On January 5th, global risk assets generally rose. The Asia-Pacific markets led the gains, with the Korea KOSPI index rising over 2.27% in the early trading session, hitting a new all-time high and surpassing the 4,400-point mark for the first time; the Japan Nikkei 225 index soared over 1100 points, just 2% away from its all-time high; our A-shares Shanghai Composite Index opened up 0.46%, approaching the 4000-point integer level; the Hang Seng Index opened slightly higher by 0.09%.
U.S. stock futures also followed suit—S&P 500 futures rose 0.46%, NASDAQ futures increased 0.26%, and Dow Jones futures led with a maximum gain of 0.58%. This broad rally stimulated buying in the crypto sector.
Bitcoin directly broke through $93,000, and Ethereum approached the $3,200 level. Interestingly, altcoins and meme tokens began to become active. Old-school meme tokens like BROCCOLI714, BONK, BOME, WIF, PEPE, and PNUT led the gains, reflecting a clear increase in market risk appetite.
Precious metals also surged. Spot gold broke through $4,420 per ounce, with a 24-hour increase of over 2%; spot silver surged even more, breaking through $76 per ounce, with a single-day jump of 4.5%. The entire market is showing a rare scenario of broad upward movement across stocks, bonds, commodities, traditional assets, and cryptocurrencies.
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AllInDaddy
· 01-08 02:07
Wow, meme coins are all coming up. This is the rhythm to take off to the sky!
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LiquidationWatcher
· 01-05 02:54
Huh? A full-scale rally? I think it's more like a full-scale entry, as meme coins are becoming active again, indicating that retail investors are starting to get restless.
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MEVHunterLucky
· 01-05 02:53
Meme coins are back again. Can they hold up this time, or will they fade away like a flash in the pan...
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TradFiRefugee
· 01-05 02:45
Meme coins are bouncing again. This time, it won't be another false alarm, will it?
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TokenRationEater
· 01-05 02:43
Wow, meme coins are taking off collectively. Is this the beginning...
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PhantomMiner
· 01-05 02:26
Now meme coins are all moving around, and risk appetite has really increased.
On January 5th, global risk assets generally rose. The Asia-Pacific markets led the gains, with the Korea KOSPI index rising over 2.27% in the early trading session, hitting a new all-time high and surpassing the 4,400-point mark for the first time; the Japan Nikkei 225 index soared over 1100 points, just 2% away from its all-time high; our A-shares Shanghai Composite Index opened up 0.46%, approaching the 4000-point integer level; the Hang Seng Index opened slightly higher by 0.09%.
U.S. stock futures also followed suit—S&P 500 futures rose 0.46%, NASDAQ futures increased 0.26%, and Dow Jones futures led with a maximum gain of 0.58%. This broad rally stimulated buying in the crypto sector.
Bitcoin directly broke through $93,000, and Ethereum approached the $3,200 level. Interestingly, altcoins and meme tokens began to become active. Old-school meme tokens like BROCCOLI714, BONK, BOME, WIF, PEPE, and PNUT led the gains, reflecting a clear increase in market risk appetite.
Precious metals also surged. Spot gold broke through $4,420 per ounce, with a 24-hour increase of over 2%; spot silver surged even more, breaking through $76 per ounce, with a single-day jump of 4.5%. The entire market is showing a rare scenario of broad upward movement across stocks, bonds, commodities, traditional assets, and cryptocurrencies.