According to BlockBeats, on December 3, a report from 10X Research showed that the US government has shifted toward crypto-friendly policies since Trump was elected. This trend is expected to continue and expand trading opportunities.
The South Korean government has also taken a more favorable stance toward cryptocurrencies. Retail trading volume in South Korea’s cryptocurrency market surged to $18 billion in the past 24 hours, surpassing the local stock market’s $14 billion.
Ripple (XRP) traded $6.3 billion, followed by DOGE, XLM, ENS, HBAR, and SHIB. Bitcoin funding rate is 15% annualized, and the market focus is on altcoins.
