Market Update - February 2

- The entire market is down, with Bitcoin (BTC) closing January at a -10% loss. The market sentiment index has dropped to 14, indicating "extreme fear."

- The U.S. is prepared to negotiate with Iran through various channels. Turkey, Qatar, and Egypt are arranging a meeting in Ankara this week.

- Michael Saylor has revealed plans to continue accumulating BTC this week. BTC is currently approaching the average purchase price of Strategy at $76,037.

- The Wall Street Journal reports that a UAE company quietly spent $500 million to acquire 49% of the Trump Organization's WLFI project just before the former president took office.

- Japan's top financial firm, Nomura, has reduced its crypto subsidiary's position due to Q3 losses but maintains a long-term outlook.

- SoSoValue has launched the SoDEX exchange on its own blockchain, accompanied by airdrop program of 150 million $SOSO tokens.

Upcoming Events:

- February 4, 20:15: ADP private sector employment report for January (forecast: 48K, previous: 41K).

- February 5: The Bank of England (BOE) and the European Central Bank (ECB) are expected to keep interest rates unchanged.

- February 6, 20:30: Nonfarm payroll data for January.

  - Job additions (forecast: 67K, previous: 50K).

  - Unemployment rate (forecast: 4.4%, previous: 4.4%).

Token Unlocks:

- February 5: XDC Network will unlock 841.2 million $XDC (5% of circulating supply), valued at $29 million.

- February 5: Ethena will unlock 171.8 million $ENA (2.31% of circulating supply), valued at $23.5 million.

- February 6: Hyperliquid will unlock 9.92 million $HYPE (2.79% of circulating supply), valued at $304.8 million.

- February 6: Berachain will unlock 63.75 million $BERA (41.7% of circulating supply), valued at $29.4 million.

- February 10: Aptos will unlock 11.31 million $APT (0.69% of circulating supply), valued at $14 million.