The global cryptocurrency market capitalization is $2.96T, Up +0.13% from the previous session.The total cryptocurrency market trading volume in the past 24 hours is $354.7B, Up +34.81% from the previous session.Bitcoin dominance currently stands at 59.53%, Up +0.59% from the previous session.

  • On-chain meme coins ACT and PNUT have soared, with ACT rising more than 20 times in one day. ACT is one of the two AI memes donated by a16z, the other being GOAT; ACT currently has a circulation market value of $400 million, and GOAT has a circulation market value of $820 million. ACT has more mainstream exchanges listed, and its market value still has room for growth. PNUT is a squirrel meme project that often appeared on Musk’s Twitter. It rose more than 8 times in one day, and it is likely to continue to receive Musk’s support in the future. The current circulation market value of PNUT is $390 million;
  • The old meme leader DOGE continued to rise sharply, rising nearly 20% in one day, with a market value of $50 billion, ranking sixth in the entire market, 40% away from the fifth-ranked BNB. DOGE is the most well-known meme in and outside the cryptocurrency market. Benefiting from Musk's influence and the US election, DOGE is not far from its historical high of $0.7;
  • AI sector WLD, IO, AI, FET and other sectors rose collectively. The AI sector is one of the most important narratives in this round of market, coupled with the hot performance of AI meme GOAT and ACT, the overall performance of the AI sector is relatively strong;

Market trend

  • BTC broke through $89,000, setting a new record. The friendliness of the macro economy and policies has injected more heart shots into BTC;
  • ETH broke through $3,300. Yesterday, ETH ETF had a large inflow of more than $200 million, setting a record for the largest single-day inflow since the listing of ETH ETF;
  • Altcoins generally rose, the overall effect of the AI sector was good, and the on-chain meme came when the altcoin season came Better performance;

Macro News

The three major U.S. stock indexes closed higher, continuing to hit record highs. According to CME Fed Observation, the probability that the Fed will maintain the current interest rate unchanged by December is 34.9%, and the probability of a cumulative interest rate cut of 25 basis points is 65.1%.

Fear and Greed Index

80 (Extreme Greed)

How do you feel about today's market?

Currency
Price
%
Market Cap
Volume
Chart
Action
$0.2129
-1.52%$18.68M$6.60K--
$0.0063
+24.95%$1.43M$9.32K--