Market dynamics on December 6: BTC fell back after breaking through $100,000, MicroStrategy plummeted against the trend despite positive news, and U.S. stocks fell in sync

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Bitget2024/12/06 03:14

I. Market Dynamics

1. BTC failed to stabilize after breaking through $100,000 and may seek support downwards. Funds are rotating back from 17-year-old coins to the new three types: AI, MEME, and new public chains.

2. U.S stocks fell. MicroStrategy did not rise despite favorable conditions but instead plummeted.

II. Market Focus

1. DEFI's ZRX surged dramatically. The crypto director appointed by Trump is a project consultant for ZRX.

2. AI's WLD, LPT, RENDER, ACT etc., rose in value. OpenAI is about to start a 12-day live event; WLD has connections with the founder of OpenAI.

3. Public chains SOL and SUI increased in value; SUI hit a new high again among the new public chains as it consistently outperforms BTC exchange rates.

4.MEME's PNUT and MOG also saw an increase in their values with MOG being listed on US exchanges as funds begin to rotate from old coins to new ones.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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