🚨 Crypto Market Update – Dec 20, 2024 🚨
🔹 Global Market Cap: $3.25T (-7.73%)
🔹 BTC Price: $98,448 (+3.46%) | Range: $92,233–$99,541
🔹 Top Gainers: DF (+98%), ZEN (+51%), COW (+49%)
📊 Liquidations: $118M in 12 hrs
Longs: $43.14MShorts: $73.84M
🏦 Macro Highlights:
MicroStrategy: +$1.5B BTC purchase | 439K BTC held (~$47B). Fed Rate Cut: Down
to 4.25–4.5%; slower cuts expected in 2025.ETF Outflows: $680M from BTC ETFs
after a 15-day inflow streak.
📈 Ethereum Insights:
Price struggles at $4,000, support near $3,000.Exchange ETH balances hit an
8.5-year low (9.2M ETH).Spot ETH ETFs: $2.43B inflows; projected target: $6,000
by Q4 2025.
📅 Key Events Next Week:
Mon: U.S. Consumer Confidence IndexThu: Initial Jobless Claims
⚠️ Holiday Caution: Low liquidity may increase market volatility.
Check out our website for more articles like this one at meowdini.news
#CryptoUpdate #Bitcoin #Ethereum #CryptoMarket #FedPolicy #CryptoNews
#MarketAnalysis #BTC #ETH #Altcoins #MacroTrends
