December 19th, Market Highlights:
1. BTC follows the sharp decline of US stocks, altcoins plummet. Historically, gold often emerges before and after Christmas in Europe and America.
US stocks fell sharply. The Federal Reserve takes a hawkish stance 🦅, lowering interest rates by 25 basis points as expected in December, but guiding for only 2 rate cuts next year, far below the market expectation of 4.
2. Stablecoin usual opened higher. Usual collaborates with ENA, and the partnership is favorable for smaller entities. Usual launches a new mine with an annualized return of 70%, allowing stablecoins to simultaneously mine both yield from harmony and government bonds. The main innovation in this round of DeFi lies in stablecoins and on-chain exchanges.
3. Meme's pengu rises strongly. A community culture developed over 4 years, with more diamond hands.
4. On-chain AI's arc surges. Arc plans to create a trading platform similar to virtual coin pairs. BN wallet alpha stimulated the on-chain small coin market.
Follow Ye Fan for more market analysis and trading advice, seize investment opportunities, and navigate market dynamics!