Market dynamics on December 3: BTC slightly fell, the US government plans to sell 2 billion USD worth of BTC; Trump threatens to impose a 100% tax on countries using non-US dollars
I. Market Dynamics
1. BTC slightly declines, with BTC dominance adjusting at the monthly level. The U.S government plans to sell 2 billion USD worth of BTC.
2. U.S stocks rise. The dollar strengthens as Trump threatens to impose a 100% tariff on countries not using the dollar.
II. Market Focus
1. Old coins such as XRP, HBAR, XVC, ZEC, IOTA and others surge dramatically. Institutions apply for an XRP ETF; HBAR collaborates with XRP. If the market value of XRP increases by another 60%, it can surpass ETH to become second.
2. LINK from the ETH series soars significantly . LINK is DEFI's oracle; recently those that have surged are old coins from 2017.
3. The animal MEME’s MOODENG and PNUT increase in value. Hippo MOODENG launches on American CEX; previously PNUT was also retweeted by CEX. Recently, the wealth effect created by American CEX has been strong; this bull market speculation funds mainly come from America.
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.
You may also like
The Babylon Bitcoin pledge function has been launched
Overview of Important Midday Developments on April 12
Overview of Key Overnight Developments on April 12
Trending news
MoreCrypto prices
More








