12.4 Important Information in the Cryptocurrency Sphere
1. Today's Bitcoin price is $96,276. After a pullback, ETH is currently hovering around $3,666.
2. The Trump administration may allow more cryptocurrency companies to conduct IPOs, potentially changing the regulatory environment in the future, thereby providing more financing channels and development opportunities for crypto companies.
3. In November, the on-chain transaction volume of Ethereum reached $183.74 billion, setting the highest monthly transaction volume of the year so far. This is also the highest on-chain transaction volume for Ethereum in nearly three years since December 2021's $241 billion.
4. With BNB breaking through $740, its market cap also reached $106.85 billion, setting a historical high, with a 24-hour increase of 14.9%. Currently, BNB has risen 33 places to rank 186th in the global asset market cap ranking, surpassing BYD and ABB.
5. In the past 24 hours, Coinbase experienced two significant outflows of funds, each exceeding 8,000 BTC. A total of 19,487 BTC were withdrawn, with an average cost of $96,043, and the total value of these two transactions is approximately $1.87 billion.
6. Some analysts noted that the large-scale trading in the current market highlights institutional investors' strong interest in Bitcoin, and Bitcoin is expected to break $100,000 in the near future!
7. The total market cap of cryptocurrencies is $3.58 trillion, with a 24-hour increase of 1.69%. Bitcoin's market cap accounts for 53.3%, while Ethereum's market cap accounts for 12.62%.