations, please manage your risk accordingly.

 the market shows BTC falling below $75,000, currently at $74,968.02, a 24-hour decline of 4.83%. The market is highly volatile, please manage your risk accordingly.