Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#美SEC推动加密创新监管 After the plummet at the beginning of December, the market has finally caught its breath.



The total market capitalization of cryptocurrencies has climbed back to $2.97 trillion, an increase of 1.6%. Bitcoin rebounded from yesterday's low of 83.8K to 87.5K, with an increase of around 2%. Over the past day, more than $1 billion was liquidated across the network. The news that the Federal Reserve has stopped tapering has led many to believe that this could be a turning point.

$ETH has slightly returned to around $2840; ADA, BNB, $SOL are relatively resilient. Among the top 100 coins, 63% are rising, but the overall rebound strength is still moderate.

The movements in the capital market are noteworthy: Vanguard has opened several cryptocurrency ETF subscription channels, and Bitnomial has launched a spot exchange regulated by the CFTC. However, the net inflow data for ETFs yesterday was quite weak, with a significant outflow even seen in the Ethereum ETF.

Market sentiment remains tense - the Fear and Greed Index is at 23, which is in the extreme fear range. Next, everyone's focus will still be on the Federal Reserve's policy direction and macroeconomic data.
BTC-0.75%
ETH3.73%
ADA1.17%
BNB0.87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
LightningAllInHerovip
· 16h ago
$1 billion in liquidations? So this is the legendary fast track to financial freedom. --- ETH is still struggling, I’m already falling asleep. --- Extreme fear is exactly how I feel right now, seriously, my hands are shaking. --- The market rebounds with just one sentence from the Fed, this sense of manipulation is unreal. --- Vanguard launching an ETF? Where are the institutions that were supposed to come in? Why are the inflow numbers so disappointing? --- BNB is quietly holding strong again, this coin really has something. --- What are you waiting for? Let it keep dropping, I haven’t bought the dip enough yet. --- 63% are up but my coins aren’t among that 63%, this is so frustrating. --- SEC pushing innovation? Why does it all feel like empty talk to me? --- Ethereum ETF outflows, this signal is honestly making me panic.
View OriginalReply0
FantasyGuardianvip
· 12-03 00:28
It was just another false alarm, with such a mild Rebound, who dares to be optimistic? ETH is flowing out so aggressively, are institutions really withdrawing? With a fear index of 23, does it have to continue to fall to be considered the bottom? BTC is so happy with a 2% Rebound, it's just speechless to think about it. Let's talk after the Fed actually cuts rates; right now, it's all just theoretical.
View OriginalReply0
MEV_Whisperervip
· 12-02 15:09
The Fed stopping the balance sheet reduction is meant to rescue the market? Don't be misled, the outflow of ETH is the real story.
View OriginalReply0
PrivacyMaximalistvip
· 12-02 15:05
Get Liquidated 1 billion and still a Rebound, really has the suckers' lives in a tight grip.
View OriginalReply0
WalletDetectivevip
· 12-02 14:50
Wait, is a 87.5K rebound just catching a breath? I see this as a Dead Cat Bounce, and with the fear index at 23, what else is there to play with... Don't be fooled by the mainstream narrative, the large outflow of ETH is the real signal, institutions are Rug Pulling. A billion Get Liquidated and still calling it a mild rebound, is this setting a trap for retail investors? Regulatory friendliness, my foot; one word from the Fed and the market swings wildly, there's no foundation at all. Is Vanguard opening up ETF subscriptions the beginning of the dumb buyers? I don't believe it.
View OriginalReply0
ReverseTrendSistervip
· 12-02 14:41
Extreme fear is actually an opportunity. Those who are buying the dip now must be laughing until the end.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)