KuCoin Futures Weekly Report (December 27, 2023 - January 3, 2024)

Happy New Year my #KuCoin fam!

We have started year 2024 on a bullish note, with BTC surpassing $45k as the decision window for spot BTC ETF approaches. BTC has already returned 154% this year, and traders are expecting the surge to continue leading up to the Bitcoin halving in April. Additionally, the approval of the Spot Bitcoin ETF is expected to pave the way for higher institutional interest.

- This week, the rise in popularity of parallel chain has attracted a significant influx of funds into $SEI which rallied over 83%.

- Also, $BSV and $ASTR have seen over 50% gain, driven by the increasing demand from the Korean Community.

- $SOL has remained a popular search term, along with $TRB which is the top volatile token on our list.

- We have listed $TAO (USDT-M), adding one more popular AI-related option to our traders.

We hope you had a delightful holiday season! Happy trading: https://t.me/KuCoin_Futures_TG

🚀 Dive into today's #crypto updates on #KuCoinMarketWatch ⤵️

🟢 #Fed minutes: rates have peaked, no timeline for rate cuts indicated

🟢 #Matrixport: #Bitcoin to drop 20% if #SEC rejects #ETFs

🟢 #Ethereum #Devcon7 to take place in Bangkok

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