Overview

Bitcoin continues to fluctuate, causing volatility in the crypto market. As of December 24, global Bitcoin ETFs hold over 1.3 million BTC, valued at approximately $120 billion, accounting for 6.2% of the total supply.

Daily Macro

Bitcoin Market Status: Bitcoin remains in a consolidation phase, while the altcoin market shows higher volatility.

Bitcoin ETF Activity: Bitcoin ETFs recorded a net inflow of $5.3million yesterday.

Ethereum ETF Activity: Ethereum ETFs saw a net outflow of $36million yesterday.

Macroeconomic Data: The U.S. will release data on initial jobless claims for the week ending December 28, with a previous value of 219,000 and a forecast of 222,000.

Daily Focus

XRP

Reason for Focus: Reason for Attention: XRP has performed well, with trading volume surging in the South Korean market, and total network trading volume surpassing $9 billion.

Related Token Performance (24H):

XRP：: +14%

Market Analysis: XRP has been performing strongly recently, with its price approaching $3 at its peak.

Next Focus

Kekius Maximus

Reason for Focus: The concept meme token Kekius Maximus saw a significant decline following Musk’s change of account name. Specifically, KEKIUS on Ethereum dropped over 50% in 30 minutes, and KM on Solana saw a similar 50% drop.

Market Analysis: Kekius Maximus-related meme tokens are highly influenced by Musk’s personal actions, so investors should closely monitor any updates regarding Musk’s activity.

CoinEx Daily: Bitcoin Enters Consolidation Zone; Global Bitcoin ETF Holds Over 1.3 Million BTC