December 7th Cryptocurrency Hotspot Overview
1. Market Dynamics
Bitcoin continues its upward trend and is currently consolidating around the $100,000 mark. Ethereum reached a new high yesterday, successfully breaking the $4,000 barrier, peaking at $4,087, and then retracing to around $4,000 to enter a consolidation phase.
2. South Korea Dynamics
The imposition of martial law in South Korea has attracted widespread attention, and this event may become an important opportunity to promote reform in the cryptocurrency market. Currently, South Korea's cryptocurrency trading volume accounts for 11% of the global market, and its policy direction has a profound impact on the industry.
3. Musk's Company Crypto Assets Show Strong Performance
The total value of Bitcoin held by Musk's companies has surpassed $2 billion, with Tesla holding 11,509 coins (approximately $1.17 billion) and SpaceX holding 8,285 coins (approximately $842 million). The average purchase cost of these Bitcoins is $34,980 per coin, and the current paper profit has reached $1.3 billion, an increase of 186%.
