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Key Developments in Crypto: BTC Decline, Metaplanet's Purchase, and USDC's Surge | Flash News Detail | Blockchain.News
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12/23/2024 11:47:26 AM

Key Developments in Crypto: BTC Decline, Metaplanet's Purchase, and USDC's Surge

Key Developments in Crypto: BTC Decline, Metaplanet's Purchase, and USDC's Surge

According to CCData, Bitcoin (BTC) has experienced its first weekly decline following the US elections, signaling potential market volatility. Meanwhile, Japanese firm Metaplanet has significantly increased its investment in Bitcoin with its largest purchase to date, indicating strong institutional interest. Additionally, former President Donald Trump has appointed Bo Hines to lead the Crypto Council, which could influence regulatory directions. Lastly, the market cap of USD Coin (USDC) has reached its highest level since 2022, reflecting growing demand for stablecoins.

Source

CCData

@CCData_io

CCData provides top-tier data and index solutions, research and events to support the adoption of digital assets.