Market dynamics on December 24: BTC slumps, its market dominance sharply declines; Altcoins and DEFI, AI sector lead the surge, U.S. stocks rebound
Market Dynamics:
- BTC Declines: Bitcoin dominance falls sharply while altcoins surge, led by DEFI and AI sectors.
- U.S. Stocks Rebound: The market is closed all day Wednesday for Christmas.
Market Focus:
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DEFI Surge: Tokens such as USUAL, AAVE, CVX, CRV, FXS, and MORPHO have seen significant gains. Focused on U.S. compliance narratives, AAVE is associated with Trump, while FXS and CRV collaborate with BlackRock.
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FTT Rises: FTX Token appreciates amid speculation that Sam Bankman-Fried may receive a presidential pardon from Biden.
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Blockchain AI Rebounds: Virtual, AIXBT, GAME, GOAT, and ARC rebound. SOL/ETH exchange rate reverses. The AIPOOL_TEE project begins its ICO on the Solana blockchain, inviting investments through provided addresses.
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.
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