1. #Bitcoin corrects below the $100,000 mark

Bitcoin (BTC) price: After nearly reaching the $100,000 mark, BTC has dropped to around $95,609, with a decrease of 2.7% in the past 24 hours.

Reason for the price drop: Some investors are taking profits after a strong year-end rally and are concerned about the Fed's monetary policy.

Bitcoin is expected to retest the support level of $93,000 before bouncing back.

2. #Ethereum is under selling pressure

ETH down 3.4%, currently trading around $3,369. Profit-taking pressure and competition from emerging blockchains like Solana and Polygon have caused difficulties for Ethereum.

Investors are waiting for the new Ethereum update expected in early 2025, anticipated to increase scalability.

3. Russia officially uses Bitcoin in international transactions

Russia has declared the acceptance of Bitcoin to replace USD in international transactions, opening a new door for cryptocurrencies in global trade. This move is aimed at countering Western economic sanctions.

4. MicroStrategy continues to buy more Bitcoin

MicroStrategy announces the purchase of an additional 2,500 BTC, raising the total amount of BTC held to 135,000 BTC.

CEO Michael Saylor emphasizes: “Bitcoin will be the safest store of value asset in the future.”

5. Pressure from major altcoins

BNB: Down 1.5%, currently at $695.64. Legal pressure from the SEC remains heavy.

Ripple (XRP): Trading at $2.19, down 4.4%. Regulatory uncertainty continues to impact XRP.

6. Large amounts of money flowing into stablecoins

Investors are seeking stability before year-end fluctuations. USDT and USDC are seeing a strong increase in trading volume.

7. Notable events in the coming days

US CPI: The report expected to be released on December 29 will significantly impact market sentiment.

Global blockchain conference: Taking place on December 30, gathering many large projects, potentially creating a FOMO wave for altcoins.

US CPI information and the global blockchain conference will be continuously updated. Follow for the fastest news updates.

( Note: The sourced information is compiled to provide information to the community, not investment advice. )