20241203

1) Market trend

BTC fell slightly, and the BTC dominance rate was adjusted at the monthly level. The US government plans to sell $2 billion in BTC.

US stocks rose. The US dollar strengthened, the RMB exchange rate depreciated to 7.3, and Trump threatened to impose a 100% tariff on countries that do not use the US dollar.

2) Market hot spots:

1. Old coins such as XRP, HBAR, XVC, ZEC, and IOTA soared. Institutions applied for XRP ETFs, and HBAR cooperated with XRP. XRP's market value can surpass ETH and become the second if it rises by another 60%.

2. ETH's Link rose sharply. Link is the oracle of DeFi, and the old coins that have risen sharply recently are all old coins in 2017.

3. Moodeng and Pnut of animal meme rose. Hippo Moodeng was listed on Coinbase, and Pnut was also retweeted by Coinbase before. Recently, the wealth-making effect of Coinbase in the United States is very strong, and the funds for this round of bull market speculation mainly come from the United States.