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CoinEx Daily:Bitcoin Hits New All-Time High, Hyperliquid Ecosystem Booms

  • ENA0%
  • BTC0%
  • ETH0%
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Published on 2024-12-16


Overview

Bitcoin surged past $106,000 this morning, setting a new all-time high. Meanwhile, altcoins struggled to keep up, showing signs of weakness.


Daily Macro


Bitcoin Market Performance: Bitcoin surged strongly, breaking its historical high of $106,000.

Bitcoin ETF: Bitcoin ETFs recorded net inflows of $431 million last Friday.

Ethereum ETF: Ethereum ETFs recorded net inflows of $23 million last Friday.

Macro Economic Data: This week marks a significant macroeconomic event, with the Federal Reserve and other central banks set to announce interest rate decisions. Futures markets currently show a 99% expectation of a 25bp rate cut by the Federal Reserve.


Daily Focus:


ENA

Reason for Focus:

Trump-linked crypto project WLFI purchased 509,955 ENA tokens at an average price of $0.981, spending 500,013 USDC. This triggered a strong price surge in the ENA token.

Related Token Performance: ENA: +15.5% (24h)

How to Participate:

Trump-related crypto purchases have shown a clear positive impact on targeted tokens. Investors should monitor updates on Trump-affiliated crypto projects for potential opportunities.


Next Focus:


Hyperliquid

Reason for Focus:

Hyperliquid’s Total Value Locked (TVL) has reached $3.883 billion, a 24-hour increase of 49.8%. The ecosystem is thriving, with a surge of new projects and meme tokens emerging.

Related Token Performance: HYPE: -0.6% (24h)

How to Participate:

Since Hyperliquid launched its token, the ecosystem has demonstrated strong wealth creation effects. Investors should focus on the development of projects within the Hyperliquid ecosystem to seize potential opportunities.