December 6 Cryptocurrency Market Trends: Price Volatility and Regulatory Changes
Yesterday, the cryptocurrency market was unusually "lively", with numerous heavyweight news attracting global investor attention:
Price experienced a "roller coaster": Bitcoin plummeted during trading, almost approaching $90,000, then rebounded strongly, now around $97,000; it had just broken through $100,000 to reach an all-time high. In the futures market, CME Bitcoin futures main contract reported $102,000, and Ethereum futures DCR main contract reached $4,068.50, showing significant gains, while Ripple also rose by 3.70%. The niche cryptocurrency Worldcoin soared by 21%, hitting a six-month high of $4.19.
- The liquidation situation is shocking: over 210,000 people were liquidated in the past 24 hours, with amounts reaching $1.09 billion.
- Market capitalization fluctuations: within 12 hours, the total cryptocurrency market capitalization surged by $113 billion as if "riding a rocket", then dropped by $203 billion like a "high dive", finally recovering to $3.50 trillion.
- New regulatory actions: Trump appointed PayPal co-founder David Sacks to oversee cryptocurrency and AI; the Czech Republic passed a bill exempting capital gains tax on Bitcoin held for over three years, effective January 1, 2025.
