[The Federal Reserve Cuts Interest Rates as Expected, Spot Gold Rises $16 in the Short Term]
The Federal Reserve cuts interest rates as expected, spot gold rises $16 in the short term, now trading at $4205.23 per ounce.
[Trump: Tariffs bring in hundreds of billions in revenue, the country is respected again]
U.S. President Trump stated that tariffs have brought in hundreds of billions of dollars in revenue, and the country is respected again.
The unrealized losses of the cryptocurrency ecosystem have recently climbed to approximately $350 billion. Among them, Bitcoin has unrealized losses of approximately $85 billion. With multiple on chain indicators showing a comprehensive contraction in liquidity, the market may enter a high volatility mechanism in the coming weeks. (glassnode)
[US SEC Chairman: Cryptocurrency Working Group to Hold Roundtable on December 15]
Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), announced that the Cryptocurrency Working Group will hold a roundtable on Monday, December 15, to discuss policy issues related to financial monitoring and privacy. The event will be held in person and live-streamed on the SEC's official website.