๐Daily Market Review๐
๐ธ Market Overview
Following Trumpโs victory, Bitcoin reached $76,000, driving the total cryptocurrency market cap to $2.624 trillion (+7.1% over 24 hours). Both BTC and ETH ETFs saw significant inflows, with $691M for BTC and $52M for ETH.
๐ธ Daily Macro
๐น Bitcoin Market Performance: BTC hit $76K amid a 7.1% increase in total crypto market cap.
๐น ETF Activity:
๐ โฆ BTC ETFs: $691M net inflow
๐ โฆ ETH ETFs: $52M net inflow
๐น Macroeconomic Data: Analysts warn that potential inflation from Trumpโs tariffs and immigration policies could challenge the Fedโs rate cuts.
๐ธ Daily Focus
๐น Avalanche (AVAX): The Avalanche Foundationโs $52M buyback, severing Terra ties, aims to boost AVAX liquidity and market confidence. AVAX is up 6.35% in the last 24 hours.
๐น Federal Reserve: Trumpโs policies may drive inflation, possibly prompting the Fed to adjust its rate cuts. If inflation rises, investors may increasingly turn to crypto as an inflation hedge.
๐ธ Market Overview
Following Trumpโs victory, Bitcoin reached $76,000, driving the total cryptocurrency market cap to $2.624 trillion (+7.1% over 24 hours). Both BTC and ETH ETFs saw significant inflows, with $691M for BTC and $52M for ETH.
๐ธ Daily Macro
๐น Bitcoin Market Performance: BTC hit $76K amid a 7.1% increase in total crypto market cap.
๐น ETF Activity:
๐ โฆ BTC ETFs: $691M net inflow
๐ โฆ ETH ETFs: $52M net inflow
๐น Macroeconomic Data: Analysts warn that potential inflation from Trumpโs tariffs and immigration policies could challenge the Fedโs rate cuts.
๐ธ Daily Focus
๐น Avalanche (AVAX): The Avalanche Foundationโs $52M buyback, severing Terra ties, aims to boost AVAX liquidity and market confidence. AVAX is up 6.35% in the last 24 hours.
๐น Federal Reserve: Trumpโs policies may drive inflation, possibly prompting the Fed to adjust its rate cuts. If inflation rises, investors may increasingly turn to crypto as an inflation hedge.
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๐ CoinEx Lists $EACC
โ Trading Pair: #EACC/$USDT
โ Deposit & Withdrawal: Nov 7 at 9 AM UTC
โ Trading: Nov 7 at 9:30 UTC
โ Service support: AMM, Spot Grid, & Auto-Invest
โ Trading Pair: #EACC/$USDT
โ Deposit & Withdrawal: Nov 7 at 9 AM UTC
โ Trading: Nov 7 at 9:30 UTC
โ Service support: AMM, Spot Grid, & Auto-Invest
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๐ข CoinEx Lists $KASBOT
โ Trading Pair: KASBOT / $USDT
โ Deposit & Withdrawal: Nov 7 at 6 AM UTC
โ Trading: Nov 7 at 9:30 UTC
โ Service support: AMM, Spot Grid, & Auto-Invest
โ Trading Pair: KASBOT / $USDT
โ Deposit & Withdrawal: Nov 7 at 6 AM UTC
โ Trading: Nov 7 at 9:30 UTC
โ Service support: AMM, Spot Grid, & Auto-Invest
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๐ CoinEx Treasure Quest: Round.2 (Vol.5) Starts Now! ๐
Weโre thrilled to kick off Round.2 (Vol.5) of our CoinEx Treasure Quest campaign! ๐
๐ฌ How to Participate:
โฆ Find the secret code in the image (Hint: The secret code is the name of one of the tokens listed on CoinEx.).
โฆ Share the secret code on our Discord server to receive your lucky number for this round!
๐ Prize Pool: $200 (For each Vol)
๐ฐ Time : 11/07 - 11/09/2024
The hunt is on! Donโt miss outโparticipate now and increase your chances of winning big! ๐
Join our Discord here: https://discord.gg/wRXnsZ4y
Stay tuned for more updates and let the games begin! ๐ฎ
Weโre thrilled to kick off Round.2 (Vol.5) of our CoinEx Treasure Quest campaign! ๐
๐ฌ How to Participate:
โฆ Find the secret code in the image (Hint: The secret code is the name of one of the tokens listed on CoinEx.).
โฆ Share the secret code on our Discord server to receive your lucky number for this round!
๐ Prize Pool: $200 (For each Vol)
๐ฐ Time : 11/07 - 11/09/2024
The hunt is on! Donโt miss outโparticipate now and increase your chances of winning big! ๐
Join our Discord here: https://discord.gg/wRXnsZ4y
Stay tuned for more updates and let the games begin! ๐ฎ
๐11โค4๐ฅฐ1
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๐ข CoinEx Lists $SWELL
โ Trading Pair: SWELL / $USDT
โ Deposit & Withdrawal: Nov 8 at 3 AM UTC
โ Trading: Nov 8 at 3:30 UTC
โ Service support: AMM, Spot Grid, & Auto-Invest
โ Trading Pair: SWELL / $USDT
โ Deposit & Withdrawal: Nov 8 at 3 AM UTC
โ Trading: Nov 8 at 3:30 UTC
โ Service support: AMM, Spot Grid, & Auto-Invest
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๐Daily Market Review๐
๐ธ Daily Macro
๐น BTC Market: BTC surged above $7K and remains stable in the $75Kโ$76K range, highlighting market resilience despite global uncertainties.
๐น ETF Activity: BTC ETFs recorded a net inflow of $236M, while ETH ETFs saw a $19.7M inflow yesterday,
๐น Macroeconomic Data: The Federal Reserve cut rates by 25 basis points to 4.5%โ4.75%. With Trump re-elected, the Fed faces added pressure to reduce rates further. Over 250 pro-crypto Congress members also signal a possible shift toward favorable crypto regulations
๐ธ Daily Focus
๐น Solana
๐ Reason: Solanaโs DeFi ecosystem is flourishing, with projects like JITO gaining 27%
๐ Performance: SOL up 2.23%
๐ Outlook: Increased developer activity and ecosystem growth could support continued interest in Solana-based projects
๐น Magic Eden (ME)
๐ Reason: The release of ME tokenomics on Nov 18 has attracted NFT investor attention
๐ Outlook: Enhanced tokenomics may drive user activity, boosting platform liquidity and user engagement
๐ธ Daily Macro
๐น BTC Market: BTC surged above $7K and remains stable in the $75Kโ$76K range, highlighting market resilience despite global uncertainties.
๐น ETF Activity: BTC ETFs recorded a net inflow of $236M, while ETH ETFs saw a $19.7M inflow yesterday,
๐น Macroeconomic Data: The Federal Reserve cut rates by 25 basis points to 4.5%โ4.75%. With Trump re-elected, the Fed faces added pressure to reduce rates further. Over 250 pro-crypto Congress members also signal a possible shift toward favorable crypto regulations
๐ธ Daily Focus
๐น Solana
๐ Reason: Solanaโs DeFi ecosystem is flourishing, with projects like JITO gaining 27%
๐ Performance: SOL up 2.23%
๐ Outlook: Increased developer activity and ecosystem growth could support continued interest in Solana-based projects
๐น Magic Eden (ME)
๐ Reason: The release of ME tokenomics on Nov 18 has attracted NFT investor attention
๐ Outlook: Enhanced tokenomics may drive user activity, boosting platform liquidity and user engagement
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