Last Night’s Crypto Flash Points — 1-Minute Market Recap | December 11th
AI Summary2 min read
TL;DR
Crypto markets reacted to Fed rate cuts with volatility, including BTC/ETH/SOL spikes and pullbacks. Key events: whale activity, funding rounds, and altcoin trends. Market sentiment eased slightly from extreme fear.
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EthereumSmart ContractsSolanaSolana EcosystemSEC Security TokenBitcoincrypto marketFed rate cutwhale activityaltcoinsmarket sentiment
🚨 Last Night’s Crypto Flash Points — 1-Minute Market Recap | 12/11
1⃣ $BTC, $ETH, $SOL spiked and then pulled back after the rate-cut announcement — likely a “sell the news” reaction.
The Fed cut rates by 25 bps as expected, and the dot plot shows only one rate cut next year, with future moves dependent on labor-market data.
2⃣ Rate-cut commentary:
The Fed’s “media mouthpiece” said three cuts failed to resolve internal disagreements and warned of stagflation risk.
Goldman Sachs noted that hawks were appeased and that future easing depends on labor-market weakness.
3⃣ The 1011 insider whale is going wild:
Its ETH long position saw unrealized profits spike to $29.17M, then ETH fell — and it added to the position, now holding 120K ETH, with PnL dropping to $12.3M.
This position is huge enough to influence the market.
4⃣ AI platform $Surf raised $15M, with Pantera Capital and Coinbase Ventures participating.
This project looks like it’s gearing up for a token.
5⃣ SOL dark-pool token $WET surged then retraced; now sitting at a $250M market cap.
Nearly all gains from the “Binance perpetuals listing” news have been erased.
A highly controlled market — worth monitoring.
6⃣ Bitcoin treasury company Twenty One Capital listed on U.S. stock markets — and shockingly opened below IPO price.
Treasury-style plays are still pressured by Strategy’s death-spiral theory.
MSTR has dropped from 543 to 184.
Not great.
7⃣ CMC Fear & Greed Index is at 29 (Fear) — finally out of “Extreme Fear.”
Even though prices remain weak, panic sentiment is easing.
8⃣ $PIPPIN market cap hit $320M — a small pullback but remains strong.
$PIEVERSE also maintained strong upward momentum with high perpetual trading volume.
9⃣ 10x Research:
Some altcoin rebounds are driven by spot flows, and altcoins may outperform Bitcoin in the coming period.
🔟 SEI integrated with Xiaomi’s pre-installed apps (excluding China & U.S. markets), giving 680 million users direct access to crypto payments via stablecoins.
$SEI price performance was mild.