1. Macroeconomic data:
1. Dollar index: finally down 0.071%, at 106.94
2. Treasury prices: 2-year U.S. Treasury yield ended at 4.247%, 10-year at 4.396%
3. Gold price: finally down 1.22%, at $2648.39 per ounce
4. WTI crude oil: WTI rose 1.45%, at $70.67 per barrel
5. Stock market: Dow down 0.20%, falling for the 7th consecutive trading day; Nasdaq up 0.12%
6. USDCNY: 7.287
7. Rate hike expectations: According to the Fed rate tracker, the probability of maintaining rates at 4.50 - 4.75% in December is 0.4%, while the chance of a cut to 4.25 - 4.50% is 99.6%.
8. Cryptocurrency: Overall market cap rose 1.04% to $3.63 trillion, with 24-hour trading volume down 7.83% to $123.04 billion; stablecoin market cap increased by 2.03% to $197.73 billion.
2. ETF holdings data:
Updated on December 13:
Net inflow of 10 Bitcoin ETFs: +5,181 $BTC (+$519.94 million); #iShares (Blackrock) inflow of 4,322 $BTC ($433.72 million), currently holding 535,154 $BTC ($53.7 billion).
Net inflow of 9 Ethereum ETFs: +61,434 $ETH (+$241.44 million); #iShares (Blackrock) inflow of 52,099 $ETH ($204.75 million), currently holding 981,155 $ETH ($3.86 billion).
3. Yesterday's macro news:
1. U.S. Q3 household net worth rises to a record high of $168.8 trillion.
2. Trump: The stock market is everything to me; will do great things in the cryptocurrency space.
3. Israeli military officials: Preparing for potential attacks on Iranian nuclear facilities.
4. Israel airstrikes around Damascus; army temporarily enters Syria's buffer zone; reports indicate Russia is close to an agreement to maintain military bases in Syria, claiming to have established direct contact with the political committee of the 'Sham Liberation Organization.'
5. The head of South Korea's ruling party stated that Yoon Suk-yeol's remarks to the public were 'unexpected' and will push the party to support impeachment; the National Assembly voted to approve an investigation into President Yoon Suk-yeol's alleged insurrection crimes, with the opposition party submitting an impeachment proposal against him.
6. The European Central Bank lowered interest rates by 25 basis points as expected, removing language that maintained a restrictive stance on rates. Traders now expect the ECB's rate cuts to be less than 125 basis points by 2025.
7. The Swiss National Bank significantly lowered interest rates by 50 basis points, while the market expected a cut of 25 basis points; the bank stated it is prepared to intervene in the foreign exchange market if necessary.
8. European Commission President Ursula von der Leyen stated on social media that Romania and Bulgaria have become official members of the Schengen Area.
9. The Japanese House of Representatives passed a supplementary budget for fiscal year 2024, which will then be sent to the Senate for review and voting.
10. Sources: The Bank of Japan is inclined to maintain stable interest rates next week.
11. The IEA raised its global oil demand forecast for next year to 1.1 million barrels per day but believes that the oil market will remain well supplied in 2025. The IEA also lowered this year's oil demand growth forecast by 80,000 barrels per day to 840,000 barrels per day.
12. Reports indicate that Canada is considering imposing export taxes on uranium, oil, and fertilizers exported to the U.S. in retaliation for Trump's tariff threats.
13. A Texas legislator proposed a bill to establish a strategic Bitcoin reserve within the state's finances.
14. BlackRock suggests that investors interested in Bitcoin allocate up to 2% of their portfolio to it.
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