📢 Gate Plaza Daily | December 9

Market Highlights

1️⃣ U.S. Crypto Stocks Open Higher
Crypto-related equities opened broadly higher, reflecting improving risk sentiment.
• MicroStrategy (MSTR) gained 2.61%
• BMNR rose 4.9%, leading the sector

2️⃣ ETH Breaks Above Key Technical Level
Ethereum has broken through its 50-day moving average, signaling a strengthening rebound and accelerating bullish momentum in the short term.

3️⃣ October PPI Data Update
The U.S. Bureau of Labor Statistics announced it will not release October Producer Price Index (PPI) data, easing immediate macro data pressure on markets.

4️⃣ Strategy Reinforces Long-Term Bitcoin Commitment
Strategy confirmed plans to hold its Bitcoin holdings until 2065, highlighting strong long-term confidence in BTC as a strategic reserve asset.

5️⃣ CFTC Advances Crypto Market Infrastructure
The U.S. CFTC has launched a digital asset collateral pilot program, permitting BTC, ETH, and USDC to be used as collateral in derivatives markets — a key step toward institutional adoption.

📈 Market Outlook:
Technical strength in ETH, rising crypto equities, and regulatory progress continue to support a constructive market environment.