Date: December 13, 2024

1) Market Trends

BTC: Showing a trend of fluctuation and gradual decline.

ETH ETF: This week's inflow reached a historic high.

Market Sentiment: Market prefers to speculate on old coins, with older altcoins rising while new coins are experiencing declines.

U.S. Stocks: Declined.

U.S. Economic Data: November industrial inflation PPI exceeded expectations; market predicts a possible pause in interest rate cuts in January next year, with the expectation of rate hikes potentially postponed until March next year.

2) Market Highlights

Public Chain and DeFi Project ETH: Price increased.

DeFi Projects: $LINK , AAVE, COW, LDO surged. Among them, the Trump family purchased ETH, LINK, and AAVE through the COW protocol. The rise of LDO is related to Grayscale's submission of a trust application.

Reason for Rise: The current surge in DeFi projects is closely related to U.S. politics and compliance narratives.

Payment Sector AVA, UTK: Soared. $AVA is a travel crypto payment platform, an old coin issued in 2017. CZ announced investment before the pandemic, with current revenue reaching $100 million.

On-chain AI and Meme coins $GOAT, VIRTUAL, FARTCOIN: Increased. Among them, GOAT has been listed on OK exchange.

$DESCI: On-chain DESCI's URO surged, with a market cap exceeding RIF.

New DeFi Coin: HYPE's market cap reached $18 billion.

BN New Coin Sector Leading Decline: ME, MOVE, USUAL, $ORCA , ACX, etc.

USUAL Decline Reason: Pre-market trading ended, and supply is expected to increase significantly.