Key Market Information Gap on December 17th - A Must-Read! | Alpha Morning Report
Editor's Picks
2. Trump to Deliver National Address on Thursday, May Preview New Year Policies
4. U.S. SEC Concludes 4-Year Investigation into Aave Protocol
5. U.S. Stocks Open Lower, Crypto Concept Stocks Rise Against the Trend, Circle Soars 7.8%
Articles & Threads
1. "From Yen Rate Hike to Mine Shutdowns, Why Is Bitcoin Still Falling?"
Starting the week after the rate hike, the trend is not looking good. Bitcoin fell to around $85,600, while Ethereum lost the $3,000 mark; crypto concept stocks were under pressure, with Strategy and Circle both seeing intraday declines of nearly 7%, Coinbase fell over 5%, and mining companies CLSK, HUT, WULF experienced declines exceeding 10%. From the Japanese central bank's rate hike expectations, the uncertainty of the Fed's subsequent rate cut path, to the systemic derisking of long-term holders, miners, and liquidity providers, the reasons for this round of decline are more macro-oriented.
In the past 24 hours, the crypto market has witnessed a variety of dynamics ranging from macroeconomic discussions to specific ecosystem developments. The mainstream discussions have focused on the token vs. equity ownership debate triggered by merger and acquisition integrations, as well as the evolution of the prediction market towards specialized trading tools. On the ecosystem development front, the Solana ecosystem continues to expand around prediction markets and cross-chain infrastructure, Ethereum is advancing its positioning between institutional entry and protocol upgrades, and the Perp DEX track is further aligning with institutional-grade financial infrastructure.
Market Data
Daily overall market funding heat (reflected by funding rates) and token unlock
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlock
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