Crypto enthusiast and blockchain believer. Passionate about exploring new digital assets, DeFi, and emerging Web3 technologies. Always learning, trading smart,
#美国讨论BTC战略储备 Who is the king of the future? Hawk is exactly like Bitcoin, decentralized, I believe it will definitely be the king of the future. To celebrate, the Chinese community is giving away red envelopes 🧧🧧🧧🧧🧧.
12.10 Cryptocurrency Market: A Collective Surge Before the Decision, Interest Rate Cut Expectations Dominate Fluctuations
Today, the cryptocurrency market welcomed a strong rebound, with BTC breaking through the $94,000 mark in the early hours, rising over 4% in 24 hours, currently oscillating around $92,000; ETH led the mainstream coins with an increase of nearly 7%, stabilizing above $3,300, and the fundamentals supporting Fusaka's upgrade have become prominent.
The global cryptocurrency market capitalization has reached $3.17 trillion, with a 24-hour trading volume of $116 billion, and BTC dominance maintained at 57%. The core driving force comes from the expectation of an interest rate cut by the Federal Reserve (with nearly a 90% probability of a 25BP cut), and over $1.36 billion has flowed into cryptocurrency ETFs in December, with institutional funds continuously entering the market.
Positive news continues to emerge from the regulatory front, with simplified compliance for bank cryptocurrency services and Binance obtaining a global license, leading to an ongoing optimization of the industry environment. However, caution is needed regarding fluctuations before the decision is finalized, with resistance for BTC at $94,000-$95,000 and ETH resistance at $3,350-$3,400.
Operational Advice: Reduce leverage and hold light positions before the Federal Reserve decision (December 11, 03:00), focusing on the guidance for the interest rate cut path in 2026 mentioned in the policy statement, and avoid blindly chasing highs. #加密市场反弹
The founder of LUNC, LUNA, and USTC, Do Kwon, reached a plea deal with U.S. prosecutors in August 2025 for charges including telecom fraud and securities fraud, with a statutory maximum sentence of 25 years. The prosecutors requested a 12-year prison sentence, while he applied for only 5 years. The final judgment will be announced by a U.S. federal court on December 11, 2025.
In addition, the South Korean prosecutors' charges against him are still advancing, and he may be extradited back to Korea to continue facing trial after serving his sentence in the U.S.
MEME coins are essentially a type of "emotion-driven tokens". They typically lack a complex technical structure and a clear business model. Their value mainly comes from community consensus, the speed of social media dissemination, and the short-term popularity of topics. In simple terms, MEME coins do not increase in value due to technology, but rather rely on "stories", "memes", and the continuous accumulation of crowd emotions. When a particular meme goes viral online, funds quickly pour in, driving prices to soar; however, when the hype fades and topics shift, prices can also plummet back to their original point. It is precisely because of this characteristic that the prices of MEME coins are extremely volatile, often experiencing rapid surges and drops in a short period. Once the community loses interest or whales start to sell off, ordinary holders often cannot react in time. Moreover, some project teams may even exploit the frenzy surrounding MEME to manipulate prices, clear out holdings, or abandon projects. The warning is: before participating in MEME coins, it is essential to understand that they are not stable investments, but rather the extreme product of emotional speculation. Do not act impulsively due to temporary hype, and do not invest funds that you cannot afford to lose. Participation can be lively, but risks must be anticipated.