🚨 Crypto Highlights — Get the Market Focus in 1 Minute! 1⃣ The crypto market was hit hard again as $BTC dropped to $98K. The likely trigger was weak U.S. stock performance after the government reopened, causing crypto-related equities to fall across the board. Fear-driven capital fled to safety. 2⃣ Today’s CME FedWatch data shows the probability of a 25bps rate cut in December falling to 51.6%, accompanied by hawkish comments from Fed officials — one of the factors behind market panic. 3⃣ $BTC briefly plunged to 98,000, and some analysts believe the next support level sits near 94,000. 4⃣ Uniswap launched the Continuous Clearing Auction (CCA) protocol, signaling its entry into the token issuance market. In crypto, the endgame is always… issuing a token. 5⃣ Grayscale has submitted an IPO application to the U.S. SEC. The firm manages approximately $35B in assets and offers exposure to more than 45 tokens. 6⃣ $DYDX announced using 75% of protocol fees for buybacks, while $ME announced 30%. The community joked: “Buybacks are fine… but can you at least stop selling first?” 7⃣ Investors on X are expecting a ‘Santa Rally’, referring to the historical tendency for crypto prices to surge from late December into early January. 8⃣ XRPC recorded $58M in trading volume on its first day, slightly surpassing BSOL — the highest day-one volume among roughly 900 new ETFs this year. $XRP trading volume has remained strong. 9⃣ Followin Alpha group analysis: Price has touched a major trendline for the first time. If it stops falling and shifts into consolidation, wait for short-term moving averages to drop — once price breaks above the filter line, a reversal trend may form.