CoinEx Daily: Bitcoin Consolidates, Altcoins Show Signs of Recovery

Overview

Bitcoin remains in a consolidation phase near $95,000, while altcoins are showing signs of recovery. Both the DeFi and DeSci sectors are exhibiting strong performance.

Daily Macro

Bitcoin Market Performance: Bitcoin is consolidating around the $95,000 level.

Bitcoin ETF: Bitcoin ETFs saw a net outflow of $258M yesterday.

Ethereum ETF: Ethereum ETFs experienced a net inflow of $41M yesterday.

Macro Economic Data: MicroStrategy has acquired an additional 5,262 bitcoins at an average price of approximately $106,662 per bitcoin, totaling around $561M.

Daily Focus

HYPE

Reason for Focus: Yesterday, HYPE experienced a price decline due to rumors of a Hyperliquid hack by North Korean hackers. However, Hyperliquid Labs clarified that there was no attack, and all user funds remain secure.

Related Token Performance: HYPE: +14% (24h)

How to Participate: Hyperliquid Labs places a strong emphasis on operational security, with no vulnerabilities disclosed by any party. Investors can continue to monitor the ecosystem's growth and explore investment opportunities.

Next Focus

BIO

Reason for Focus: Binance announced the launch of BIO Protocol on Binance Launchpool. BIO is a bio-DAO network focused on scientific research and product development in fields such as longevity, women's health, neurodegenerative diseases, and synthetic biology. The announcement has driven a rally in tokens related to the DeSci sector.

How to Participate: BIO tokens will have their TGE on the Ethereum mainnet on January 3. With BIO's listing on Binance, the DeSci sector may experience a new wave of enthusiasm. Investors should keep an eye on investment opportunities within this niche.