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The crypto market experienced a weekly rebound, with a total market capitalization surpassing $30 trillion, and some coins rising over 50%.
As we enter the fourth week of December, the crypto market is experiencing a slight recovery. According to market data, the total market capitalization has risen to $3.086 trillion, and market sentiment has warmed somewhat.
This week coincides with the Christmas period, the US stock market will close early on Wednesday and be closed all day on Thursday. It is worth noting that market investors are closely watching whether Trump will announce the Federal Reserve chair nominee during this time window, which could bring new expectations for crypto assets.
The performance of segmented tracks shows significant differentiation. The Launchpad sector of a leading platform has performed impressively, with tokens such as PINGPONG, RAVE, ZKP, and BEAT all seeing a rise of over 50% in 24 hours, indicating that the enthusiasm for new projects remains strong. In contrast, the Meme coin sector continues to cool down, with a market capitalization decline of 0.6% over the past 24 hours. Among the top 200 Meme coins by market capitalization, there are very few varieties that have increased, with only a handful such as M, PUMP, and PIPPIN able to rise against the trend.