BTC (Bitcoin) Regained the Important Support Zone of 100,000 USD

On December 12, the brilliant blue color has returned to the Crypto market as the price of BTC (Bitcoin) regained the important support zone of 100,000 USD.

After a period of dull green, the brilliant blue color has returned to the Crypto market as the price of BTC (Bitcoin) has regained the important support zone of 100,000 USD.

Specifically, as of the time of writing, BTC is trading around the price zone of 101,000 USD - an increase of nearly 4% in the last 24 hours. The market capitalization of BTC has reached over 2 trillion USD, while the trading volume has also maintained above the threshold of 100 billion USD - according to data from CoinGecko.

Meanwhile, on the top gainers list of Binance, many Ethereum-based coins appeared such as SUSHI (up 30%), AAVE (up 28%), MAGIC (up 26%), ... Notably, the SUI token also continues to break ATH by increasing another 29% to the mark of 4.8 USD.

In this article, let's take a look at the most notable events on December 12, 2024 with TradeCoinVN!

Important events:

– Funds of Spot BTC ETF recorded a positive cash flow of 223.1 million USD in the trading session on December 11. In which, the IBIT fund of BlackRock leads the buying force with a net cash inflow of 121.9 million USD, and there were up to 5 other funds also reporting positive cash flow.

– Funds of Spot ETH ETF also witnessed positive cash flow of 102.8 million USD on December 11, with a trading volume of nearly 615 million USD. The main buying force came from the ETHA fund (BlackRock) with 75 million USD.

Important information about other coins:

– The price of BTC reacted positively after the November CPI reached 2.7% – in line with expectations. This has increased the probability of the FED cutting interest rates on December 18 to over 90%.

– The DeFi project backed by Mr. Trump, World Liberty Financial ($WLFI), continues to purchase an additional 5 million USD of $ETH, raising the total amount of $ETH held to over 55 million USD.

– Meme coin PNUT surged 30% after the announcement of being listed on the Coinbase exchange.

– Layer 2 Optimism launched SuperchainERC20 – the new token standard that supports cross-chain interaction between Layer-2s in Superchain without the need for wrapped tokens or liquidity pools.

– Helium Mobile reveals that a major announcement is coming on channel X (Twitter).

– Beam Foundation announced the launch of Beam Ventures – an investment fund in Gaming worth up to 150 million USD.

– The Gaming ecosystem of TreasureDAO has completed the migration process from the Arbitrum network to the ZKsync network.

– A Solana-based RWA project named Perena was announced to receive funding from Binance Labs on December 11, 2024.

#tintucbitcoin