Last Night’s Crypto Flash Points — 1-Minute Market Recap | Dec 19

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🚨 Last Night’s Crypto Flash Points — 1-Minute Market Recap | Dec 19

1⃣ U.S. CPI came in below expectations, pushing U.S. equities higher.
$BTC initially rallied but then pulled back, continuing to chop around $85,000. Investor sentiment remains extremely weak.

2⃣ Today (10:30 AM–12:30 PM local time), Japan will announce its rate decision.
The market broadly expects a 25 bps hike, which is largely priced in. The real focus is on the magnitude of the hike and the pace of future tightening.

3⃣ Kevin Hassett:
The latest CPI report was “surprisingly good,” giving the Fed ample room to cut rates. The U.S. economy is showing strong growth with declining inflation. Hassett is considered a leading candidate for the next Fed chair.

4⃣ Uniswap’s fee switch has entered the voting phase, starting a countdown toward the potential burn of 100 million $UNI. Volatility in $UNI has increased.

5⃣ CZ:
His current focus is on Giggle Academy, YZi Labs, and the BNB ecosystem. Clearly, CZ is keeping busy.

6⃣ OKX Wallet users can now transfer USDT/USDC on the X Layer with zero gas fees, powered by the x402 API.

7⃣ The stablecoin U has officially launched, going live on BNB Chain and Ethereum, integrating with major DeFi protocols such as PancakeSwap and ListaDAO, and listing on HTX.

8⃣ Rumor:
Prediction platform Polymarket may build its own L2 blockchain, citing major losses caused by instability in third-party infrastructure. Is this a move to “armor up” its valuation?

9⃣ Data analyst Phyrex notes that investors trapped at higher $BTC levels remain unusually calm.
Despite losses exceeding $20,000 per position, there has been no panic selling, and the overall supply structure remains stable.

🔟 Crypto Weituo’s take:
The reason crypto markets frequently exhibit “door-drawing” (choppy) price action is their extreme sensitivity to liquidity. Crypto effectively acts as a global liquidity index, where price movements are driven by the direction and size of opposing flows.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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