📊 Daily Market Update 📊

🔸 Daily Macroeconomics

🔹 Bitcoin Status: Bitcoin struggled to surpass $100K and is now in a consolidation phase

🔹 ETF Activity:

💠 ↦ Bitcoin ETFs: $490M net inflow

💠 ↦ Ethereum ETFs: $91.2M net inflow

🔱 Macroeconomics: Key US economic data this week includes:

💠 ↦ Core Personal Expenditure Price Index (YoY & M/M) for October

💠 ↦ Personal Spending (M/M) for October

💠 ↦ Pending Home Sales (M/M) for October

💠 ↦ Fed Minutes from November

🔸 Daily Focus

🔹 XLM

🔎 Event: XLM and other established tokens gain momentum, with XLM up 133% (24 hours) and nearly doubling in a week

💹 Market Analysis: Legacy tokens like XLM have shown resilience across market cycles. However, they remain far from their all-time highs

🔸 Next Focus

🔹 MicroStrategy

🔎 Event: Founder Michael Saylor hints at plans to buy more BTC, noting the addition of “green dots” on saylortracker

💹 Market Analysis: MicroStrategy’s continued Bitcoin buying continues to inspire bullish sentiment, often leading to notable market reactions