🆕24h Crypto Market Overview: DOM Down and Altcoin Recovery
⏰Monday, December 01, 2024
♨️Overview:
Bitcoin closed the monthly candle with a 43% increase, sideways with a small amplitude in the weekend trading session, giving some Altcoins a chance to grow strongly. ETH's recovery to the 3k7 area has made the community talk a lot about the coming Altcoin season. For the first time since its launch, ETH inflows reached a record high of $332M, surpassing BTC inflows during the day.
On a macro level, this week will have important news from the Non-farm payroll and US unemployment rate. Before that, you should also pay attention to the speech of the Fed Chairman
♨️ETF Updating (11/29/24):
💰Bitcoin ETF Spot: 🟢$320M
🔹Etherium ETF Spot: 🟢$332M
🎯Weekly Highlights:
▪️Thursday: Fed Chairman speaks at 01:45
▪️Saturday: US releases Non-farm payroll and unemployment rate
Ripple surpasses SOL's capitalization, becoming the 4th largest coin, after Tether.
❇️Top Gainers/Decliners:
🟢$HBAR 28% 🔴$CORE 15%
🟢$AIOZ 23% 🔴$THETA 7%
🟢$EOS 17% 🔴$WLD 6%
🆕Hot News:
- Binance is recognized by Fast Company as one of the 4 most innovative companies in finance and financial technology in 2024👉Binance
- BlackRock's BUIDL fund is expected to provide more than 90% of the funding to support the USDtb stablecoin launched by Ethena and Securitize👉TheBlock
- Russia will have a tax law on crypto trading from 13-15%, recognizing crypto as property and exempting VAT on BTC mining activities👉BitcoinNews
- New York is expected to accept Ripple to issue stablecoin👉Foxbusiness
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