Market Update on January 13th: BTC fell during oscillation, breaking the weekly support level.

CoinWorld News, 1. Market dynamics: 1. BTC fluctuates and falls, breaking through the weekly support. Altcoins are also fluctuating, with the market’s profit effect weakening. 2. The US stock market has plummeted, with the 10-year US Treasury yield approaching the peak of 5%. The market expects the Federal Reserve to cut interest rates only once in October this year. However, if the decline in the US stock market forces the Trump administration to compromise on tariff issues, February or March may be the longs opportunity. 2. Market focus: 1. New coins AIXBT and Cookie have both fallen back to the issuance level. The Cookie project team took the opportunity to sell on BN. 2. Leading projects in the on-chain AI field such as Virtual, AI16Z, ARC, and Fartcoin continue to experience big dumps. The founder of AI16Z was accused of supporting a rival AI DAO and causing community backlash. In addition, the on-chain AI project Holo has seen a rise. Holo is a platform that can clone celebrity AI agents based on language models, but its competitive barriers are low. 3. In the Meme category, PNUT, UFD, CWH, and others have experienced significant increases. UFD was once popular; CWH is a mixed breed short-haired cat-themed coin. The quality of new AI projects is declining, the community is experiencing aesthetic fatigue, and funds are starting to flow from the AI field to the Meme category. 4. Ondo in RWA unlocked $2.4 billion this week, reaching 130% of the circulating supply.