As global markets brace for uncertainty, today's economic and political headlines underscore potential volatility for crypto investors. The Trump-Vance National Security Strategy has sparked concerns, declaring intent to interfere in European politics while adopting a hardline stance against China, including expanded support for Taiwan via the NDAA 2026. This geopolitical tension, coupled with ongoing US tariffs, could exacerbate trade disruptions and inflation pressures, indirectly pressuring risk assets like cryptocurrencies. Meanwhile, the IMF's Article IV consultation with China highlights economic assessments amid slowing global growth projected at 2.6% for 2025, down from 2.9% this year. Investors are eyeing the Federal Reserve's upcoming rate decision, with a potential "hawkish" cut amid rising unemployment and tariff impacts, which may stabilize the dollar but dampen crypto enthusiasm.
In this climate, blockchain innovations offer resilience. Zilliqa (ZIL) continues advancing with its sharding technology for enhanced scalability, recently completing migration to Zilliqa 2.0 for faster transaction finality and improved developer experience, alongside EVM compatibility fostering interoperability. IOTA (IOTA) leverages its Tangle architecture for feeless, scalable IoT transactions, with recent US expansion and institutional access via BitGo, enabling stablecoin integrations for cross-border trade in regions like Africa. Neo (NEO) powers a smart economy ecosystem through its dual-token model, supporting advanced smart contracts and decentralized storage via NeoFS, with ongoing upgrades in governance and oracle services to boost dApp adoption.
These developments position ZIL, IOTA, and NEO as strategic holds amid macroeconomic headwinds, emphasizing tech-driven utility over short-term speculation. Stay vigilant as policy shifts unfold.
The crypto market has seen sharp volatility, with Bitcoin dipping to around $89,000, down about 0.5% amid broader sell-offs. The total market cap edged up slightly from $3.04T to $3.05T, but altcoins like Ethereum fell 0.03%, and others bled harder—Solana down 3.53%, Dogecoin 4.96%. This turbulence triggered massive liquidations, wiping out over $400 million in positions, mostly longs at $350 million, as leveraged bets crumbled under resistance levels.
On the political front, Trump's National Security Strategy release sparked fears, shaking Bitcoin below $90K by amplifying macro uncertainties. Meanwhile, the UK's new law recognizing crypto as a third property category boosts legal clarity, potentially aiding recovery and custody. Upcoming US Senate markup on the CLARITY Act could provide regulatory frameworks, bullish for institutional inflows. However, China's crackdown on illegal crypto and EU's €700M fraud bust highlight global risks, adding downward pressure.
Overall, these developments signal short-term caution but long-term optimism if pro-crypto policies prevail. Stay vigilant—volatility is crypto's game.
As geopolitical tensions simmer globally, investors are eyeing cryptocurrency as a hedge against uncertainty. Recent developments from Davos 2025 highlight U.S. President-elect Trump's pro-crypto stance, potentially ushering in regulatory reforms that could boost institutional adoption and stabilize markets. In Europe, diverging policies with the EU emphasize digital sovereignty, while Japan's consideration of allowing banks to hold crypto assets signals broader Asian integration, excluding volatile regions. Amid economic slowdowns, Russia's use of digital assets to evade sanctions underscores crypto's role in de-dollarization efforts, driving capital flight during localized risks. These shifts could amplify volatility but also open opportunities for diversified portfolios.
On the tech front, innovative projects are advancing blockchain interoperability and scalability. Astar (ASTR), a Polkadot parachain, is enhancing Web3 connectivity through its zkEVM layer and integration with Soneium and the OP Superchain ecosystem, fostering seamless multi-chain dApp development. Moonbeam (GLMR) is evolving into a full-stack Web3 platform, optimizing storage, liquidity, and governance via recent runtime upgrades and a capped inflation model to ensure sustainable growth. Kava (KAVA), blending Cosmos speed with Ethereum's developer tools, is prioritizing AI integration into DeFi, enabling smarter lending and stablecoin protocols on its dual-chain architecture.
For crypto investors, these political and economic pulses suggest monitoring regulatory clarity while exploring tech-driven altcoins for long-term potential. Stay vigilant as global events unfold.
The market took a sharp downturn, with Bitcoin sliding from around $92,000 to $89,000, marking a roughly 3% drop. Overall, the total crypto market cap shrank by 2.6%, from $3.12 trillion to $3.04 trillion. Altcoins like XRP weren't spared, shedding nearly 7% in early December. This volatility triggered massive liquidations, wiping out about $450 million in positions—mostly longs at over $400 million—across exchanges like Binance and OKX. Over 120,000 traders felt the pain, highlighting the risks of leveraged bets in this choppy environment.
On the political front, China's renewed strict crypto ban and S&P Global's downgrade of Tether's stability score fueled fear and uncertainty. These developments, combined with anticipation around U.S. economic data like inflation reports, amplified selling pressure and ETF outflows, eroding investor confidence. While not catastrophic, they underscore how global policies can swiftly derail rallies.
In summary, this dip is a reminder: crypto thrives on volatility, but external shocks like these can sting. Stay vigilant—better days may lie ahead.
As global tensions simmer, U.S. tech sovereignty pressures on Taiwan's semiconductor industry highlight escalating trade frictions, with potential tariffs looming that could disrupt supply chains and inflate costs for tech-dependent sectors. China's robust economic structures aim for a 2025 growth target amid policy shifts, including the ambitious Hainan free trade port, signaling liberalization efforts that may boost cross-border investments. Meanwhile, Japan's political transitions and IMF consultations on China's economy underscore a fragmented international order, potentially fueling volatility in global markets.
These developments ripple into crypto investments, where risk aversion has deepened market slides, with Bitcoin plunging amid institutional caution and U.S. economic indicators like Powell's speeches signaling tighter policies. Trump's national security strategy emphasizes fiscal expansion and military spending, offering a reality check to crypto's low-rate expectations while boosting demand for resilient assets.
Amid this, innovative projects shine. Internet Computer (ICP) advances its roadmap with secure, network-resident code, enhancing web apps through AI integrations and partnerships like those with Microsoft, positioning it as a tamper-proof blockchain for enterprise adoption. Toncoin (TON), built on Telegram's tech, evolves with decentralized AI platforms like Cocoon, fostering high-volume ecosystems for seamless onboarding of millions into on-chain activities. Kaspa (KAS) pushes boundaries via milestones like the Crescendo Hard Fork, ramping block rates to 10 per second and introducing no-delay models for faster, resilient transaction ordering in high-stress networks. Investors should monitor these tech evolutions for long-term stability in turbulent times.
Bitcoin dipped about 1% to below $93,000, while Ethereum fell under $3,200, dragging the overall market cap down slightly. Volatility spiked, with major coins like XRP sliding over 4%. This led to hefty liquidations totaling around $250-280 million, mostly hitting long positions as leveraged bets got wiped out amid thin liquidity and cascading sells.
On the political front, the Trump administration's shift toward robotics after its AI push could indirectly boost blockchain projects in automation and machine identity. Meanwhile, ongoing Fed rate cut bets for December—fueled by officials like Christopher Waller signaling economic weakness—have kept markets on edge. Trump's pro-crypto moves, like ending regulatory crackdowns and approving industry products, offer long-term tailwinds, but short-term macro fears from tariffs and interest rate uncertainty are fueling the downturn, amplifying volatility and investor caution.
Overall, while political support builds a bullish foundation, immediate economic jitters are dominating, potentially setting up for more swings ahead. Stay vigilant, folks.
In today's global economic landscape, geopolitical shifts are rippling through financial markets, with direct implications for crypto investments. Russia's ongoing liberalization of its crypto market stands out, driven by geopolitical necessities and regulatory innovations that could boost retail adoption and cross-border transactions. This move positions crypto as a tool for evading sanctions and fostering economic resilience, potentially drawing more institutional interest amid volatile traditional assets. Meanwhile, Europe's push for a €1 trillion commitment to influence U.S. negotiations on Ukraine highlights escalating tensions that could fuel market uncertainty, prompting investors to seek hedges in digital assets. Nation-states are increasingly leveraging cryptocurrency for innovation and influence, as blockchain intelligence tracks cross-border risks. Additionally, easy money policies are exacerbating crypto volatility, with Bitcoin rebounding yet sentiment remaining fragile due to broader economic fragility and inflation concerns. Investors are turning to crypto for wealth preservation, underscoring its role in navigating financial instability.
Amid these dynamics, meme coins continue to thrive with evolving technologies. MEME is advancing through Solana-based launchpads like Pump.fun and Moonshot, enabling faster token creation, enhanced visibility, and deeper liquidity pools for more sophisticated community-driven ecosystems. BABYDOGE stands out with its hyper-deflationary mechanics and expanding DeFi and NFT integrations, blending viral meme appeal with practical utility for long-term engagement. SATS (1000SATS), tied to Bitcoin's Ordinals protocol, is progressing in inscription technologies, allowing for unique digital artifacts and enhanced on-chain data storage, bridging meme culture with Bitcoin's robust infrastructure.
These developments signal opportunities for diversified crypto portfolios, but caution is advised amid regulatory scrutiny and market swings. Stay vigilant as global events unfold.
Folks, the crypto market's been a rollercoaster over the past day, with wild swings wiping out serious cash. Bitcoin dipped below $93K before clawing back, while Ethereum hovered around $3,100 amid broader volatility. The big hit? Liquidations. Data from CoinGlass shows over $310 million in positions got rekt in the last 24 hours—$107 million in longs and $203 million in shorts—impacting nearly 95,000 traders. That's a brutal cascade, fueled by thin liquidity and leveraged bets gone south, erasing gains from last week's rebound.
Now, on the political front, the headlines are heating up. Trump's team is pushing for aggressive Fed rate cuts, with odds at 90% for a 25-basis-point slash this December, per Polymarket bets. But it's a mixed bag: Vanguard finally greenlit Bitcoin ETFs for its 50 million clients, a huge win for mainstream adoption, while Bank of America's advisors can now pitch crypto allocations up to 4%. On the flip side, Russia's advisor is eyeing crypto in national trade books to dodge sanctions, adding geopolitical spice. These moves could juice liquidity and inflows, but uncertainty around Trump's tariff threats lingers, stoking fear—our Fear & Greed Index sits at a shaky 28.
Bottom line: This volatility screams opportunity for the bold, but trim that leverage, y'all. Markets hate surprises, and politics is full of 'em. Stay sharp—bull run's not dead, just testing our nerves.
As global markets navigate escalating geopolitical tensions, President Trump's tariff plans continue to loom large, with Treasury nominee Scott Bessent confirming China's adherence to prior trade deals amid OECD upgrades to U.S. growth forecasts. Meanwhile, U.S. escalations with Venezuela prompt China to reject airspace closures, heightening Sino-American frictions that could ripple into supply chains and energy prices. In Europe, calls for a €1 trillion commitment to Ukraine underscore ongoing instability, potentially inflating defense spending and pressuring global liquidity. Washington's risky bet on Ahmed Al-Sharaa in Syria adds to Middle East volatility, fostering uncertainty that often drives investors toward alternative assets like crypto.
These developments amplify crypto's role as a hedge against traditional market turbulence, though recent plunges—Bitcoin down over 30% and Ether 40%—highlight short-term risks despite Trump's pro-crypto rhetoric. Institutional adoption surges, with Vanguard now listing Bitcoin ETFs and Charles Schwab eyeing crypto trading, signaling mainstream integration that could stabilize long-term investments. Bank of America's endorsement of a 4% portfolio allocation to crypto further bolsters confidence amid regulatory discussions from leaders at Ripple, Solana, and Binance.
In this environment, NFT and gaming-focused projects offer intriguing diversification. Enjin Coin (ENJ) advances its blockchain ecosystem for seamless NFT integration in games, empowering developers with tools for tokenized assets and metaverse economies. Flow (FLOW) leverages its scalable architecture to support high-performance dApps in entertainment and sports, fostering user-owned digital experiences. WAX (WAXP) innovates with its eco-friendly protocol for virtual item trading, enabling low-cost, carbon-neutral marketplaces that bridge gaming and e-commerce.
Investors should monitor these macro shifts, as they could catalyze renewed crypto momentum in 2026.
The market staged a strong rebound after early December's sell-off. Bitcoin surged over 7%, hitting a two-week high above $93,000 before settling around $92,000. The total crypto cap jumped about 5-7%, from roughly $2.94 trillion to $3.10 trillion, driven by gains in Ethereum, Solana, and others. However, this volatility wiped out leveraged positions big time—over $400 million in liquidations, mostly shorts, as per Coinglass data. That's a hefty hit for bearish traders, signaling how quickly sentiment can flip.
On the political front, things are mixed. UK ministers are pushing to ban crypto donations to parties, citing anonymity risks, which could hurt pro-crypto groups like Reform UK. China's renewed crackdown pressured Hong Kong-listed firms, adding to global regulatory jitters. Trump-linked American Bitcoin tanked 40% post-lockup, amid broader volatility warnings. Yet, Bank of America now recommends 1-4% crypto allocations for clients, showing growing institutional buy-in.
Overall, these political moves amp up uncertainty, fueling short-term dips but potentially paving the way for clearer rules that boost long-term adoption. Stay vigilant—crypto's not for the faint-hearted.
Global markets are navigating heightened geopolitical tensions and economic shifts today. Diplomatic friction between China and Japan escalated, with over 1,900 flights canceled amid a Taiwan-related spat, stoking fears of broader trade disruptions. In South Korea, the ruling PPP party defends President Yoon Suk-yeol following his controversial martial law declaration, adding political uncertainty in Asia. Meanwhile, The Economist forecasts sharp interest rate cuts in 2025, potentially boosting risk assets amid post-pandemic recovery. Europe faces pressure to increase Ukraine aid to influence U.S. policy under Trump, highlighting transatlantic fiscal strains.
These developments ripple into crypto investments, where volatility persists but resilience shines. Bitcoin rebounded above $90K, lifting sentiment after a December dip, as investors eye Fed policies for a potential 2026 rally. Geopolitical risks may drive capital toward decentralized finance (DeFi) as a hedge, amplifying interest in yield-optimizing protocols.
Spotlight on evolving DeFi tech: Balancer (BAL) advances automated market makers with its Vault architecture, enabling custom pools like Weighted and Boosted for multi-asset liquidity management, recently recovering $8M post-exploit to enhance security. Compound (COMP) refines lending protocols, integrating yield-generating stablecoins like sdeUSD and expanding multi-chain deployments for efficient borrowing. Yearn.finance (YFI) optimizes yields via yVaults, forging partnerships for automated strategies and recovering $2.4M from a recent exploit to bolster user protections. These innovations position DeFi as a counter to traditional finance amid global flux, urging diversified crypto portfolios.
The sector saw sharp declines, with Bitcoin dipping below $85,000—a drop of about 6-8%—wiping out roughly $250 billion in total market cap. Ethereum, Solana, and others followed suit, amid cascading sell-offs fueled by over-leveraged positions. This volatility triggered massive liquidations: data shows around $780 million in positions wiped out, with longs taking the brunt at over $700 million, affecting nearly 238,000 traders. Some sources peg it closer to $1 billion, highlighting the market's fragility.
On the political front, mixed signals abound. President Trump's pro-crypto stance shines through: he's reversed Biden-era restrictions, dismantling DOJ's crypto enforcement team and easing bank guidance on digital assets. Republicans are pushing bills to prevent "debanking" of crypto firms. However, Democrats are attacking Trump over meme coin profits and investor harms. Globally, China's renewed crackdown on stablecoins and payments adds FUD, while Japan's hawkish rate hints and Trump's Fed chair tease (he knows who, but won't say) stoke uncertainty.
These political jabs have amplified the downturn, shaking retail confidence and triggering liquidations. Yet, U.S. support could fuel a rebound—stay vigilant, folks.
As we dive into December, global economic and political landscapes are buzzing with developments that could sway cryptocurrency investments. The OECD just unveiled its latest Economic Outlook, forecasting tempered worldwide growth amid lingering inflation pressures and escalating geopolitical risks, urging investors to brace for volatility in risk assets like crypto. In the US, markets are fixated on the Federal Reserve's potential rate cut this month, a move aimed at bolstering recovery but tempered by global uncertainties that might amplify crypto's appeal as a hedge against traditional finance.
Politically, Europe's steadfast unity in supporting Ukraine persists, while a Trump administration envoy's trip to Moscow hints at evolving US-Russia dynamics, potentially reshaping international alliances and trade policies. The Economist's "The World Ahead 2025" spotlights three pivotal forces—Donald Trump's return, rapid technological shifts, and profound uncertainty—that could disrupt supply chains and boost demand for decentralized technologies in finance. Meanwhile, the World Economic Forum's Global Risks Report underscores cyber threats and economic instability as top concerns, driving interest in blockchain's secure, borderless solutions.
These macro shifts underscore crypto's resilience. On the tech front, Pyth Network (PYTH) is advancing its oracle infrastructure, delivering high-fidelity, real-time market data to blockchains, which enhances DeFi protocols and reduces reliance on centralized feeds. Wormhole (W) continues to refine its cross-chain messaging protocol, enabling secure, efficient bridging of assets between ecosystems and promoting broader interoperability in the multichain era. Raydium (RAY), leveraging Solana's speed, is evolving its automated market maker technology with improved liquidity pools and serum-based order books, streamlining decentralized trading for users.
In this environment, savvy investors might view these innovations as key to navigating uncertainty, blending global news with emerging crypto tech for strategic positioning.
The sector faced sharp declines, with Bitcoin plunging over 5% to a low of around $85,000 before a slight rebound to $86,000. Ethereum dropped 6% to about $2,800, while altcoins like Solana and XRP saw losses up to 7%. Overall, the global market cap dipped by roughly 3.5%, hovering near $3 trillion amid heightened volatility.
This downturn triggered massive liquidations, wiping out over $640 million in leveraged positions, according to Coinglass data. Long trades bore the brunt, with $571 million liquidated—Bitcoin alone accounted for $190 million in longs, followed by Ethereum at $140 million. Over 218,000 traders were hit, highlighting the risks of overleveraged bets in a risk-off environment.
On the political front, key news included President-elect Trump's announcement that he's chosen a new Fed Chair but won't reveal it yet, sparking uncertainty. Combined with anticipation for the December Fed meeting and potential rate cuts amid weakening economic data, this fueled broader market jitters. Hawkish central bank tones globally amplified the sell-off, as investors ditched risk assets like crypto for safer havens. While this creates short-term pain, it could set up for a rebound if policy clarity emerges. Stay vigilant—crypto's never dull!
As geopolitical tensions simmer, the global monetary system faces fresh turbulence from U.S. dollar weaponization, with new administration policies injecting volatility into international finance. The recent G20 Summit in Johannesburg spotlighted efforts to combat rising global inequality, urging coordinated action among major economies. Meanwhile, U.S.-China trade relations show signs of stabilization, with both sides agreeing to tariff adjustments to foster mutual benefits. President Trump's foreign policy is increasingly shaped by critical minerals, influencing resource-driven alliances and supply chain strategies. Adding to the mix, the "CRINK" bloc—China, Russia, Iran, and North Korea—continues to deepen cooperation, challenging U.S.-led global governance.
These developments ripple into crypto investments, heightening demand for assets resilient to regulatory scrutiny and economic uncertainty. Privacy-focused coins stand out as hedges against surveillance and volatility. Monero (XMR) advances with its Ring Confidential Transactions (RingCT) and stealth addresses, enabling untraceable transfers through sophisticated obfuscation techniques. Zcash (ZEC) innovates via zk-SNARKs, providing zero-knowledge proofs that verify transactions without revealing details, ideal for shielded operations. Dash (DASH) evolves with masternode governance, InstantSend for rapid confirmations, and PrivateSend for mixing funds to enhance anonymity.
Investors eyeing long-term crypto exposure should monitor how these privacy technologies adapt to escalating geopolitical risks, potentially bolstering portfolio diversification in an unpredictable landscape.
The market held steady amid low weekend volatility. Bitcoin hovered around $91,000, up about 0.04%, while Ethereum stayed near $3,000. Total market cap remained stable at around $3.49 trillion, with trading volume at $162 billion. No major dumps or pumps—just a calm consolidation after November's wild swings.
Liquidations clocked in at roughly $168 million, a far cry from October's billions. This suggests reduced leverage and trader caution, minimizing damage from price wobbles.
On the political front, mixed signals emerged. China's PBOC reiterated crypto bans, slamming stablecoins as laundering tools—potentially spooking Asian liquidity, though markets shrugged it off. Meanwhile, Polymarket odds for a December Fed rate cut hit 87%, boosting sentiment and crypto stocks. Uzbekistan's upcoming stablecoin approval signals global adoption, but UK's new transaction reporting rules could tighten tax scrutiny, hitting privacy-focused users.
Overall, these developments point to maturing regulations that might stabilize long-term growth, even if short-term dips arise from enforcement. Stay vigilant—crypto's future looks resilient.
As global economic headwinds intensify, investors eye crypto markets for resilience amid geopolitical shifts. The world economy limps forward, battered by policy fragmentation and rising tensions, with Deloitte's weekly update highlighting persistent inflationary pressures and supply chain disruptions in major economies like the US and Europe. Trump's tariff plans, including potential income tax cuts funded by revenues, could spark trade wars, boosting volatility in traditional assets and driving capital toward decentralized alternatives. Meanwhile, China-Japan dynamics strain Trump's G2 strategy, with a recent Xi-Trump call underscoring farm buy expansions but underscoring broader US-China frictions that may elevate safe-haven demand for cryptocurrencies. The 2025 G20 Summit in Johannesburg signals a potential US retreat from multilateralism, fostering uncertainty that often benefits borderless assets like crypto. UN reports emphasize a turning point for greener economic growth, aligning with blockchain's role in sustainable finance.
In this climate, DeFi protocols shine as hedges. GMX advances with its Multichain launch, enabling seamless perpetual trading across blockchains like Base, enhancing liquidity and user accessibility without centralized risks. Community proposals for fee rebates and growth flywheels further bolster its ecosystem, attracting traders seeking efficient derivatives.
dYdX (DYDX) evolves through zero-fee trading on BTC and SOL perpetuals, combined with increased buyback allocations to 75% of net fees, strengthening token utility and community incentives. Plans for US market entry by year-end promise broader adoption, leveraging its permissionless exchange for compliant, high-leverage opportunities.
1inch (1INCH) innovates with the Aqua protocol, a shared liquidity model allowing multiple DeFi strategies on the same capital without locks, optimizing yields in volatile times. Recent rebrands and integrations amplify its aggregator efficiency, making it a go-to for cost-effective swaps.
These developments position crypto as a strategic pivot amid global unrest, urging diversified portfolios.
The market dipped about 0.7%, with the global cap hovering around $2.98 trillion. Bitcoin slipped 0.2% to around $90,700, rebounding from a weekly low near $80K amid mixed U.S. economic signals. Ethereum bucked the trend, edging up 0.7% to $3,030. Volatility remains tame, but lingering macro uncertainty—fading Fed rate-cut hopes and weak liquidity—fueled the pullback.
Liquidations hit hard: Over $316 million in positions were wiped out, per Coinglass data, with longs taking the brunt at $163 million. That's wrecked over 112,000 traders, signaling over-leveraged bets gone wrong.
On the political front, President Trump's executive order on AI and energy R&D, plus his review of Biden-era actions, could shake up crypto regs—potentially easing them in a pro-innovation push. But a U.S. probe into Bitmain for national security risks adds tension. A Nobel economist blamed the "Trump trade" for Bitcoin's slump, citing eroded confidence. Overall, this injects short-term volatility but hints at long-term liquidity boosts from expected 2025 Fed cuts and tariff revenues possibly slashing income taxes.
In today's global landscape, geopolitical tensions and economic shifts continue to ripple through financial markets, including cryptocurrencies. President Donald Trump highlighted "tremendous progress" in Ukraine-Russia negotiations, potentially easing energy market volatility that often impacts crypto sentiment. Meanwhile, the 2025 G20 Summit in Johannesburg signals a pivotal moment for multilateralism amid fading U.S. hegemony, with discussions likely touching on digital asset regulations that could stabilize or disrupt crypto adoption. U.S.-China relations show mixed signals: Trump reduced tariffs to 47% following a meeting with Xi Jinping, fostering cautious optimism for trade flows, yet he barred China from Nvidia's top AI chips, heightening tech rivalry that may accelerate blockchain innovations. Elsewhere, India-South Korea strategic ties strengthen amid projections of 1% GDP growth, while China-Japan relations deteriorate, underscoring broader Asia-Pacific frictions that could drive investors toward decentralized assets.
These developments underscore crypto's role as a hedge against uncertainty. Investors eyeing resilient networks might consider Hedera (HBAR), which leverages Hashgraph consensus for high-speed, secure transactions ideal for enterprise DeFi and NFT ecosystems. Fantom (FTM) stands out with its Lachesis mechanism, enabling near-instant finality and scalable dApps in DeFi and gaming. EOS (EOS) continues advancing through delegated proof-of-stake, focusing on user-friendly scalability for widespread dApp deployment. As global politics evolve, these technologies position them as forward-thinking options in a volatile investment arena.
Bitcoin rebounded modestly, climbing above $91,000 after dipping briefly, with a 0.4% gain amid low volatility. The overall market cap recovered to around $3.12 trillion, up over 3%, as buyers stepped in. Ethereum held steady but slipped 0.93%, while altcoins like Zcash fell another 7.1%. These fluctuations triggered significant liquidations—over 112,000 traders got rekt, with total losses hitting $316 million, mostly from long positions.
On the political front, a major CME Group outage halted futures trading due to a data center cooling issue, disrupting global markets including Bitcoin futures. This could amplify short-term volatility by limiting hedging. Meanwhile, Fed rate cut odds surged to 85% for December, boosting risk appetite and potentially fueling crypto's rebound as lower rates encourage investment in high-growth assets like digital currencies.
Overall, while the dip hurt leveraged players, positive macro signals suggest resilience. Stay vigilant—crypto waits for no one.