Daily Macro

Bitcoin Market Performance:

Following Trump’s victory, Bitcoin continued its rally, briefly reaching $76,000. The total cryptocurrency market cap has surpassed $2.6 trillion, currently at $2.624 trillion, marking a 24-hour increase of 7.1%.

Bitcoin ETF Activity:BTC ETFs saw a net inflow of $691 million yesterday.

Ethereum ETF Activity:ETH ETFs saw a net inflow of $52 million yesterday.

Macroeconomic Data:Analysts warn that Trump’s policies could drive up inflation, particularly through trade tariffs and immigration restrictions, which may challenge the Federal Reserve’s current rate-cutting plans.

Daily Focus

AVAX

Reason for Focus:The Avalanche Foundation announced a buyback of AVAX tokens worth $52 million, marking its formal disassociation from the defunct Terra ecosystem. Approved by a bankruptcy court, this buyback involves 1.97 million AVAX tokens originally acquired through a 2022 strategic token swap agreement with Terra.

Related Token Performance:

AVAX: +6.35%（24h）

Outlook:This buyback is expected to enhance AVAX’s liquidity, sever ties with Terra, and boost market confidence, supporting the long-term growth of the Avalanche ecosystem.

Next Focus

Fed

Reason for Focus:Analysts at Edmond Rothschild Group predict that Trump’s policies, particularly tariffs and immigration restrictions, may drive U.S. inflation higher. This could impact the Federal Reserve’s planned rate cuts, potentially forcing an adjustment to its original rate-cutting trajectory.

Outlook:Should inflation rise, the Federal Reserve may reconsider its rate-cut strategy, possibly leading investors to view crypto assets as a hedge against inflation.

CoinEx Daily: Bitcoin Surges Again Post-Election, Briefly Exceeding $76,000