🤑The weekend is pleasing with green charts. A strong US employment report hints at a possible slowdown in the rate of interest rate cuts, which is naturally a bullish factor for Bitcoin.
🪙BTC is trading around - $62,254
🔷ETH fluctuates around - $2,422
📈The biggest growth over the day was shown by POPCAT +20.69%
📉The biggest drop was shown by STX -2.5%
📊Indicator:
😨Fear and Greed Index - 49
💲Altseason index - 37
📈Long/Short ratio - 49/51
💰Cryptocurrency market capitalization is $2.119 trillion.
👑Bitcoin dominance — 58.12%
💵Yesterday, BTC-ETF net inflow was +$25.5M. ETH-ETF net inflow was +$7.39M.
🚨Coinbase plans to liquidate unregulated stablecoins in the EU. By December 30, stablecoins that do not comply with MiCA requirements will be restricted. USDT from Tether may also be subject to a complete ban.
🪙Banana's market share fell to a 4-year low - in September, its volumes fell by more than 20% compared to the previous month.
📈AI tokens are currently leading the crypto recovery amid a strong US economy.
🏠homoSEC and the US Department of Justice supported the class action lawsuit against Nvidia. 🎮
Investors accuse Nvidia of hiding information about $1 billion worth of GPU sales to miners.
💵The US national debt has increased by $345 billion over the past 3 days.
💳Visa is breaking into crypto — plans to create a platform for tokenized assets on the Ethereum blockchain – Visa Tokenized Asset Platform. And already in 2025, a stablecoin will be launched in partnership with BBVA bank.
👮Founder of crypto Ponzi scheme IcomTech sentenced to 10 years in prison.
🔮Forecast:
There is a possibility of a rebound upwards from $60k, in the short term. And a decline to $50k is a medium-term scenario. I expect a short-term growth back to the trend.
