The new week starts with BTC rising, breaking $106,000, setting a new record.
This week is a macro big week, with a group of central banks led by the Federal Reserve of the US about to announce interest rate decisions. Currently, the futures market shows a 99% expectation of a 25 basis point rate cut from the Federal Reserve. Other important data this week is also worth paying attention to, as the next interest rate meeting will enter the Trump cycle, during which it is also worth noting whether the US stock market will experience significant fluctuations. Currently, ETF inflows are strong, and a rising US stock market is also beneficial for the crypto market.
Key events this week:
On December 16, the BTC scaling solution Stacks opened BTC deposit functionality, marking the first phase of sBTC deployment;
On December 19, the Federal Reserve will announce its interest rate decision;
On December 19, Powell will hold a monetary policy press conference;
Market outlook: BTC stabilizes above $100,000, while ETH fails to hold above $4,000. The market was relatively calm last week, although market capital inflows are still lacking. As Christmas approaches, market position adjustments are happening. The options market is stable, and block trading and market rates are worth noting. Currently, the main term IV is at a relatively low level, with short-term IV showing a significant decline, making it a good opportunity to consider buying.
» Virtuals Protocol ($VIRTUAL)
Market cap: $2.861 billion
24-hour trading volume: $328 million
The current price of Virtuals Protocol (VIRTUAL) is $2.88, with a 24-hour trading volume of $328,274,244. This indicates a price increase of 22.88% in the past 24 hours and an increase of 82.80% over the past 7 days.
VIRTUAL is a token with AI (Artificial Intelligence) fundamentals, and it is one of the gainers among altcoins this month.
According to BeInCrypto's survey, VIRTUAL experienced a significant price surge due to demand for tokens related to trend AI agent narratives.
» Moca Coin ($MOCA)
Market cap: $334 million
24-hour trading volume: $956 million
The current price of Moca Coin (MOCA) is $0.2159, with a 24-hour trading volume of $955,717,118. This indicates a price increase of 147.73% in the past 24 hours and an increase of 143.67% over the past 7 days.
With the launch of more features and use cases, MOCA is expected to enter more mainstream exchanges, with prices potentially reaching around $10.
MOCA is currently in a stable rising phase and is a worthy investment target. It is recommended to accumulate positions during price pullbacks while paying attention to team dynamics and market trends for timely adjustments of investment strategies.
» $ONDO
Market cap: $2.972 billion
24-hour trading volume: $881 million
The current price of Ondo (ONDO) is $2.07, with a 24-hour trading volume of $881,463,258. This indicates a price increase of 14.61% in the past 24 hours and an increase of 30.40% over the past 7 days.
A tokenized leader supported by BlackRock, with the core goal of combining traditional finance with blockchain technology, promoting cryptocurrency as collateral in traditional financial markets.
Ondo is building the next generation of financial infrastructure to enhance market efficiency, transparency, and accessibility.
With the backing of BlackRock, a project that is also part of Wall Street market makers like Sol Tia, it has strong market potential.
» Hyperliquid ($HYPE)
Market cap: $8.944 billion
24-hour trading volume: $353 million
The current price of Hyperliquid (HYPE) is $27.07, with a 24-hour trading volume of $352,682,521. This indicates a price increase of 23.46% in the past 24 hours and an increase of 111.01% over the past 7 days.
The biggest gainer among altcoins in December is HYPE, the native token of the decentralized perpetual exchange Hyperliquid.
It is calculated as the product of price and circulating supply.