CoinEx Daily: Bitcoin Breaks $100K

Overview

Bitcoin has broken through the $100,000 mark, reigniting market enthusiasm. Coinbase and OKX announced they will list Movement (MOVE) token for spot trading.

Daily Macro

Bitcoin Market Performance:

Bitcoin surged and broke the $100,000 threshold for the first time.

Bitcoin ETF:

Bitcoin ETF saw a net inflow of $556 million yesterday.

Ethereum ETF:

Ethereum ETF saw a net inflow of $43 million yesterday.

Macro Economic Data:

Trump has confirmed Paul Atkins as his pick for the next SEC Chairman, a move that could have potential implications for the crypto market.

Daily Focus

BTC

Reason for Focus:

Yesterday, Federal Reserve Chairman Jerome Powell referred to Bitcoin as "digital gold," while Russian President Vladimir Putin expressed that Bitcoin and digital assets are unstoppable and will continue to grow. These positive developments, along with other bullish news, contributed to Bitcoin's rise above $100,000, marking a historic milestone.

Related Token Performance:

BTC: +7.6% (24 hours)

How to Participate:

As Bitcoin hits a new high, market sentiment is heating up, signaling positive developments for the crypto market. However, the market remains volatile, and investors should closely monitor price movements and exercise caution in their investment decisions.

Next Focus

MOVE

Reason for Focus:

Coinbase and OKX have announced the listing of Movement (MOVE) token for spot trading, which supports the ERC-20 standard. Movement is a modular framework designed to build and deploy Move-based infrastructure, applications, and blockchains in distributed environments.

How to Participate:

Investors should closely watch the performance of the MOVE token post-listing, and seize potential investment opportunities as the token becomes available for trading.