December 4th Hot Topics
December 4th WEB3 Hot Topics
1. South Korean Presidential Office Executives Resign Collectively
On December 4th, the head of the South Korean Presidential Office and the Chief Secretary collectively resigned. According to Yonhap News Agency, assistants to President Yoon Suk-yeol have resigned. Market news indicates that South Korean Finance Minister Choi Sang-mok will hold a ministerial meeting at 10:00 AM local time (9:00 AM GMT+8).
2. BNB Briefly Surpasses $770, Setting New Historical High
According to Binance market data, BNB briefly surpassed $770, setting a new historical high, with a 24-hour increase of over 18%.
3. Bitcoin Market Share Continues to Decline Since November 21 Peak
According to Deep Tide TechFlow, on December 4th, TradingView data shows that Bitcoin's market share (BTC.D) has been declining since it reached a peak of 61.53% on November 21, currently reported at 55.19%.
4. Federal Reserve Chair Powell to be Interviewed
Federal Reserve Chair Powell will be interviewed at 02:45 AM GMT+8 on the 5th. He previously stated that he is “not in a hurry” to cut interest rates. Tonight at 21:15 GMT+8, the U.S. ADP employment numbers for November will be released, expected to drop to 150,000.
5. Federal Reserve Musalem Hints at Possible Pause in Rate Cuts
According to BlockBeats, on December 4th, Federal Reserve Musalem indicated that a pause in interest rate cuts may be considered at the upcoming Federal Reserve meeting.
