In Market Report this week, Cointelegraph's resident experts discussed Bitcoin's impressive rise in January and whether there are any indicators suggesting that Bitcoin is likely to rise again in February.

Based on the latest developments in the market, this week's variety show:

Better January from 2013 to now? Five things Bitcoin must know this week

After setting its biggest weekly closing price in nearly six months, Bitcoin is still up more than 40% against the dollar so far this year, with a monthly gap of only 48 hours-can Bitcoin's rise continue? From beginning to end, with the worry of the market sweeping the market, we have been worried that Bitcoin will fall, or even a new macroeconomic bitcoin price floor. However, this complex and changeable reversal has not been completed, and the next few days will still be a critical period for the long-term market of Bitcoin. It will be a busy week for the market, as the Federal Reserve (Federal Reserve / FED) decides to raise interest rates next week, Federal Reserve Jerome Powell (Jerome) will release a highly anticipated message on economic development and policy. The ECB will make the same determination in a day's time. This adds to the psychological pressure on the closing of the monthly summary, and it is easy to see that the recent history of Bitcoin is likely to be more volatile in the coming week. So be prepared when we pundits dissect five important things Bitcoin needs to know this week.

Nigeria limits ATM withdrawals, bitcoin equity premium up to 60%

At the time of writing, the price of 1BTC in Naira EX, a Nigerian password trading center, is 17.2 million naira, equivalent to a shocking price of $37341. This is a very large equity premium to the current market price of Bitcoin, which, at the time of writing, was about $22874. In addition, the Central Bank of Nigeria continues to increase restrictions on ATM withdrawals in order to accelerate the change to a cashless society. Considering that more and more people are flocking to buy such top digital currencies, does this have an impact on the price of bitcoin? How will this affect other markets?

Elon Elon Musk expects Twitter payment platform to consider data encryption

It is reported that tweet CEO Elon Musk has already marked its developers to build the site's payment platform in a way that can add data encryption in the future. Payment instruments will be the first to apply currency in circulation, but if there is an opportunity, there will be a level of integration into digital currency. At this stage, the system will involve blockchain technology or password technology is still very hazy, but considering that the TwitterCEO is very well-known in the password field, we are disillusioned with this matter.

Our own authoritative experts report this and other small and medium-sized stories of development, so please watch as soon as possible to enhance the latest password released worldwide.

The next step is a section called "Fast data encryption reminders", which aims to give quick and simple reminders to rookies in the password field to make the most of his work experience. This week's tip: how do you judge a new password project?

Marcel Pechman, a market authority expert, then carefully analyzed the Bitcoin and ETH markets. Is the market situation rising or bullish at this stage? What are the prospects for the next few months? Peckman came here to get rid of the situation.

In the end, we can win some ideas from Cointelegraph Markets Pro, which is a channel for password traders who need to lead the market. Our own investment analyst uses Cointelegraph Markets Pro to identify two alternative currencies that stand out this week, so watch as soon as possible to find out what's on the list.

Do I have any questions about coins or topics that can't be discussed? Don't worry-add a YouTube chat room and write about your problems there. People with the most special comments or problems will have the opportunity to get an one-month Markets Pro subscription, with a market value of $100.

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