#BTC重返10万
After the release of the U.S. November Consumer Price Index (CPI), U.S. stocks and the cryptocurrency market surged.
The U.S. November CPI rose 2.7% year-on-year, up from 2.6% in October, matching market expectations. The November CPI rose 0.3% month-on-month, slightly higher than last month's 0.2%. The core CPI increased by 3.3%, unchanged from October.
Data from the FedWatch Tool shows that the probability of the Federal Reserve cutting interest rates by 25 basis points next week has risen to over 96%.
As of Wednesday's close, the Dow dropped 0.2%, the S&P 500 rose by 0.8%, and the Nasdaq increased by 1.77%, breaking the 20,000 point mark for the first time. Tesla (TSLA.O) and Google (GOOG.O) both rose over 5.5%, hitting new highs.
In the cryptocurrency market, Bitcoin has rebounded above $101,000, rising over 6% in the past 24 hours, while XRP, Solana (SOL), and Cardano (ADA) saw increases of 23%, 11%, and 16%, respectively.
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), dogwifhat (WIF), BONK, and FLOKI all achieved double-digit gains. AI concept tokens rose by over 7%, with leading AI coins like NEAR, ICP, and Render increasing by more than 10%.
Institutions are buying on dips.
Data from Sosovalue shows that institutional investors are seizing the opportunity to buy on dips, with $439.5 million flowing into U.S. spot Bitcoin ETFs on December 10. The U.S. spot Ethereum ETF recorded the third-largest daily inflow in history, reaching $305.7 million.
