BTC breaks through $81,000 again, Solana’s market value exceeds $100 billion

Headline

▌BTC breaks through $81,000 again

According to the market, BTC breaks through $81,000 again, and is now at $81,004.57, with a 24-hour increase of 6.03%. The market fluctuates greatly, so please do a good job of risk control.

▌Solana's market value exceeds $100 billion, and has ranked among the top 200 global assets

According to CoinMartCap data, Solana's market value has exceeded $100 billion, currently reaching $100,223,941,829, becoming the fourth crypto asset with a market value of over $100 billion, second only to Bitcoin, Ethereum and Tether. The market shows that the price of SOL has risen to $212.5, with a 24-hour increase of 7.01%.  

In addition, according to Infinite Market Cap data, as Solana's market value exceeded the $100 billion milestone, its market value of $100.21 billion also quickly rose 14 places in the global asset ranking. It is currently among the top 200 in the world's asset rankings, surpassing French Air Liquide Group to rise to 192nd place.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $80,440.78, with a daily increase or decrease of +4.8%;

ETH's latest transaction price is $3,191.72, with a daily increase or decrease of +1.9%;

BNB's latest transaction price is $628.52, with a daily increase or decrease of +0.7%；

SOL's latest transaction price is 210.26 US dollars, with a daily increase or decrease of +5.0%；

DOGE's latest transaction price is 0.2782 yuan, with a daily increase or decrease of +27.3%；

XPR's latest transaction price is 0.5894 US dollars, with a daily increase or decrease of +5.4%。

Policy

▌JPMorgan Chase: The first two years of Trump's second term may be quite influential

Stephen Glazer, managing director of JPMorgan Private Bank, said that if Trump makes policy changes on taxes, deregulation and cryptocurrencies, the first two years of his second term may be "quite influential." Glazer said that Trump's tax cut plan is the key. "If you buy a company's stock, you are obviously buying their future earnings after tax. If the tax rate is low, the stock price will be high. I think this is what we saw last week. Obviously, the House and the Senate are now on Trump's side, so we may see things go in this direction in the next two years." He also pointed out that after the 2026 midterm elections, "it may not be so easy to do these things."

Blockchain Applications

▌Edward Snowden: Decentralization as a Safeguard against Surveillance and AI

Privacy advocate and former NSA contractor Edward Snowden spoke at Near’s Redacted conference in Bangkok, Thailand, about the importance of decentralization in countering the widespread surveillance capabilities enabled by AI.  

He warned that AI-driven surveillance would allow governments and businesses to process vast amounts of personal data in real time, potentially paving the way for large-scale real-time data analysis.

Cryptocurrency

▌Arthur Hayes: BTC market trends indicate that Trump will print money

BitMEX co-founder Arthur Hayes wrote on X: "Some of you don't believe that Trump will print money. BTC disagrees with this idea. Here's a comparison of BTC trends with my new money supply indicator, US Bank Credit. Market performance speaks louder than words."

▌In the past 24 hours, the entire network has a liquidation of US$695 million, mainly short orders

According to Coinglass data, in the past 24 hours, the entire network has a liquidation of US$695 million, of which long orders have a liquidation of US$317 million and short orders have a liquidation of US$378 million.

▌AAVE breaks through $190

According to the market, AAVE breaks through $190 and is now at $190.01, with a 24-hour drop of 2.93%. The market fluctuates greatly, so please do a good job of risk control.

▌SOL breaks through $210

According to the market, SOL breaks through $210 and is now at $210.03, with a 24-hour increase of 5.21%. The market fluctuates greatly, so please do a good job of risk control.

▌The total market value of cryptocurrency exceeds $2.9 trillion

According to data, the total market value of cryptocurrency has exceeded $2.9 trillion, currently at $2.915 trillion, with a 24-hour increase of 5.6%, and a 24-hour trading volume of $243.7841 billion. Currently, BTC has a market share of 54.9% and ETH has a market share of 13.4%.

Important Economic Dynamics

▌The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 64.9%

According to CME's "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate unchanged by December is 35.1%, and the probability of a cumulative interest rate cut of 25 basis points is 64.9%. The probability of maintaining the current interest rate unchanged by January next year is 22.4%, the probability of a cumulative interest rate cut of 25 basis points is 54.1%, and the probability of a cumulative interest rate cut of 50 basis points is 23.6%.

▌Fed Kashkari: It is too early to judge the impact of the new government on the economy and interest rates

Fed Kashkari said that the U.S. economy remains very strong as the Fed makes progress in curbing inflation, but the Fed "has not yet run its course." Trump's promise to deport illegal immigrants on a large scale has raised questions about how the U.S. economy and labor market might be affected. Kashkari said that deporting immigrants could be "devastating" to some U.S. businesses, and it is unclear how the outflow of immigrant labor would affect inflation. It is too early to tell how the potential policies of the new administration and Congress will affect the economy and the trajectory of interest rates. "There is a lot of uncertainty about what the actual policy will be, what Congress will pass and how it will be implemented. We have to wait and see what actions the rest of the government decides to take before we analyze what this means for the economy."

Golden Encyclopedia

▌KrakenWhat is Ink?

Ink is a second-layer bridge being developed by Kraken, which aims to improve the efficiency of decentralized finance (DeFi) by increasing transaction speed, reducing costs and increasing flexibility. Kraken's Ink seamlessly integrates centralized and decentralized environments, providing users with all the necessary tools and services while alleviating the common challenges associated with these environments. The solution runs as a second-layer (L2) solution on Ethereum, alleviating the pressure on the first-layer (L1) chain.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish correct investment concepts and be sure to increase risk awareness.