GM20251203

1) Market Trends

BTC surged, altcoins rose broadly. The market experienced wide fluctuations.

US stocks rose, and the dollar fell. Trump hinted that the Fed chair nominee might be dovish Hassett, providing a temporary respite for global markets.

2) Market Highlights:

1. BTC surged, with contract rates negative. Musk called for BTC, and the US ended balance sheet reduction.

2. Public blockchain ETH rose, with gas fees below L2.

3. Public blockchain SOL rose, collaborating with the prediction market Kalshi. The meme Pippin continued to soar.