📌 December 10 Global Crypto Key Dynamics

1️⃣ Putin Signals: Bitcoin Cannot Be Banned

Russian President Vladimir Putin stated that Bitcoin belongs to the category of global technologies and cannot be completely banned.

2️⃣ White House News: The Federal Reserve Still Has Room for Further Rate Cuts

White House economic advisor Hassett said that the Federal Reserve's monetary easing capacity is still sufficient, and market expectations for future rate cuts are increasing.

3️⃣ Gold Continues to Set New Records, Surpassing $4200/Ounce

Daily increase of 0.23%, setting a historical high, with global risk aversion sentiment further amplified.

4️⃣ BlackRock Takes Action Again, Transferring 272.293 BTC

Total value of approximately $24.58 million, flowing to Coinbase Prime, showing that institutions are still actively allocating.

5️⃣ BMW Completes First On-Chain Programmable Forex Payment

The transaction was assisted by JPMorgan, marking that large multinational companies are accelerating the adoption of on-chain financial infrastructure.

6️⃣ UAE National Security Department States: Bitcoin Will Be One of the Core Pillars of Future Finance

The strategic attitude towards crypto assets in the Middle East continues to turn positive.

7️⃣ Institutional Bitcoin Holdings Rise to 1,080,000 BTC

Glassnode data shows that the accumulation rate of BTC by listed companies and private institutions continues to increase.

8️⃣ Standard Chartered Lowers Bitcoin Year-End Expectation to $100,000

Adjusted from the previous target price, reflecting traditional financial institutions' reassessment of market volatility.

📈 Overall Judgment (Summary)

Institutional Accumulation + Increased National Support + Federal Reserve Maintains Easing Tone, Still Favorable for the Crypto Market in the Medium to Long Term.

In the Short Term,

Gold Setting New Highs = Global Risk Aversion Rising

Federal Reserve's Stance is Dovish, but No Exclusion of a Slowdown

→ The market may enter a "Fluctuating Upward" phase, primarily driven by news.