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Cryptocurrency markets are experiencing a downturn, with Bitcoin (BTC) falling by 8% to $93,900, Ethereum (ETH) down 12% to $3,255, and Solana (SOL) decreasing by 11% to $185. This decline has resulted in a significant loss of approximately $57 billion from the memecoin market over the past two weeks. Analysts are also monitoring the Federal Reserve's cautious stance on interest rate cuts, which is impacting investor confidence across global markets. Oil futures have dipped amid concerns of economic slowdowns in China and Europe. The market is also reacting to political dynamics and upcoming economic indicators such as the Personal Consumption Expenditures (PCE) report.
The Morning Minute (12.20) ⏰Top News: -Crypto majors see massive red, BTC -8% to $93,900 -$57B wiped out of memecoin market in past 2 weeks -MetaMask launches crypto debit card with wallet integration -Doodles tease token, NFTs soar 50-500% -Myriad Foundation announces its $MYR… https://t.co/w7UlXf7Mgt
🟥 Things I’m looking at today 🟥 Crypto bloodbath, PCE today, government shutdown looms Subscribe: https://t.co/TvwD8qP65f Crypto * BTC: 94k (-8%), ETH: 3255 (-12%), SOL: 185 (-11%) * Top Gainers: MOVE, FDUSD, USD0, DAI * BTC ETFs: -$672mn, ETH ETFs: -$61mn * BTC and… https://t.co/O2VkWwlmNB
Pantheon Morning Briefing | December 20th Political dynamics are in the spotlight. more -> $nvda $tsla $coin $amd $aapl $msft $oklo $spy $qqq $tsm #oott $uso $oxy $lly $smci $fdx $xom $avgo $hood $mstr $pltr $soun $mu $nvo $nke $pdd https://t.co/ISXPh0FQYA
