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Today, the cryptocurrency market sentiment has clearly shifted towards greed. Bitcoin reached a two-month high at over $96,300, with a 24-hour increase of about 2.4%, successfully breaking through the $95,000 consolidation zone. Ethereum performed even better, surpassing $3,300, with a 24-hour gain of up to 5.1%, showing a strong catching-up momentum.
In terms of sector performance, the NFT sector (led by Pudgy Penguins), Meme coins (such as PEPE), and Layer 2 solutions (like Optimism) became the biggest gainers.
Factors driving the market include positive macro signals. The latest US inflation data shows easing pressure, which directly reinforces market expectations for future rate cuts. Although the probability of maintaining interest rates in January is very high (about 97%), the dovish macro outlook is clearly favorable for risk assets.
On the policy front, the so-called "CLARITY Act," a structural legislation for the crypto market, is gaining momentum. Although there are still differing opinions internally, the market generally views it as a positive signal for increased regulatory certainty. The Senate Agriculture Committee has rescheduled relevant hearings, and this progress gives investors more confidence in the future direction of the industry.