Gate Research: Bitcoin Price Hits New High; Hyperliquid TVL Up 28%, Jumps to 6th Place

Gate Research Daily Report: On December 16, the price of BTC rose by 2.85% in the past 24 hours, with the current price reaching $104,615.7, continuing to set new ATH. Ethereum ETFs saw a net inflow of $855 million last week, marking a new record for weekly inflows. The Hyperliquid network's TVL (Total Value Locked) reached $4.401 billion, surpassing the Base network. Pump.fun has accumulated over $300 million in revenue, with a total token issuance of approximately 4.67 million. The FASB's fair value accounting rules have been implemented, accelerating the arrival of the era of corporate Bitcoin reserves. DWF Labs, in collaboration with the Abu Dhabi Blockchain Center, is driving the development of the Web3 ecosystem in the MENA region.

Market Analysis: BTC has increased by 2.85% in the past 24 hours, currently priced at $104,615.7, marking a continuous series of new all-time highs.
Top Performers: The leading sectors are AI Agent Launchpad, RWA Protocol, and Bitcoin Sidechains, recording gains of +8.2%, +7.3%, and +7.0%, respectively.
Data Highlights: Pump.fun has generated cumulative revenues exceeding $300 million, with a total of approximately 4.67 million tokens issued.
Spotlight Analysis: The FASB's fair value accounting rules have been implemented, accelerating the adoption of Bitcoin reserves by enterprises.
Market Opportunities: Perena, targeting the Solana ecosystem, is focused on solving liquidity fragmentation issues in the current stablecoin market. It offers an efficient and flexible multi-asset stablecoin exchange platform, with Swap and Pool features now available.

Explore today's details 👉🏻 Gate Research: Bitcoin Price Hits New High; Hyperliquid TVL Up 28%, Jumps to 6th Place

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Gate Team
December 17th, 2024