ChainCatcher news, according to CoinDesk, as much of the world celebrates Christmas, Bitcoin (BTC) fell below $93,000 on the eve of the holiday, before quietly returning to the $100,000 level. However, when the Asian markets opened on Thursday morning, the rally stalled just above $99,800, and within a few hours, it quickly dropped to around $95,000.Data shows that the price movements of the cryptocurrency over the past 48 hours have certainly occurred under very low trading volumes, and Bitcoin is still up more than double this year to date, but the drop in the past week may overlook one point: the tailwind of low interest rates may have turned into a headwind.

ChainCatcher news, according to thecryptobasic, after Trump's victory in the election, at least three states—Pennsylvania, Texas, and Ohio—are considering adopting a unique framework to establish their own Bitcoin reserves. Centrifuge's General Counsel Eli Cohen asserted in a recent interview that this development is very beneficial for the crypto market.As experts continue to debate the feasibility of implementing this at the federal level and its potential market impact, some states may be seeking to join in. It is reported that Trump made bold claims about establishing a federal strategic Bitcoin reserve during his campaign, and with the inauguration of the incoming president approaching, several states are already considering testing the waters.

ChainCatcher message, according to SoSoValue data, after two days of general increase, the cryptocurrency market sector has experienced a slight pullback, while the CeFi, AI Agents, and DeSci hot sectors have risen against the trend. The CeFi sector saw a 24H increase of 1.17%, with significant gains in CEX-related tokens: Bitget Token (BGB) increased by 22.12%, Gate (GT) by 7.39%, and Huobi (HT) by 5.06%, but Hyperliquid (HYPE) experienced a significant pullback, with a 24H decrease of -11.21%.The AI Agents sector had a 24H increase of 6.21%, with AI Rig Complex (ARC) rising by 56.55%, Shoggoth (SHOGGOTH) by 44.80%, and Zerebro (ZEREBRO) by 18.03%. The Virtuals Protocol ecosystem tokens saw an increase today after yesterday's pullback, with VIRTUAL, GAME, and AIXBT rising by 9.72%, 34.45%, and 16.59%, respectively. Additionally, the DeSci sector had a 24H increase of 3.61%, possibly influenced by the future airdrop commitment from Pump Science, with Urolithin A (URO) and Rifampicin (RIF) rising by 40.55% and 26.28%, respectively.In other sectors, the Layer 1 sector decreased by -0.73%, the Layer 2 sector by -1.16%, the Meme sector by -1.29%, the DeFi sector by -2.02%, and the DePIN sector had the largest pullback at -3.30%.

ChainCatcher news, Trump publicly supports the Bitcoin reserve plan, pushing the U.S. government to accumulate Bitcoin as a strategic asset. The plan has received support from political figures including Porter and Lummis, and has sparked bipartisan interest. Trump's endorsement gives political momentum to this previously marginalized concept, marking a watershed moment in the cryptocurrency market.California Democratic Congressman and Wyoming Republican Senator propose to include Bitcoin in the U.S. reserve assets, partially relying on America's gold reserves. However, critics argue that this could reinforce the U.S. financial dominance and pose a challenge to the decentralized nature of Bitcoin. Nevertheless, supporters believe this initiative helps address the debt crisis and promotes global financial innovation.

ChainCatcher news indicates that, thanks to Trump's re-election as president and the growing demand for U.S. digital asset funds and derivative contracts, the focus of the cryptocurrency market has returned to the United States.Data from Kaiko shows that the proportion of daily Bitcoin trading in U.S. dollars during U.S. hours has risen from 40% in 2021 to about 53%. The data also indicates that the cryptocurrency market depth—its ability to absorb relatively large orders without causing excessive price impact—has returned to pre-FTX crisis levels, closing most of the "Alameda Gap."CF Benchmarks product manager Thomas Erdösi noted that the increasing participation of institutions has shifted the "liquidity dominance" to the United States.

ChainCatcher message, according to SoSoValue data, the encrypted market sector has seen a comprehensive rise for two consecutive days, with the NFT and AI Agents sectors leading with increases of 15.51% and 9.95%, respectively. Notably, within the NFT sector, Pudgy Penguins (PENGU) has a 24H increase of 32.35%, Moca Coin (MOCA) has increased by 32.97%, and Magic Eden (ME) has risen by 14.62%; in the AI Agents sector, Fartcoin (FARTCOIN) has increased by 60.33%, ai16z (AI16Z) has risen by 32.7%, and among the tokens related to yesterday's standout performance, except for VaderAI by Virtuals (VADER) which still has a 27.48% increase, VIRTUAL, LUNA, and GAME have retraced by -3.67%, -3.12%, and -19.78% over 24H, respectively.In other sectors, the SocialFi sector has a 24H increase of 7.47%, with UXLINK (UXLINK) rising by 86.47%; the Meme sector has increased by 6.96%, the Layer 2 sector has risen by 5.57%, the DePIN sector has increased by 5.54%, the Layer 1 sector has risen by 4.68%, and the DeFI sector has increased by 4.65%.

ChainCatcher message, according to SoSoValue data, the encrypted market sector has generally rebounded, with the AI sector and its sub-sector AI Agents leading the way with increases of 11.9% and 19.83%, respectively. Within the sector, Virtuals Protocol (VIRTUAL) and ecosystem-related tokens GAME by Virtuals (GAME), VaderAI by Virtuals (VADER), Luna by Virtuals (LUNA), and aixbt by Virtuals (AIXBT) performed well, rising 35.19%, 65.68%, 56.10%, 27.98%, and 20.24% over 24 hours, respectively.In other sectors, the GameFi sector saw a 24-hour increase of 10.64%, with Axie Infinity (AXS) rising 9.7% and ImmutableX (IMX) rising 8.86%; the DeFi sector increased by 7.82%, with Aave (AAVE) rising 19.02%, Curve DAO (CRV) rising 13.25%, and Raydium (RAY) rising 11.56%; additionally, the DePIN sector increased by 7.57%, the NFT sector by 7.53%, the Layer 2 sector by 6.51%, the Layer 1 sector by 6.13%, and the Meme sector by 5.13%.

ChainCatcher news, according to Coingecko data, Hyperliquid (HYPE) has a market capitalization of $11.03 billion, surpassing XLM and ranking 19th in the cryptocurrency market capitalization list.

ChainCatcher news, according to Bloomberg, Edward Chin of Parataxis stated, "The recent market decline appears to be investors taking profits at year-end, with no fundamental factors triggering this sell-off." Due to reduced expectations for a Federal Reserve rate cut in 2025, some investors may be choosing to reduce exposure and take profits.Pepperstone Group's head of research, Chris Weston, wrote in a report, "Technically, caution is warranted in the short term. This does not mean we will see a price crash soon, but the momentum of the rally has clearly weakened, and buyers have lost dominance and control over the market."

ChainCatcher news, according to Cointelegraph, the Nigerian Securities and Exchange Commission has updated its crypto regulations, adding requirements for virtual asset service providers (VASP) and social media influencers regarding crypto-related marketing promotions.In the revised digital asset rules, the regulator stated that VASPs promoting their crypto products in collaboration with third-party service providers must "obtain prior approval from the commission." The rules also require VASPs to ensure that third-party providers comply with the marketing rules set by the SEC. These rules apply to any VASP providing services to residents of the country and are set to take effect on June 30, 2025.

ChainCatcher news, according to SoSoValue data, the cryptocurrency market sector is experiencing a widespread decline, with nearly half of the sectors dropping over 10%. Specifically, BTC and ETH fell by 5.14% and 6.11% respectively in the last 24 hours. The CeFi sector dropped by 5.17%, while the NFT sector, which rose over 20% yesterday, fell by 6.01%.In addition, the Layer 1 sector declined by 8.14%, the Layer 2 sector by 9.37%, the DeFi sector by 10.55%, the Meme sector by 11.33%, and the DePIN and PayFi sectors dropped by 11.48% and 11.69% respectively.Despite the overall market decline, some projects performed well, such as the NFT sector Pudgy Penguins (Pengu) which rose by 9.54%, Moca Coin (MOCA) which increased by 10.25%, and AI Agents' AI Rig Complex (ARC) which surged by 54.22%.SoSoValue analysts suggest that the widespread decline in the cryptocurrency market may be influenced by today's Federal Reserve meeting, which adjusted the pace of interest rate cuts for next year (from 4 times to 2 times), the upward revision of future core PCE inflation rates and GDP growth, as well as Powell's more hawkish statements than the market expected, leading to panic regarding liquidity expectations.

According to ChainCatcher news and SoSoValue data, the entire cryptocurrency market segment has risen, with the NFT segment leading with an increase of 8.53%. The AI Agents segment continues to perform strongly, with a 24H increase of 4.36%.Within the NFT segment, Moca Coin (MOCA) has risen by 352.21%, LooksRare (LOOKS) has increased by 15.65%, SuperVerse (SUPER) has risen by 4.98%, and ApeCoin (APE) has increased by 4.96%.In the AI Agents segment, Fartcoin (FARTCOIN) has risen by 16.71%, while Vituals Protocol (VIRTUAL) and ecosystem-related tokens AIXBT and GAME have increased by 8.47%, 11.83%, and 10.36% respectively over 24H.The RWA segment has risen by 4.12%, possibly influenced by the purchase of Trump's cryptocurrency project WLFI, with Ondo Finance (ONDO) in the segment rising by 9.34%.In other segments, the DePIN segment has risen by 3.14%, the AI segment by 3.09%, the Layer 2 segment by 2.97%, the GameFi segment by 2.75%, and the Meme segment by 2.07%.