Gate Research Institute: BCH rose over 14% weekly, DAT zone under pressure with total market capitalization falling below 1 trillion USD | Gate VIP Weekly Report

Highlights of Last Week's Market Overview:

Alpha Mining: BTC consolidated at a low after a continuous decline on November 19-20, with the price gently rebounding from a low of about $80,646 to around $86,600, showing a short-term oscillating bottoming structure. ETH stabilized at a low near November 19 after a continuous weakening, with the price bouncing back from a low of $2,623 to around $2,820. BCH surged over 14.21% last week, becoming the most eye-catching token; WLFI and MYX also recorded increases of 12.84% and 10.76%, respectively.

On-chain funds: Arbitrum is leading strongly, and Robinhood is positioning it as the core platform for tokenizing securities, with the tokenization scale of on-chain stocks and ETFs approaching $10 million, creating a real trading cycle. As the crypto market adjusts, the DAT sector has encountered significant valuation contraction, with the total market cap falling below $1 trillion, on-chain positions losing value, leading companies facing premium declines or even discounts, and the industry entering a phase of active and passive deleveraging adjustment.

This report will conduct an in-depth analysis of the above trends and provide detailed market data and technical interpretations. You are welcome to click to view the complete report, accurately grasp market dynamics, obtain forward-looking strategic perspectives, and explore the next round of potential opportunities. <br> <center><strong style=“font-size: 1.5em;”>(Click below to get the complete report)</strong></center> <br> Gate Research Institute is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

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