Daily News | BTC ETFs Resumed Large Net Inflows, and BTC Dominance Rate Returned to A High of 57%

Crypto Daily Digest: BTC ETFs resumed large net inflows, Jupiter plans to airdrop 700 million JUP next month

According to data from Farside Investors, the U.S. Bitcoin spot ETF had a net inflow of $475 million yesterday. BlackRock IBIT had a net inflow of $56.5 million, Fidelity FBTC had a net inflow of $254 million, and Ark ARKB had a net inflow of $187 million.

Yesterday, the U.S. Ethereum spot ETF saw a net inflow of $89 million. Fidelity FETH had an inflow of $83 million, and BlackRock’s ETHA data has not been updated yet.

Citi Analyst: Cryptocurrencies expected to see strong growth in 2025

Citi analysts predict strong growth for cryptocurrencies in 2025, driven by Trump’s policies, increased ETF inflows and stablecoin innovation. Bitcoin’s move above $100,000 may be just the beginning.

Trump’s SEC nominees and pro-crypto stance are shaping a market more friendly to digital assets. ETFs have opened the door to more investors, while the continued development of stablecoins has fueled the growth of decentralized finance (DeFi).

If Bitcoin exceeds $97,000, the cumulative short order liquidation intensity of mainstream CEX will reach 483 million

According to Coinglass data, if Bitcoin breaks through $97,000, the cumulative short order liquidation intensity of mainstream CEX will reach 483 million. On the contrary, if Bitcoin falls below $95,000, the cumulative long order liquidation intensity on mainstream CEX will reach 272 million.

The liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher “liquidation bar” indicates that the price will react more strongly to the liquidity wave later.

Jupiter plans to airdrop 700 million JUP next month, and the number of eligible wallets is about 2.3 million

Jupiter has announced that it will conduct a Jupuary airdrop next month, totaling 700 million JUP tokens worth more than $590 million. The total amount of JUP allocated to users is 425 million, of which 75 million JUP are reserved for stakers.

There are approximately 2.3 million eligible wallets, including 2 million Swap trading users, and 320,000 professional traders, who can receive a reward of 0.1 JUP for every 1 JUP staked. Jupiter emphasized that the distribution plan is a draft and is subject to adjustments.

Market Trends: New coins ME, PENGU, and others rose, Altcoins lack fresh narratives

Market Hotspots

MIRA, a new meme token on the chain, has surged, rising nearly 100 times in 4 hours; MIRA is the story of a doctor’s father treating his daughter with a rare disease. It has been retweeted by Desci’s popular project BIO, and the token price has fallen sharply；

New coins ME, THE, MOVE, PENGU, and others rose. The airdrop selling pressure from retail investors after the launch of these new coins was basically exhausted, but the increase was not obvious, and the market outlook still remains to be seen.

Mainstream Coins

BTC surged to around $100,000 during the day and then fell back. It is currently consolidating around $96,000. There was a large inflow into BTC ETF yesterday, but the price was not directly reflected in the price of BTC, and the short-term market trend is unclear;

ETH fell below $3,400 and did not fall further. The ETH ETF also maintained large net inflows;

Altcoins generally fell, and the market lacked fresh narratives.

Macro News: The three major U.S. stock indexes diverged trends, and the probability of the Fed keeping interest rates unchanged in January is 87.2%

The three major U.S. stock indexes had mixed trends, with the S&P 500 index falling 0.04% to 6,037.59 points; the Dow Jones Index rising 0.07% to 43,325.80 points; and the Nasdaq Index falling 0.05% to 20,020.36 points. The benchmark 10-year U.S. Treasury yield is 4.58%, and the 2-year U.S. Treasury yield, which is most sensitive to the Fed’s policy rate, is 4.30%.

According to CME’s “FedWatch”, the probability of the Fed keeping interest rates unchanged in January next year is 87.2%, and the probability of cutting interest rates by 25 basis points is 12.8%. The probability of keeping current interest rates unchanged by March next year is 50.6%, the probability of a cumulative 25 basis point interest rate cut is 44.1%, and the probability of a cumulative 50 basis point interest rate cut is 5.4%.

Orient Securities said that the December Federal Reserve interest rate meeting can be regarded as the Fed’s clear turning point. After the meeting, the market quickly priced it. Currently, according to the pricing of federal funds rate futures, the number of expected interest rate cuts in 2025 is only 1.5 times, with a 1-year term. The forward FFR point expectation has been adjusted back to 30bp. From this point of view, the market has basically completed the hawkish pricing of monetary policy. Considering that the market’s hawkish expectations for the Federal Reserve in 2025 have been basically fully traded, the U.S. dollar index may be close to the top. If hard indicators such as employment and unemployment rates in subsequent economic fundamentals deteriorate significantly, it may become a key node that triggers the U.S. dollar index to start a correction trend.