Market dynamics on December 09: BTC maintains high-level fluctuations, US stocks rise, and the Federal Reserve's interest rate cut in December is a foregone conclusion

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Bitget2024/12/09 02:38

I. Market Dynamics

1. BTC fluctuates at high levels, while altcoins rise and fall inconsistently.

2. U.S stocks are rising, and the Federal Reserve's interest rate cut in December is a foregone conclusion.

II. Market Focus

1. DEFI's SUSHI, IDEX, MLN, 1INCH etc., have surged significantly. SUSHI has launched products on the SOL chain and the 1INCH team has shipped out.

2. The platform coin BGB has surged greatly with a market value reaching $5.5 billion USD.

3. KOL called for orders of DESCI’s URO and RIF which have soared significantly.

4. ETH chain L2's MOVE airdrop will be listed on exchanges soon; MOVE is an L2 written in MOVE language by an American team with an off-market value of $50 billion USD which seems expensive but generous average airdrops worth several thousand dollars each are expected.

5. Public Chain APT will unlock tokens worth $160 million USD this week.

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.

Market dynamics on December 09: BTC maintains high-level fluctuations, US stocks rise, and the Federal Reserve's interest rate cut in December is a foregone conclusion

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