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Cryptocurrency analysis company Alphractal evaluated the latest status of altcoins in its statement. Here are the details.
Over the past week, the token experienced a 10% decline, mirroring broader market volatility.
CZ and Vitalik fuel the DeSci (Decentralized Science) trend, with related meme coins seeing a thousandfold increase in a week; the cumulative trading volume of the US Bitcoin spot ETF surpasses $500 billion; SEC Chair Gary Gensler hints at possible resignation, while Federal Reserve Chair Powell has not revealed whether he will stay. AI meme coins are performing strongly, with Binance listing ACT and PNUT, attracting market attention.
The price of Ripple’s XRP token has rocketed up over 20% in the past 24 hours, likely buoyed by hopes of a favorable regulatory environment and the resolution of its long-running legal battle with the SEC.21Shares recently filed for an XRP ETF, hoping to bring a fund to market in the likeness of its spot Bitcoin and Ethereum ETFs.
- 22:21The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 61.9 percentAccording to the CME “Fed Watch”: the probability that the Fed will keep current rates unchanged until December is 38.1%, the probability of a cumulative 25 basis points of interest rate cuts is 61.9%. The probability of keeping current rates unchanged by January next year is 25.9%, the probability of a cumulative rate cut of 25 basis points is 54.3%, and the probability of a cumulative rate cut of 50 basis points is 19.8%.
- 22:10cbBTC circulating supply reaches 15,070 pieces, market cap exceeds $1.3 billioncbBTC reaches 15,070 pieces in circulating supply, market cap exceeds $1.3 billion Dune data shows that Coinbase WrappedBTC (cbBTC), the encapsulated bitcoin, has a circulating supply of 15,070 coins, with a 16.3% share on the ethereum chain.
- 22:05150 million USDT transferred from Tether Treasury to CEXAccording to the on-chain data tracking service WhaleAlert monitoring, 150,000,000 USDT ($150,030,000) were transferred from Tether Treasury to CEX at around 02:43 Singapore time.
