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The total market value of cryptocurrency exceeded 1.6 trillion US dollars, and BTC accounted for 50.4%

According to Coingecko data, the current total market value of cryptocurrencies is $1.61 trillion, up 3.7% in the past 24 hours. As of now, the total market value of BTC is $811.4 billion, accounting for 50.4% of all cryptocurrencies.

Argo Blockchain: 145 BTC mined in November, 25% more than October

Cryptocurrency mining company Argo Blockchain posted on social media platform X that it mined 145 BTC in November (an increase of 5% from the previous month) and earned $5.3 million in revenue. This was the highest monthly revenue for 2023 and a 25% increase from October.

Greeks.live: December gains beat expectations, BTC and ETH continue to rise with little pullback

Greeks.live stated that the increase in December exceeded expectations, with Bitcoin breaking through $41,000 and Ethereum breaking through $2,200, continuing to rise with almost no correction. Whales once again demonstrated their early market sense, and judging from the large bullish positions added back last week, 50,000 and 2,400 are clearly within reach with the current upward trend.

BTC breaks through $41,000

Market shows that BTC has broken through $41,000, currently trading at $41,020.2, with a daily increase of 4.3%. The market is volatile, please do risk control.

Reuters: Bitcoin has emerged from the “crypto winter” slump following scandals including the collapse of FTX

Reuters today reported that due to market speculation that the Federal Reserve has completed its rate hike and will begin cutting rates in early 2023, Bitcoin has surpassed $40,000 for the first time this year, reaching its highest level since April 2022. In addition, the price of Bitcoin has more than doubled within 2024, shaking off the "crypto winter" depression caused by last year's scandals such as the collapse of the FTX exchange. Other interest-sensitive assets (such as gold) have also risen sharply in the past few weeks.

MicroStrategy's BTC holdings have floating profits exceeding US$1.8 billion

MicroStrategy's Bitcoin holdings have a floating profit of over 1.8 billion US dollars. Historical data shows that MicroStrategy currently holds 174,530 bitcoins with an average purchase price of $30,252 per bitcoin.

The total BTC holdings on the entire network reached 28.6 billion U.S. dollars, and CME ranked first with 4.745 billion U.S. dollars.

According to Coinglass data, the total BTC contract position on the network reached 28.6 billion US dollars, with a 24-hour increase of 3.12%. Among them, CME ranked first with a position of 4.745 billion US dollars. The total ETH contract position on the network is 8.342 billion US dollars, with a 24-hour increase of 2.28%.

In the past 24 hours, the entire network liquidated $108 million, and short orders liquidated $67.21 million.

According to Coinglass data, in the past 24 hours, the entire network has liquidated $108 million, of which long positions have liquidated $40.87 million and short positions have liquidated $67.21 million. Among the liquidated currencies, BTC liquidated $29.47 million, ETH liquidated $14.24 million, ORDI liquidated $8.07 million, and SOL liquidated $4.69 million.

Adam Back: Bitcoin could hit $100,000 before next halving

Adam Back, CEO of Blockstream, stated on social media that he believes Bitcoin (BTC) could reach $100,000 before the next halving, and in a bullish scenario, the price of Bitcoin could reach $750,000 to $1 million.

Bitcoin returned to above $40,000 after 578 days, with a 24-hour increase of 1.64%

According to OKX market data, Bitcoin returned above $40,000 for the first time in 578 days, with a current price of $40,121 and a 24-hour increase of 1.64%.