Real-time core data (2025-12-19 10:30, real-time data)

BTC: Approximately 85,200 USD, down about 3.2% in 24h, fluctuating between 84,400-89,430 USD, with a net outflow of about 357 million USD in 24h

ETH: Approximately 2,810 USD, down about 3.0% in 24h, with a lowest probe of 2,773 USD, significant selling pressure at the 3,000 USD mark

Market total market value: Approximately 2.92 trillion USD, down about 1.67% in 24h

Fear index: Reported at 16, still in an extreme fear zone, a slight rebound from 11 on the 16th

Liquidation data: Approximately 420 million USD liquidated across the network in the last 24h, with more than 80% in long positions, high leverage risks continue to be released

Capital flow: After three consecutive weeks of net inflow in crypto ETPs, BTC/ETH ETFs face short-term pressure, XRP ETF continues to see net inflow, AUM approaching 1 billion USD

Major events of the day

1. US CPI exceeded expectations and cooled down, market surged and then retreated: US November CPI year-on-year 2.7%, core 2.6%, both lower than expected, briefly pushing BTC to over 89,400 USD, but then profit-taking occurred, leading to a rapid decline, expectations for Fed rate cuts increased but did not translate into sustained buying

2. US SEC clarifies rules for customer protection of crypto asset securities: Requires brokers to have absolute control over private keys, covering tokenized stocks/bonds, must develop plans for private key security and blockchain interruption response, and strengthen custody compliance

3. Bank of Japan's interest rate decision becomes a key variable: Market focuses on interest rate hike expectations, suppressing risk asset sentiment, crypto market trading remains cautious

4. HashKey listing remains hot: Listed on the Hong Kong Stock Exchange on December 17 (03887.HK), raising 1.479 billion HKD, with cornerstone investments from UBS, Fidelity, etc., promoting the process of crypto compliance in Asia

5. Global regulatory collaboration deepens: The US-UK transatlantic working group promotes cooperation, the EU MiCA continues to be implemented, Japan amends the 'Funds Settlement Law', and the regulatory framework continues to improve!!!