7 月 20 日，据 HTX 行情信息，已破产加密交易平台 FTX 的平台代币 FTT 今晨短时拉升超 42%，触及 1.3 美元，现报 1.076 美元，24 小时涨幅 18.59%，当前市值 3.55 亿美元。

<div><p>7 月 20 日，据 HTX 行情信息，已破产加密交易平台 FTX 的平台代币 FTT 今晨短时拉升超 42%，触及 1.3 美元，现报 1.076 美元，24 小时涨幅 18.59%，当前市值 3.55 亿美元。</p></div>

FTT拉升触及1.3美元，24小时涨幅18.59%

On July 20, according to HT market information, the platform token FTT of the bankrupt cryptocurrency exchange FTX briefly surged by over 42% this morning, reaching $1.3, currently trading at $1.076, with a 24-hour increase of 18.59%, and a current market capitalization of $355 million.

<div><p>On July 20, according to HT market information, the platform token FTT of the bankrupt cryptocurrency exchange FTX surged by over 42% in the early morning, reaching $1.3, currently trading at $1.076, with a 24-hour increase of 18.59%, and a current market capitalization of $355 million.</p></div>

FTT rose to $1.3, a 24-hour increase of 18.59%

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...