🔥Overview of the Crypto market update 18/12 and weekly activity range. For those who don't follow the news closely, you can read this brief to understand the current market.
🔹The ETF SPOT BTC and ETH continue to see positive cash flow with a total of over 630 million $
🔹Trading volume and the market have cooled down regarding the FOMO for Bitcoin and Altcoin, especially for memecoins.
🔹Crypto investors and general financial investors are all waiting for the FED's interest rate cuts.
🔹User activity in the Crypto market in December has reached a record high ever.
🔹Experts are increasingly showing support for Bitcoin and Crypto, predicting that Bitcoin could reach 140k$ in Q1 2025, which could elevate the support for Crypto from countries, businesses, and organizations to a new level.
🔸FUD Binance accidentally leaked information about 5 tokens on the Binance Alpha list, which was clarified by Yi He to be false but has affected the pairs: RIF - MONKEY - HAPPY - ZRC - ELIZA (note not to FOMO)
🔸The FOMO market has cooled down, a large number of spot investors are sitting still, and the volume of perpetual contracts has increased.
🔸Trump's crypto asset value has returned to increase beyond $13 million.