🆕Overview of the crypto market 24h: DOM decreases and the recovery of Altcoin
⏰Tuesday, December 03, 2024
♨️Overview:
Bitcoin has been volatile in the early week trading session, dropping to 94k3 before recovering to the 95K7 region. With DOM decreasing, this is also an opportunity for Altcoin, but the growth is not evenly distributed and is heavily skewed towards influential coins in the US such as $XRP, $AVAX, $LINK, $HBAR... Especially, Ripple has surged strongly, taking the top 3 MC in just a few days. Bitcoin ETF funds are trading again with a relatively small outflow of funds
On a macro level, this week will have important news from the Non-farm report and the unemployment rate in the US. Prior to that, it is also worth noting the speech of the FED Chair
♨️ETF Updating (02/12/24):
💰Bitcoin Spot ETF: 🔴$9.2M
🔹Ethereum Spot ETF: 🔴$44.4M
🎯Highlight of the week:
▪️Thursday: FED Chair speaks at 01:45
▪️Saturday: US announces Non-farm report and unemployment rate
Ripple surpasses SOL in market capitalization, becoming the coin with the 4th highest market cap, after Tether.
❇️Top Gainers/Losers:
🟢$KAIA 54% 🔴$AIOZ 12%
🟢$HBAR 45% 🔴$CORE 10%
🟢$LINK 31% 🔴$PEPE 9%
🆕Hot News:
- Coinbase's policy director: Trump will soon pass crypto laws and the US will have the largest crypto-supporting Congress ever👉CNBC
- CZ says he will not refuse Trump's pardon, but does not want to become the CEO of Binance again👉CZ
- Michael Saylor told Microsoft shareholders that Bitcoin is the best asset Microsoft should own. It is expected that after this meeting, Microsoft will vote on whether to purchase BTC reserves or not👉TheBlock
==========================
