BTC breaks through the $88000 mark

[South Korea's Presidential Chief Secretary for Policy States Exchange Rate Will Be Stabilized] South Korea's Presidential Chief Secretary for Policy stated that actions will be taken to stabilize the exchange rate.

The current price is around the strong support of 2958.5, and the distribution of chips shows that the trading volume in this area accounts for 6.34%, with buying slightly dominant. However, the K-line shows a combination of hammer lines and cross stars, indicating market hesitation. The member indicator suggests that the price is being suppressed by the EMA24/52 moving average, and EMA24 is below EMA52, indicating a weak trend in the medium to long term. Based on the convergence signal of KDJ index, the current rebound momentum is limited. If it falls below the support of 2958.5, it may accelerate its downward trend to 2946. Pay attention to 2971 for resistance above, breakthrough requires confirmation with increased volume. Activate membership now to obtain precise support resistance levels and real-time trend signals! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

Circle has issued a total of $1.5 billion USDC in the past week, of which $500 million was issued today. （Cointelegraph）

[The Three Major U.S. Stock Indexes Closed Slightly Higher, S&P 500 Hits New Closing High] On December 24, U.S. stocks closed with the Dow up 0.16%, the Nasdaq up 0.57%, and the S&P 500 index up 0.45%, hitting a new closing high. NVIDIA rose 3%, Broadcom rose 2%, Circle fell nearly 5%. The Nasdaq Golden Dragon China Index fell 0.58%, Dingdong Maicai rose over 5%, and GDS Holdings fell 3%.

Since reaching a one-year peak on March 3rd this year, the number of wallets holding at least one Bitcoin has decreased by 2.2%, but the total holdings of these wallets have increased by 13667 Bitcoin. （Santiment）