Good morning everyone!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin dipped to $80,500. Now trades around $84,100.
→ Bitcoin realized losses have surged to levels last seen during the FTX collapse, with short-term holders driving the bulk of the capitulation.
→ Bitcoin down around 36% from its all-time high of $126,300 in early October.
→ Spot Bitcoin ETF volume hits a new all-time high.
→ Extreme fear hits highest level in the history of CMC crypto fear and greed index.
→ BlackRock deposits 4,198 Bitcoin worth $348 million into Coinbase.
→ Jim Cramer says don't take the first bite, lot of margin use so we need a further washout.
→ Over $1 billion in crypto long positions liquidated.
→ 25 bps rate cut chances in December spiked to 68%.
→ Michael Saylor says their strategy is long-term, conviction in Bitcoin is unwavering.
→ Jim Cramer says he doesn’t think everything is fine with Bitcoin.
→ Jim Cramer says lots of good elements are lining up for a rally.
→ US Treasury Secretary Scott Bessent spotted at a Bitcoin Bar in DC.
→ Trump administration considers selling Nvidia H200 chips to China.
→ Nvidia CEO Jensen Huang says the whole world would've fallen apart if they missed earnings in Q3.
→ S&P 500 down 5.8% from its October 29 peak, the 31st pullback over 5% since March 2009 low.
→ AI skepticism everywhere but Nvidia showing accelerated computing, generative AI, agentic and physical AI, with $500B pipeline through 2026.
📊 Altcoin Market Updates 📊
→ BlackRock deposits 43,237 Ethereum worth $117 million into Coinbase.
→ Bitmine Immersion facing unrealised losses of approximately $4.5 billion on their Ethereum holdings.
→ Proposal to speed up existing Solana disinflation rate by 2x goes live.
→ Coinbase to buy Solana trading platform Vector.fun.
→ Coinbase to plug Vector.fun tech directly into its platform, doubling down on Solana.
→ AerodromeFi investigating a potential DNS hijacking.
→ Sorare to lay off 35% of its workforce.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
Credit to the following X accounts for key insights & updates: @whaleinsider @bitcoinmagazine @watcherguru @degeneratenews @charliebilello @economyapp @earnings_time
$BTC $ETH $SPX500 $NVDA $SOL
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Written by Timothy Assi, an Elite Popular Investor on eToro.
Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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