2 minutes market on December 11
📌 Price movements in the last 24 hours:
- $BTC continues to be dumped to $94k2 raising suspicions from Blackrock's BTC transfer move
- Altcoins dropped sharply on average from 15-20% after BTC's adjustment
- A few altcoins have lower bottoms than yesterday
- More than 510 million USD netflow of stablecoins was deposited on exchanges in the last 24 hours
📌 Biggest gains/losses:
- $MOVE (-28.3%)
- $ENA (-9.4%)
- $DYDX (-7.1%)
📌 Notable cash flow on Binance:
The market adjusted so there are no notable cash flows.
📌 News worth reading in the last 24 hours:
- CEO of Goldman Sachs: Will consider buying Bitcoin and Ethereum if the regulatory environment in the US changes
- Microsoft rejected a proposal to buy Bitcoin reserves
- CZ believes that China will soon buy Bitcoin reserves