With all sectors rising, is the future of the crypto market bright?

اصل مصنف: 1912212.eth، فارسائٹ نیوز

After Trumps victory, the کرپٹو market has seen a surge in recent days. Bitcoin, Ethereum, Meme, re-staking, DeFi, RWA, L2, AI, almost all the coins in most tracks you can think of have seen a general rise, the only difference is the size of the increase.

So how is the overall performance of the crypto market today? Let鈥檚 take a look.

Bitcoin spot ETF has a net inflow of more than $600 million in a single day

Bitcoin spot ETF data has shown large net inflows since October, and the net inflows are far greater than the net outflows in terms of both amount and number of days.

In early November, due to the uncertainty of the US election, there was a three-day net outflow, totaling about $700 million. However, on November 6, after the election results were confirmed, the single-day net inflow reached a staggering $621.9 million, almost wiping out the net outflow difference in one day.

The total transaction volume on that day reached 6.07 billion US dollars, the highest since March 15 this year. Among them, the single-day transaction volume of BlackRock ETF IBIT reached 4.14 billion US dollars, setting a new record.

After the election results were confirmed, off-market funds changed their hesitation and poured into the market again. Currently, the total net inflow of Bitcoin spot ETFs has risen to US$24.12 billion.

Stablecoin market value approaches record high

Stablecoins, which measure market funds, also performed well. The total market value has now risen above $1,750.6 billion, close to its all-time high of $187 billion. In the past seven days, its market value has increased by 1.47%, indicating that funds are constantly flowing in.

Among them, USDTs market value has risen from $120 billion to $121.5 billion in the past month. It is worth mentioning that on November 7, the market value soared from $120.6 billion to $121.4 billion in a single day, an increase of more than $800 million.

USDC data also performed well. In the past month, it rose from a low of $34.38 billion to $36.7 billion, an increase of more than $2 billion. The strength of US capital inflows remains strong.

The total market value of the crypto market has risen to $2.5 trillion, approaching a record high

The peak total market value of the crypto market in the last cycle was 2.86 trillion U.S. dollars. In April this year, the total market value once reached 2.7 trillion U.S. dollars. The current market value has risen to above 2.5 trillion U.S. dollars, not far from the historical high.

Institutional and Trader Perspectives

Bitfinex analyst: After Trumps election, a large amount of capital is expected to be released in the short term for the crypto sector

As the industry expects federal agencies to take a less hostile attitude toward cryptocurrencies, this trend is expected to promote more capital inflows into the Web3 space. Analysts said: We expect that a large amount of capital will be freed up for use in the crypto space in the short term. In addition, this may have an impact on the approach taken by the US SEC, which is generally considered to be hostile to the crypto industry.

Matrixport: BTC penetration rate is close to 8%, Trumps support may push BTC price above $100,000

Matrixports weekly report shows that Bitcoin penetration is approaching the critical 8% threshold, and Trumps support may drive price breakthroughs. The report shows that about 7.51% of the worlds population (617 million people) use cryptocurrencies, close to an 8% penetration rate. Reaching this threshold may mark a turning point for Bitcoin to move toward mainstream adoption. In addition, Trump promised at the 2024 Bitcoin Conference to include Bitcoin in the national financial reserves, support Bitcoin mining, and plan to establish an advisory committee to support cryptocurrencies. At the same time, Wyoming senators proposed the Bitcoin Act of 2024, which aims to establish a strategic Bitcoin reserve and purchase 1 million Bitcoins within five years. The report predicts that in this supportive environment, Bitcoin could reach $100,000 in the coming months.

10x Research: بازار narrative shifts, Bitcoin aims for $100,000

10x Research says that as ETF demand grows parabolicly, Bitcoin will follow suit, predicting that Bitcoin could reach $101,694 by the end of January 2025. The strong bullish window will extend into the first quarter of 2025. The narrative no longer positions DeFi as the future and an external alternative to the traditional financial system, but instead shifts to digital gold Bitcoin. This framework positions Bitcoin as a permanent, long-term asset in institutional portfolios.

CryptoQuant CEO: Bitcoin holders are advised to gradually sell, warning of the risks of buying full positions

Ki Young Ju, CEO of crypto analysis platform CryptoQuant, tweeted that new investors tend to hold Bitcoin in a bear market, and after experiencing losses, they will change hands when the market stabilizes about two years later. He believes that now is the time for this switch, and Bitcoin may rise another 30-40% from the current level, but will not repeat the 368% increase from $16,000. He suggested that investors consider selling gradually instead of continuing to buy all positions.

Meme سکے KOL Murad: Bitcoin will exceed $100,000

Meme coin KOL Murad tweeted that Bitcoin will exceed $100,000, and the top meme coins will rise more than 100 times. The tweet received over 6,000 likes.

Trader Ansem: If regulation is favorable, there will be an unprecedented altcoin bull market

Ansem tweeted that if the United States introduces regulatory policies that are favorable to DeFi in the next few years, we will usher in an unprecedented altcoin bull market.

Trader Eugene: Don鈥檛 underestimate breaking through all-time highs

Trader Eugene tweeted yesterday that when the market is most uncertain, you have to follow the oldest rules of the market. Dont underestimate Bitcoins breakthrough of its historical high.

Trader Nachi: The real super cycle has begun

Trader Nachi tweeted that Trumps big victory marked the beginning of a true super cycle that would last at least four years.

This article is sourced from the internet: With all sectors rising, is the future of the crypto market bright?

Related: From Novice to Alpha Expert, a List of 50 Crypto Research Tools

Original article by: Stacy Muur Original translation: Vernacular blockchain My toolbox contains dozens of tools that help me refine market insights, analyze protocols, and confirm market data hypotheses. You may be familiar with some of them, such as DefiLlama, TokenTerminal, or Dune. However, there are many tools that are tailored for specific tasks. In this post, I want to walk you through 50 great research tools. I’ve categorized the tools based on their mission and highlighted the best use cases for each tool. Some broad-based protocols may appear multiple times, so keep scrolling down to find the mission that currently interests you. Lets discover some new tools together and improve your research capabilities! 1. Basics Fundamental research is the process of analyzing a project to understand its core value, appeal,…