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On the night when Chinese concept stocks rose, small coins crashed.
In the past 24 hours, more than 567,000 people across the Cryptos network were liquidated, with a liquidation amount reaching 1.71 billion dollars, the second highest in history. Bitcoin briefly fell below 95,000 dollars, while Ethereum came close to 3,500 dollars at one point. The Small Cap Index recorded the largest intraday drop of the year.
Daily digital currency update summary (2024-12-10)
According to Bloomberg, since Donald Trump was elected president of the usa, nearly 10 billion dollars have flowed into us etfs that invest directly in bitcoin, as people bet that Trump's embrace of the cryptos industry will signal market prosperity.
After the price broke through 0.1 million dollars, bitcoin continues to rise due to the "three major factors."
The price once broke through the 0.1 million dollar mark, driving a doubling rise in some mainstream coins, and the rise of bitcoin is unstoppable; the crypto world has become frantic.
Eric Trump, the second son of Donald Trump: Modern banks are outdated, and the usa must lead the cryptocurrency trend.
① Eric, the second son of Trump, stated that a set of "reasonable" regulatory guidelines could make the usa a superpower in cryptos; ② Recently, Trump nominated crypto supporter Paul Atkins to become the SEC chairman, which pushed the bitcoin price to briefly exceed the 0.1 million dollar mark; ③ Eric mentioned that americans want to see efficiency and hope the government does not hinder businesses.
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Shares of Crypto-related Stocks Are Trading Higher. President-elect Trump Named Paul Atkins to Lead the SEC and David Sacks as the White House A.I. and Crypto Czar.
Trump officially announced: White House AI and cryptos affairs have been settled!
① The newly elected president of the usa, Donald Trump, appointed David Sachs as the director of white house ai and cryptos affairs. ② Sachs, former COO of Paypal, will be dedicated to making the usa a global leader in the ai and cryptos fields. ③ Trump has been active in the cryptos industry, planning to turn the usa into a global crypto hub and supporting the idea of establishing a strategic bitcoin reserve.
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Bitcoin Soars Past $100K and These 20 Companies Hold the Most Amount of the Cryptocurrency
bitcoin broke through the $0.1 million mark, is it about to become a "mainstream mmf"? A quick look at the analyst's perspective.
① The usa's president-elect Trump nominated conservative lawyer Atkins as SEC chairman on Wednesday, causing bitcoin to rise above the $0.1 million mark; ② Analysts generally believe that Atkins' appointment will push this global largest cryptos closer to becoming 'mainstream currency.'
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Putin: Bitcoin is better than the US dollar in reserves, and no one can ban bitcoin.
Russian President Putin has also clearly supported cryptos, questioning the necessity of dollar forex reserves and praising bitcoin as a potentially better option.