CoinEx Daily: Bitcoin Rebounds to 97,000; TON Blockchain Prepares to Enter the U.S. Market
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Overview
Bitcoin rebounds strongly; with a crypto-friendly Trump administration about to take office, TON Blockchain, closely linked to Telegram Messenger LLP, is preparing to enter the U.S. market.
Daily Macro
Bitcoin Market Status: Bitcoin rebounds to $97,000; the altcoin market is gradually stabilizing.
Bitcoin ETF Activity: Net outflows of $210 million yesterday.
Ethereum ETF Activity: Net inflows of $1.15 million yesterday.
Macroeconomic Data: Market is focused on tonight’s U.S. December CPI YoY (unadjusted) and December CPI MoM (seasonally adjusted), which could significantly impact rate cut expectations.
Daily Focus
XRP
Reason for Focus: The U.S. SEC appears to be advancing a series of enforcement cases currently under trial. Ripple’s Chief Legal Officer, Stuart Alderoty, stated on X that the SEC will not delay submitting its brief, a move related to its appeal of the Ripple ruling.
Related Token Performance (24H):
XRP:: +10%
Market Analysis: This suggests that the SEC’s approach to crypto enforcement could change after President-elect Trump takes office on January 20.
Next Focus
SEC
Reason for Focus: The U.S. SEC has filed a lawsuit against Elon Musk, alleging securities violations for failing to disclose his Twitter stock purchases, saving $150 million.
Market Analysis:.According to insiders at the SEC, this move is seen as a middle finger from the Democratic majority—not only directed at Elon Musk but also at Trump and his SEC Chairman appointee, Paul Atkins. It is a blatant attempt to sow discord between the enforcement agency and the White House.