🆕Overview of the crypto market 24h: DOM decreases and Altcoin recovery
⏰Thursday, November 28, 2024
♨️Overview:
The latest FOMC meeting minutes indicate that if the inflation reduction process stagnates, the FED will be more cautious in cutting interest rates. Almost all participants believe that the risks to employment and inflation remain relatively balanced. The market's liquidity supply has rebounded strongly after 2 years since the FTX collapse, showing that the market is becoming increasingly mature and robust. Notably, the inflow into ETH ETF has recorded continuous inflows of over $170M in 4 days, reflecting the impressive recovery of ETH at this time.
On the macro front, the US will announce GDP, PCE, and Core CPC on Wednesday.
♨️ETF Updating (27/11/24):
💰Bitcoin Spot ETF: 🟢$14.8M
🔹Etherium Spot ETF: 🟢$37.3M
🎯Focus of the week:
▪️Wednesday: Announcement of FOMC meeting minutes, Q3 GDP, PCE and Core PCE
▪️Thursday: Announcement of FOMC meeting minutes
▪️Friday: EU announces CPI, Chicago PMI
▪️Saturday: China manufacturing PMI.
❇️Top Gainers/Losers:
🟢$ENS 50% 🔴$INJ 13%
🟢$UNI 24% 🔴$XMR 12%
🟢$ENA 18% 🔴$OM 11%
🆕Hot News:
- 21Shares launches ETP products for PYTH, ONDO, RNDR, and NEAR👉21Shares
- OpenAI receives a $1.5B investment from Softbank👉CNBC
- Binance will delist GFT, IRIS, KEY, OAX, REN from 10/12/2024👉Binance
- CZ calls for the development of Dapps with real-world applications using blockchain instead of developing memes as currently done👉CZ
- Court dismisses charges against Tornado Cash 👉CTFAsset
