šŸ“Š Crypto Market Update ā€“ Dec 25, 2024 šŸš€

šŸŒ Global Market Cap: $3.43T (+3.51%)

šŸ’° Bitcoin (BTC):

ā€¢ Range: $93,840 - $99,488

ā€¢ Current: $98,191 (+4.29%)

šŸ“ˆ Top Performers:

ā€¢ COW: +38%

ā€¢ AGLD: +32%

ā€¢ PHA: +27%

šŸ” Key Market Insights:

1ļøāƒ£ Bitcoin Pullbacks Show Reduced Volatility:

ā€¢ Largest pullback this cycle: 32% (Aug 5, 2024).

ā€¢ Most corrections stay within a 25% drop.

ā€¢ Institutional demand (e.g., spot ETFs) stabilizing price movements.

2ļøāƒ£ Russia Adopts Bitcoin for International Trade:

ā€¢ Russiaā€™s Finance Minister confirms BTC is being used in global trade deals.

3ļøāƒ£ ARK Innovation ETF Takes Profits on Tesla:

ā€¢ Cathie Wood sold 13,040 Tesla shares.

ā€¢ Maintains long-term optimism for Teslaā€™s growth.

4ļøāƒ£ Solana DEX Volume Surpasses $100B (2 Consecutive Months):

ā€¢ Highlights Solanaā€™s growing dominance in decentralized trading.

5ļøāƒ£ Floki Announces Institutional ETP in Europe:

ā€¢ Collaboration with an anonymous asset manager.

ā€¢ Expected launch: Early Q1 2025.

ā€¢ Will join DOGE as one of the few meme tokens with institutional backing.

šŸ“Š Market Sentiment Remains Bullish Amid Institutional Confidence! šŸš€

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