📊 What’s the Market Doing Current Snapshot
The total crypto market cap stands at ≈ US$ 3.04 trillion, slightly down ~ 0.27 % over the last 24 h.
Bitcoin (BTC) is trading around US$ 91,950 a 24-h increase of ~ +3.10 %.
Among altcoins, a few of the stronger performers (24h) include:
Ethereum (ETH): ~ US$ 3,157.46 (+4.22 %)
BNB: ~ US$ 908–910 (+2.2 % to +2.3 %)
XRP: ~ US$ 2.1064 (+3.86 %)
Solana (SOL): ~ US$ 138.09 (+4.86 %)
According to Binance’s latest “Proof of Reserves” data: user holdings of BTC on the platform have risen, while ETH and USDT holdings fell — indicating some user rotation into BTC. At the same time, stablecoin reserves remain strong, potentially boosting platform liquidity and risk buffer.
🔍 What’s Driving Market Sentiment Key Themes & Dynamics
Macro-economic context: Market watchers are paying close attention to the upcoming Federal Reserve (Fed) meeting many traders expect a 0.25% rate cut, which could increase dollar liquidity and benefit risk assets such as crypto.
On-chain & liquidity signals: According to recent analysis from Binance Research, growth in global money supply (M2) and elevated trading volumes suggest liquidity conditions remain supportive for digital assets. These can provide fuel for rallies, especially if institutional interest continues rising.
ETF interest / altcoin flows: Notably, spot-based ETFs for XRP e.g. authorized crypto-ETF funds have seen significant inflows in early December, suggesting rising investor appetite beyond just BTC and ETH
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