December 12 Key Market Information Discrepancy, A Must-See! | Alpha Morning Report
Top News
1. Solana Ecosystem Meme Coin JELLYJELLY Continues to Surge, Daily Gain Exceeds 87%
2. Impacted by Binance Futures Delisting, AIA Plunges Over 40% Temporarily
3. Tom Lee Predicts 11.8% Upside for S&P 500 Index Next Year, Bullish on AI and Crypto Stocks
4. Do Kwon Sentenced to 15 Years in Prison by U.S. Federal Judge
Articles & Threads
1. "Trump Takes Control of the Fed, Impact on Bitcoin in the Coming Months"
Tonight marks the most anticipated interest rate cut decision of the year by the Federal Reserve. The market is overwhelmingly betting on a rate cut almost as a certainty. But what will truly decide the trajectory of risk assets in the coming months is not another 25 basis point cut, but a more critical variable: whether the Fed will resume liquidity injections into the market. Therefore, this time, Wall Street is not focused on interest rates, but on the balance sheet.
2. "November Exchange Rankings: CEX Trading Volumes and User Activity Decline Month-on-Month"
In November 2025, the spot ="/wiki/article/trading-volume-267">trading volume of mainstream CEXs decreased by 27% compared to October. The top three decliners were Coinbase at -5.42%, Kucoin at -16.50%, and Crypto.com at -17.72%. The bottom three were OKX at -27.18%, Bybit at -31.42%, and Gate at -43.91%. In November, the contract trading volume of mainstream CEXs decreased by 26% compared to October. The top three decliners were HTX at -14.21%, Kucoin at -14.38%, and OKX at -21.15%. The bottom three were Kraken at -26.07%, Bybit at -28.66%, and Bitget at -48.47%.
Market Data
Daily Market Overall Fund Flow (Reflected by Funding Rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate
Token Unlocks
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